Axcelasia ESG and ESG Associates Announce Strategic Partnership to Advance ESG Advisory Services in Malaysia

Petaling Jaya, Malaysia – 18 April 2025

Axcelasia ESG Sdn. Bhd., a leading provider of integrated governance, risk, and compliance (GRC) solutions, and ESG Associates Sdn. Bhd., a boutique consultancy specializing in sustainability and ESG strategies, have announced a strategic partnership through the signing of a Memorandum of Understanding (MOU) on 18 April 2025. 

The MOU was signed by Mr. Ranjit Singh, Chairman of Axcelasia, and Mr. Steven Lee, Managing Director of ESG Associates, at Axcelasia’s office in Petaling Jaya. Also present were Mr. Chang Ming Chew (Managing Director), Mr. David Low (Chief Operating Officer) and Ms Mandy Siew (Director) of Axcelasia, as well as Ms. Oh Ying Ying (Director) from ESG Associates. 

The partnership aims to deliver comprehensive ESG advisory services to organizations across Malaysia, combining Axcelasia ESG's extensive experience in GRC and sustainability reporting with ESG Associates' deep technical expertise in carbon reporting and management, ESG and climate-related risk management, and stakeholder engagement. 

“We are excited to partner with ESG Associates to enhance our ESG service offerings,” said Mandy Siew, Executive Director of Axcelasia ESG. “This partnership aligns with our commitment to providing clients with holistic solutions that address the evolving landscape of sustainability and regulatory compliance.” 

Steven Lee, Managing Director of ESG Associates, added, “Joining forces with Axcelasia ESG allows us to broaden our impact and provide value to more organizations. Together, we are focused on supporting clients in embedding sustainability into their operations and managing their carbon footprint in a way that is practical, credible, and forward-looking.” 

About Axcelasia ESG Sdn. Bhd. Axcelasia ESG Sdn. Bhd. is a subsidiary of Axcelasia Group, an integrated professional services firm offering business advisory and software solutions in governance, risk, and compliance. The company provides services including internal audit, ESG and sustainability advisory, business continuity management, and data analytics.

About ESG Associates Sdn. Bhd. ESG Associates Sdn. Bhd. is a consultancy dedicated to helping organizations integrate environmental, social, and governance (ESG) principles into business strategy and operations. Its core services include carbon reporting, sustainability reporting, ESG materiality assessments, climate-related risk advisory, circular economy strategies, and ESG communications—tailored to support clients at every stage of their sustainability journey. 

For inquiries, please contact: 

Ms. Mandy Siew 

Axcelasia ESG Sdn. Bhd. Email: hello@axcelasia.com Phone: +603 2028 7450 

Ms Oh Ying Ying 

ESG Associates Sdn. Bhd. Email: info@esg-my.com Phone: +6012 2386630