sustainability reporting

The UAE, which hosted the United Nations’ COP climate summit last year, is the first Middle Eastern country to force companies to measure their emissions.

APAC companies excel at disclosing emissions arising from their operations and their emissions reduction targets. However, most have not shared their plans on how to achieve the goals they have set.

City Developments was the first Singapore-listed company to issue sustainability reports back in 2008, but the real estate developer continues to mark many firsts today.

One of two tracks offered is targeted at new graduates and working professionals, including those eyeing a career shift to climate reporting.

Two sections from the three-part playbook are now available online. It provides an overview of Singapore’s Scope 2-related emissions and the role of the private sector in reducing carbon emissions.

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.

The eight-week programme will be expanded to support more SMEs and sectors to decarbonise, and aims to support up to 1,000 companies within five years.

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

More than 20 jurisdictions have already decided to use, or are taking steps to introduce, ISSB standards.

Why does a brokerage need a sustainability head? Kevin Lee talks about his work at the “integrated financial services provider”.