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
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.
If you require more information or clarification about sustainability reporting in Singapore, please reach out to us.