Speaking at the inaugural edition of the MUST Go Green event organised by Manulife US REIT, Yeo shared her experience as one of four vice-chairs on the TCFD. “We were there to help in case there were disagreements. But I must tell you, I feel a little underused because there never were [any]. We just discussed everything until we came to a joint conclusion. So, that should give you some confidence in what came out in the recommendations,” she adds.
Rules surrounding sustainability reporting may appear cumbersome, but corporates stand to benefit from greater opportunities ahead, says Yeo Lian Sim, vice-chair of the Financial Stability Board (FSB)’s Task Force on Climate-Related Financial Disclosures (TCFD).
By taking sustainability disclosures seriously, companies may avoid risks and reach new investors, Yeo tells The Edge Singapore.
