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2025: The year to remain steadfast in corporate sustainability

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    • From the financial year 2025, all listed companies in Singapore need to report their Scope 1 and Scope 2 greenhouse gas emissions.
    • From the financial year 2025, all listed companies in Singapore need to report their Scope 1 and Scope 2 greenhouse gas emissions. PHOTO: YEN MENG JIIN, BT

    Lawrence Loh and Ang Hui Min

    Published Fri, Dec 27, 2024 · 06:00 AM

    FOR sustainability, the turn of the year from 2024 to 2025 will be a pivotal watershed. From global climate compacts to political interventions, the future of climate change actions remains on balance between sustained momentum and back-pedalling. Some corporates, too, are rethinking how to weigh sustainability purpose with financial profits.

    On the local front in Singapore, 2025 will see the start of a key sustainability reporting requirement beginning with listed companies. This adds to the array of obligations for sustainability and climate reporting already promulgated by the Singapore Exchange.

    From COP29 to COP30

    The United Nations Climate Change Conference (COP29), which closed on Nov 22, 2024, had two major outcomes.

    sustainabilityClimate policyClimate-related financial disclosuresClimate changeSingapore Budget 2025

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