Sustainability Reporting in Singapore- SGX Compliant
We are a leading provider of sustainability reporting in Singapore. We assist Singapore Exchange (SGX) listed companies in adhering to SGX sustainability reporting requirements.
Why It Matters
Since 2016, SGX has rolled out a list of sustainability reporting requirements that listed companies in Singapore must adhere to (SGX Listing Rule 711A). This has been a push towards responsible and inclusive accountability for businesses to create a resilient and sustainable community.
How and Where to Start
The report consists of four main components:
- Board Statement
- Defining Material Economic, Environmental, Social & Governance (ESG) Factors
- Company Policies, Performance and Material Issues
- Application of a suitable framework for disclosure
Board Responsibility
The Board of Directors is responsible for the strategic direction of a company, and this includes the holistic combination of environmental, social and governance integration in the company’s strategy. Having a sustainability disclosure deepens stakeholders’ understanding of corporate performance.
Enhance Business Value
Sustainability reporting creates a higher demand for Eco and Green investments among institutional investors and the public. Enhanced policies and better sustainability practices also create higher stakeholder buy-in and greater brand equity. Transparency is the currency of trust and the purpose of a sustainability report is to further build that trust.
Frequently Asked Questions on Sustainability Reporting Process in Singapore
If you require more information or clarification about sustainability reporting in Singapore, please reach out to us.