SGX RegCo will consider costs, benefits for ESG disclosure requirements: chairman

AS SINGAPORE Exchange Regulation (SGX RegCo) looks to introduce updated governance and disclosure standards, the market regulator promised to be mindful of costs companies will incur to comply with these standards.

At the Singapore Governance and Transparency Forum held on Aug 3, SGX RegCo chairman Professor Tan Cheng Han spoke about considerations in requiring additional governance and disclosure standards.

“(SGX RegCo chief executive Tan) Boon Gin and I are very much in tandem, of one mind, that whatever we introduce, we must be really personally satisfied that this is something that’s important, something that’s valuable, even if it is painful.