Singapore lags Asean in sustainability reporting: study

Singapore

SINGAPORE companies see the relevance in sustainability reporting but a majority struggle to identify its key impact, risks and opportunities, according to a recent study.

The study by National University of Singapore (NUS) Business School's Centre for Governance, Institutions and Organisations (CGIO) and Asean CSR Network (ACN) revealed that only 71 per cent of the companies in Singapore practise sustainability reporting, lagging behind its regional counterparts in terms of mandatory enforcement.