Six Singapore firms form Circle of Practice to address accounting for sustainability

SIX Singapore companies met on April 13 to launch an environmental and sustainability-focused grouping called a Circle of Practice for Accounting for Sustainability.

The group, which said that it may be the first in Asia to be assembled, seeks to adopt, learn and improve on addressing social and environmental risks and opportunities through financial processes and decision making.

The founding members are DBS Bank, CapitaLand, Japfa, Olam International, Sysmex Asia Pacific and SATS.