REIT Companies in Malaysia Lag in Sustainability Reporting, Neglecting Environment.
Sustainability reporting is not common among real estate investment trust (REIT) companies in Malaysia. A study looked at 17 REIT companies to see how much they report on economic, environmental, and social sustainability. They found that REIT companies talk more about their economic performance than their environmental and social impacts. Also, these companies don't use a framework called GRI for reporting sustainability. This means they need to do more to share information on how they affect the environment and society. Regulators should make rules to make companies report more on sustainability to keep stakeholders informed.