Firms chase sustainability expertise
Regulatory changes key factor in pushing businesses to seek in-house capabilities and external help from consultants
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Janice Heng
Singapore
WITH increasing corporate and investor awareness of sustainability issues, demand for related expertise is growing, said industry players. And while there is still a reliance on consultants, larger corporates are expected to shift towards in-house teams.
Regulatory changes have played a key role. In 2016, sustainability reporting was introduced for Singapore Exchange-listed firms on a "comply or explain" basis.
