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Singapore corporate governance improving; SATS maintains lead in governance index

Yong Jun Yuan

Yong Jun Yuan

Published Wed, Aug 3, 2022 · 11:00 AM
    • The trio of local banks were still ranked in the top 10 companies on the Singapore Governance and Transparency Index in 2022.
    • The trio of local banks were still ranked in the top 10 companies on the Singapore Governance and Transparency Index in 2022. The Straits Times

    THE Singapore Governance and Transparency Index (SGTI) climbed to a new high this year, as companies committed themselves to better corporate governance and sustainability disclosure practices.

    According to results released on Wednesday (Aug 3), the index’s mean score in the general category breached the 70-point mark for the first time, hitting 70.6, up from 68.7 a year earlier.

    For the third year running, ground handler and caterer SATS came in first on the index’s general category, with a score of 122 points out of a possible 143 points.

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