ISSB

ISCA, SGX RegCo launch mock sustainability report as guide for companies - THE EDGE SINGAPORE

Environmental, Social and Governance

ISCA, SGX RegCo launch mock sustainability report as guide for companies

The 62-page document aims to “provide clarity” to firms that are already reporting under the Global Reporting Initiative (GRI) standards on how also to adopt the ISSB’s standards.
SGX RegCo will require ISSB-aligned climate-related disclosures from all listed issuers starting FY2025 - THE EDGE SINGAPORE

Environmental, Social and Governance

SGX RegCo will require ISSB-aligned climate-related disclosures from all listed issuers starting FY2025

SGX RegCo will review issuers’ readiness before establishing the implementation roadmap for reporting Scope 3 emissions.

Environmental, Social and Governance

‘Huge momentum’ in Asia for ISSB adoption, says vice-chair of climate reporting standards body

More than 20 jurisdictions have already decided to use, or are taking steps to introduce, ISSB standards.
Norway wealth fund voices concern over ‘fragmentation’ of ESG - THE EDGE SINGAPORE

Environmental, Social and Governance

Norway wealth fund voices concern over ‘fragmentation’ of ESG

There’s now a concern that ISSB’s adoption across jurisdictions will be far from uniform, undermining its original purpose.

Environmental, Social and Governance

Less than 30% of firms worldwide feel ready for independent ESG audit: KPMG

This percentage is “virtually unchanged” from the 25% surveyed nine months ago, says KPMG.

Environmental, Social and Governance

ISSB to start researching disclosures on nature, human capital

This is a “critical next step” in developing the global baseline for sustainability reporting, says TNFD.

Environmental, Social and Governance

SGX RegCo launches consultation on incorporating ISSB standards into sustainability reporting rules

The consultation is open till April 5 and the consultation paper is available on SGX RegCo’s website.
Large private companies must report annual climate-related disclosures from FY2027: Acra, SGX RegCo - THE EDGE SINGAPORE

Environmental, Social and Governance

Large private companies must report annual climate-related disclosures from FY2027: Acra, SGX RegCo

Acra will review the experience of listed issuers and large private companies before introducing requirements for other firms.

Environmental, Social and Governance

World's companies met 5.3 of TCFD's 11 recommendations last year, up from 3.2 in 2020

While levels of disclosure are increasing, companies still fall short of the TCFD's 11 recommended disclosures.

Sustainability

Three-quarters of companies globally are not ready for independent ESG evaluation: KPMG report

Companies that felt “unready” said it was challenging to balance ESG goals with profit expectations of shareholders.
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