We In June 2022, as part of its aim to support Singapore’s position as a leading global business hub and advance the objectives of the Singapore Green Plan 2030, the Accounting and Corporate Regulatory Authority (“ACRA”) and the Singapore Exchange Regulation (“SGX RegCo”) formed the Sustainability Reporting Advisory Committee (“SRAC”) to set out a roadmap for the wider implementation of sustainability or climate reporting by companies in Singapore.
We Following a public consultation on SRAC’s recommendations, the SRAC announced in February 2024 that climate-related disclosures (“CRDs”) will be mandatory for all listed companies and certain large non-listed companies (“NLCs”) with effect from FY2025 and FY2027, respectively. Such CRDs will have the same reporting and filing timelines as financial statements to facilitate timely communication to shareholders and other stakeholders.
