Few listed companies producing 'truly balanced' sustainability reports: EY

Singapore

TOO few listed companies in Singapore are doing proper sustainability reporting and many of those that do produce reports choose to focus solely on the positives, a study by auditor EY has shown.

Out of the 50 biggest primary listings by market cap on the Singapore Exchange (SGX), only a paltry three have produced sustainability reports that can be considered "truly balanced", EY said, adding that some firms provide robust disclosures while others reveal only "limited information".