SAMENTA to step up efforts to enhance SMEs’ understanding of ESG standards

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SAMENTA to step up efforts to enhance SMEs’ understanding of ESG standards
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GEORGE TOWN: The Small and Medium Enterprises Association of Malaysia (SAMENTA) will intensify its efforts to assist small and medium enterprises (SME...

: The Small and Medium Enterprises Association of Malaysia will intensify its efforts to assist small and medium enterprises in the country, in improving their compliance with environmental, social, and governance standards.

In addition to ESG compliance, Ng highlighted that a major issue faced by SMEs, both in Penang and nationwide, is low productivity. Many SMEs still operate below the productivity levels seen in larger companies. Commenting further, he noted that various forms of assistance have been provided to help SMEs increase productivity, including through the SME digitalisation programme. This initiative, in collaboration with the Penang government during the COVID-19 pandemic, supported 1,000 SMEs with donations to implement digital solutions in their businesses.

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