Climate-related financial disclosures

The hidden carbon accounting costs of tariffs

A flawed methodology amplifies both environmental and financial risk

Ravi Menon, Singapore's ambassador for climate action, says: "I think between the next 10 and 20 years, climate change will be one of the major preoccupations of governments, of businesses and of the general public. It's going to dominate all your news."

Not necessary for Singapore to compete with the region on sustainability reporting, says Ravi Menon

The city-state’s ambassador for climate action says that all countries share a common objective of addressing the climate crisis

The decision to relax disclosure rules comes just days after New Zealand adopted a less ambitious methane emissions target and ruled out a tax on farm emissions.

New Zealand to relax climate reporting rules over cost concerns

Companies listed on the country’s main exchange will now only have to provide disclosures if their market capitalization is NZ$1 billion or more

South-east Asia's energy choices will shape global climate outcomes. If banks in the region continue to finance fossil fuel expansion while the rest of the world invests in renewables, the transition will slow everywhere.

The real climate test for South-east Asian banks has begun

The region’s lenders must move from pledges to action

The amount of capital mobilised globally by blended funds rose to US$5.1 billion in 2024, based on Convergence data.
ESG INSIGHTS

Issue 163: Pentagreen-managed blended fund hits first close; small listcos, we have a problem

This week in ESG: Green Investments Partnership fund raises US$510 million; the need for climate reporting

Ravi Menon, Singapore's ambassador for climate action, says: “Sustainability reporting remains important and is here to stay. There is no change in the direction of travel, only the pace."

Singapore is not pulling back on climate action despite delays in mandatory disclosures: Ravi Menon

Non-STI constituents with a market capitalisation of S$1 billion and above will have to comply from FY2028, an extension of three years

Regulators have given Singapore-listed companies up to five more years to align climate reporting with IFRS standards.
ESG INSIGHTS

Issue 161: SGX extends climate reporting deadlines; Piyush Gupta banks on blended finance, carbon markets

This week in ESG: Market regulator unveils tiered rollout of reporting requirements; former DBS CEO sees market mechanisms lowering decarbonisation costs

Ground handler and caterer Sats receives an overall score of 114.1 out of a theoretical maximum of 143 points.

Singapore companies improve slightly on corporate governance; Sats retains top spot in key index

City Developments Ltd no longer in top 10 for first time since 2016; CapitaLand Ascott Trust stays No 1 in Reits and business trust category

Companies that continue to view climate reporting as a mere tickbox exercise will miss out on the opportunity to showcase how they are creating long-term value.

Transitioning to ISSB requirements is not a mere labelling change

Closing this reporting gap can help companies maintain credibility and competitiveness as more stakeholders demand climate accountability

Since the end of FY2022, only 32% of companies examined in the EY study made disclosures against all 11 TFCD recommendations, which form the basis for the ISSB-aligned standards.

Over two-thirds of SGX companies unprepared for new sustainability reporting standards: EY study

Firms with financial years ending Dec 31 have under six months to prepare for the transition to ISSB-aligned disclosure standards