10/1/2022 – A talk has been given by Dr. Azharudin Ali from Tunku Puteri Intan Safinaz School of Accountancy (TISSA-UUM) on Promoting Sustainable Society: Individual and Community Roles and Responsibilities for Speak Up For Nature, organized by the Centre for Testing, Measurement and Appraisal (CeTMA).

All in all, the governance pillar of sustainability refers to actions that maintain a company's values in line with those of society at large, such as truthful accounting, openness, and regulatory compliance. The business's values must also align with those of the community, value chains, and end-user clients.

The Key Takeaways

• Investors who want to make money and do good for society are becoming more and more concerned about the sustainability of businesses.
• Sustainable investment is based on three pillars: governance, social responsibility, and the environment. These three pillars are colloquially known as people, planet, and profits.
• Businesses may increase their environmental sustainability by cutting back on inefficient or carbon-intensive processes.
• The social responsibility pillar is made up of things the company does to help its employees, customers, and the community as a whole.
• The economic pillar, also known as "governance," is concerned with ensuring that ethical and open accounting standards, as well as the law, are followed.

These insightful and valuable visions highlighted in this talk are expected to help the university achieve its sustainability goals.