Praveen Tekchandani and Nhan Quang

Government interventions aside, achieving national decarbonisation targets will require the collaborative and collective actions of individuals and companies.
THE BOTTOM LINE

Press on with sustainability for resilience

Despite shifting attitudes globally towards the issue, Singapore companies should stay focused on embedding sustainability into their business

The new sustainability standards provide a structured framework for companies to assess and disclose their resilience to sustainability-related risks, allowing investors to understand the company’s long-term prospects better.

New standards guide sustainability disclosures, but the proof will be in adoption

The new requirements mean that companies in sectors reliant on fossil fuel may have to conduct strategic reviews