SUBSCRIBERS

SGX RegCo mulling common digital format for sustainability reports, planning to mandate ISSB standards

Raphael Lim

Raphael Lim

Published Tue, Jul 19, 2022 · 09:40 AM
    • Tan Boon Gin, chief executive of Singapore Exchange Regulation  said that greenwashing is the “biggest threat” when it comes to the market having accurate climate information to drive decision making
    • Tan Boon Gin, chief executive of Singapore Exchange Regulation said that greenwashing is the “biggest threat” when it comes to the market having accurate climate information to drive decision making PHOTO: ST FILE

    SINGAPORE Exchange Regulation (SGX RegCo) is considering whether to mandate all listed companies to prepare their sustainability reports using a common digital format.

    The frontline regulator is also preparing to incorporate International Sustainability Standards Board (ISSB) standards into the listing rules as mandatory disclosure requirements for listed companies when they are issued.

    These are part of efforts to ensure that climate-related information is available, comparable and trusted to tackle the issue of greenwashing, SGX RegCo chief executive Tan Boon Gin said on Tuesday (Jul 19).

    Copyright SPH Media. All rights reserved.