Singapore launches mandatory climate reporting consultation
The city-state has plans to expand current climate disclosure requirements to a wider group of listed and unlisted companies active in the market. Ahead of implementation, Srac invites market feedback.
Lynk
July 18, 2023
Earlier this month, Singapore’s Accounting and Corporate Authority Acra, together with Singapore Exchange Regulation SGX RegCo, instigated a public consultation on a proposed set of mandatory climate-related disclosures CRDs. The two bodies partnered in June 2022 to form Singapore’s Sustainability Reporting Advisory Committee Srac.
The public consultation runs from July 6 until September 30, during which the public can access related documents through a portal on Acra and RegCo’s websites and submit feedback via a designated form. The two bodies Acra and SGX RegCo plan to consider public feedback and finalise the recommendations by 2024.
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