KUALA LUMPUR — Bursa Malaysia Berhad (Bursa Malaysia or the Exchange), the Malaysian Institute of Accountants (MIA) and The Malaysian Institute of Certified Public Accountants (MICPA) today jointly launched the 36th National Annual Corporate Report Awards (NACRA) at a virtual event.
With the enduring theme of “Towards Accountability & Excellence”, NACRA underscores the importance of high-quality annual reports in strengthening transparency, building trust, and supporting the integrity of the capital market, said Ong Chee Wai, Chairman of NACRA’s Organising Committee, in his welcoming remarks.
As the corporate reporting landscape evolves, NACRA remains committed to ensuring its framework stays relevant and forward-looking. “We continuously review and enhance our assessment criteria to align with emerging global standards, regulatory developments, and stakeholder expectations,” emphasised Ong.
In line with these global developments, sustainability reporting is playing an increasingly central role in shaping corporate disclosure. Ong highlighted the launch of the National Sustainability Reporting Framework (NSRF) in 2024 as a “significant milestone in Malaysia’s sustainability journey, aligning national requirements with the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB).” In tandem, Bursa Malaysia has enhanced its Sustainability Reporting Framework and Listing Requirements to support this transition.
“Reflecting these developments, NACRA continues to emphasise integrated reporting and sustainability disclosures. Our assessment criteria place greater focus on the quality, consistency, and connectivity of financial and non-financial information, including forward-looking insights and value creation narratives over the short, medium, and long term. The Best Sustainability Reporting Award remains a key category in recognising organisations that demonstrate leadership in this area,” stated Ong.
Foong Mun Kong, Chairman of NACRA’s Adjudication Committee, highlighted the importance of connectivity between financial and non-financial information to support decision-making. “As corporate reporting continues to evolve, it is no longer sufficient to report financial performance in isolation. There is an increasing expectation for organisations to demonstrate clear connectivity between financial and non-financial information, and to articulate a coherent value creation narrative over the short, medium, and long term.”
“In this regard, NACRA places strong emphasis on integrated thinking and high-quality sustainability reporting. We encourage organisations to move beyond compliance, towards meaningful, decision-useful disclosures that enhance transparency, accountability, and trust. We also welcome greater adoption of independent assurance to further strengthen the credibility of sustainability information,” emphasised Foong.
NACRA 2026 is open to all companies incorporated or registered in Malaysia, including listed and non-listed entities, as well as the public sector and other organisations established in Malaysia. The closing date for submissions is 30 June 2026. Only annual reports with the 2025 financial year-end are eligible for entry to NACRA 2026. —Bernama
