Unlocking ESG Reporting Requirements in Singapore – Latest Issue of ASEAN Briefing Magazine
The latest issue of ASEAN Briefing Magazine, titled “Unlocking ESG Reporting Requirements in Singapore”, is out now and available to subscribers as a complimentary download in the Asia Briefing Publication Store here.
In this issue
- Navigating ESG Reporting in Singapore
- What to Include in the Sustainability Report
- Understanding Core ESG Metrics
In Singapore, Environmental, Social, and Governance (ESG) reporting is increasingly vital as businesses recognize the necessity of addressing sustainability concerns and meeting stakeholder expectations. The Singapore Exchange (SGX) mandates all listed companies to disclose their sustainability practices and performance in their annual reports through a “comply or explain” approach.
The SGX provides guidelines through its Sustainability Reporting Guide, often leveraging the Global Reporting Initiative (GRI) Standards as a framework. Additionally, companies are urged to adopt Task Force on Climate-related Financial Disclosures (TCFD) recommendations to disclose climate-related risks.
The core of Singapore’s ESG strategy is the Green Plan 2030. The roadmap aims to advance the city-state’s national sustainable development by 2030. As such, sustainable practices ensure that a business can continue to operate over the long term by conserving resources, reducing waste, and minimizing environmental impact.
In this latest issue of ASEAN Briefing, we dive into the regulatory requirements of ESG reporting in Singapore before describing what needs to be included in an ESG report. Finally, we discuss the ESG core metrics within an ESG framework.
With offices across Southeast Asia and years of experience helping foreign enterprises set up operations in Asia, Dezan Shira & Associates is well-positioned to assist your company in entering ASEAN markets. For more information, please email us at asean@dezshira.com.
About Us
ASEAN Briefing is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia and maintains offices throughout ASEAN, including in Singapore, Hanoi, Ho Chi Minh City, and Da Nang in Vietnam, in addition to Jakarta, in Indonesia. We also have partner firms in Malaysia, the Philippines, and Thailand as well as our practices in China and India. Please contact us at asean@dezshira.com or visit our website at www.dezshira.com.
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