Sustainability reporting
Issue 190: Scenario gap in climate disclosures; sustainable finance and energy security
This week in ESG: Review finds progress in Singapore-listed companies’ climate reporting; sustainable finance critical to energy resilience for Singapore
40% of issuers required to make climate disclosures in FY2024 fully met SGX requirements: review
36% of issuers provided all 11 disclosures recommended under the TCFD framework
OCBC cuts financed emissions in all targeted ‘dirty’ sectors in 2024
The bank’s reductions in oil and gas already surpass its 2030 goal, but annual performance depends on factors that may be outside control
UOB’s sustainable financing up 21% at S$70.1 billion
SMEs drive the increase with S$7.8 billion extended in loans to help them accelerate sustainable business practices
Issue 186: DBS takes systems approach to cutting emissions; families ripe for governance review
This week in ESG: Singapore bank says can’t scale decarbonisation on own; Family-sized need in Code of Corporate Governance review
DBS on track to cut financed emissions of most sectors
Lender’s sustainability report discloses that 15% of management’s remuneration is tied to ESG matters
Issue 184: OCBC hit by coal complaint; Parkway Life Reit secures green, social debt
This week in ESG: Bank under fire for loans to Harita Nickel; healthcare-focused Reit adds S$142 million of sustainable financing
Green group files SGX complaint against OCBC alleging disclosure gaps in carbon-intensive assets
Market Forces flags lender’s possible failure to comply with sustainability reporting requirements around its exposure to captive coal plants
Less than 50% of companies looking to invest in climate risk management: survey
Lack of knowledge, budget constraints could be among reasons that are holding firms back
Fear of the unknown preventing firms from embarking on sustainability journey: SMF
The manufacturing body has therefore rolled out a programme to help them overcome the obstacles
