This month, we see some exciting developments across ASEAN. Malaysia is stepping up with a new impact-led semiconductor fund, through a unique collaboration between MIDA, FMM, and Bintang Capital. Indonesia is also making waves with a landmark agreement that brings its carbon market closer to international standards. Meanwhile, the EXO Foundation has opened registrations for its 2025 Sustainability Awards, welcoming initiatives that create a positive impact for both people and the planet.
Globally, all eyes are on B Lab, as B Corps learn and adapt to its newly introduced standards. These highly anticipated updates aim to bring greater clarity, structured pathways, and more flexibility for companies. To support the transition, B Lab has released a detailed roadmap for businesses recertifying in 2025–2026, helping them prepare for what’s ahead.
As always, we at B Market Builder Southeast Asia are here to support you, whether you’re just beginning your B Corp journey or preparing for recertification under the new standards.
Together, let’s raise the bar, drive meaningful change, and shape a future where business is truly a force for good!
Malaysian B Corp Bets Big on Tiny Tech
The Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners (Bintang Capital), a Malaysian-based B Corp Company, came together under a milestone MoU to establish Bintang Semiconductor Impact Fund I (BSIF I). The initiative aims to advance Malaysia’s semiconductor industry while promoting sustainability, social impact, and SME development.
Awards for Responsible Tourism in Asia Open for Registration!
The EXO Foundation has launched the 2025 Sustainability Awards to recognize impactful sustainable tourism and environmental projects across Asia. Open to NGOs, social enterprises, and tourism businesses in 10 countries, the awards focus on two themes: “Planet” and “People.” Winners will receive cash prizes, exposure, and support. Applications close on 15 June 2025, with public voting in July–August and the awards ceremony to be held at the end of September.
Indonesia Inks Landmark Deal to Advance Carbon Market
On 8 May 2025, Indonesia’s Ministry of Environment signed a Mutual Recognition Agreement (MRA) with the Gold Standard Foundation, marking a pivotal step in developing a credible and transparent carbon market. The MRA enables dual certification, harmonizes assessment criteria, and simplifies documentation for carbon projects. It reflects Indonesia’s strong commitment to aligning with international standards while expanding its carbon market’s global reach and credibility.
Scaling 20x in 3 Years: Signature Market’s Sustainability Strategy
On 15 May 2025, ESG Business Institute hosted an exclusive webinar with Amelia Tan, Compliance Manager at Signature Market, a certified B Corp and one of Malaysia’s top healthy snack brands. Amelia shared insights into the company’s ESG journey—from emission reduction to anti-corruption efforts—that led to its B Corp Certification in 2024, showcasing how SMEs can embed sustainability and purpose at the core of their growth.
Guidance for All B Corps Due to Recertify in 2025/2026
B Lab has released a recertification policy outlining the steps for B Corps due for recertification in 2025 and 2026, enabling the community to begin transitioning to its new standards as early as possible. Recertification pathways will vary based on each B Corp’s recertification date, size, and complexity. B Lab remains committed to providing structured support throughout the transition.
Discover How Purpose Powers Profit in BBC’s Common Good
Can business be a force for good? Common Good, a BBC StoryWorks production, explores this question through the lens of Certified B Corps across 14 countries. Divided into four chapters, the series highlights how B Corps are driving positive change—from protecting biodiversity and empowering future generations to uplifting workers and building ethical supply chains—proving that business can serve both people and the planet.
Flipping the Script: From Employer to Employee Ownership
In Episode 8 of B Lab’s Forces For Good podcast, the focus is on shared prosperity and how workers can gain ownership and influence in the businesses they help build. Featuring Julian McKinley of the Democracy at Work Institute and leaders from B Corp NatureSweet, the episode explores worker cooperatives, fair wages, and inclusive leadership, offering real-world models that prioritize dignity, equity, and a more sustainable future of work.
Stay tuned for more updates! Got questions? Drop us a message at comms@bcorpsea.org
Copyright 2024 B Market Builder Southeast Asia
