Reporting organisation sets up Asean hub in Singapore

Singapore

SUSTAINABILITY reporting organisation Global Reporting Initiative (GRI) is opening its Asean regional hub in Singapore on Sept 3, with the backing of a 12-member consortium including Singapore Exchange (SGX), and three Big Four firms.

Providing "a single common global language", the GRI Standards sustainability reporting are used by 80 per cent of environmental, social and governance (ESG) reporting firms in the region, and are "referenced or required" by regional stock markets, GRI chief executive Tim Mohin told The Business Times.