Sustainability reporting: listed firms report mixed experiences
Some companies concerned about resources needed and high costs involved
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Annabeth Leow
Singapore
SINGAPORE-LISTED companies have started to file sustainability reports under the new comply-or-explain guidelines - but for some, it's been a steep learning curve as they grapple with unfamiliarity and issues like costs and staff buy-in.
The Singapore Exchange's guidelines for sustainability reporting apply to listed companies on a "comply or explain" basis from the financial year ending on, or after 31 Dec 2017, with reports to be published from 2018.
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