Mandatory Climate Reporting in Singapore: Your Business’s Carbon Footprint

Singapore government has implemented new reporting mandates for listed and large non-listed companies to enhance transparency regarding their environmental, social, and governance (ESG) impacts. These requirements conform to standards being provided by the International Sustainability Standards Board (ISSB). Companies will be required to report on their carbon emissions, resource utilization, social contributions, governance practices, and adherence to international standards like the United Nations Sustainable Development Goals (SDGs). Organizations will have a phased timeline to implement new reporting standards that measure their environmental performance, social contributions, and governance practices.