Listed companies and large non-listed companies in Singapore may be required to report climate-related disclosures by FY2025 and FY2027 respectively. The criteria for large non-listed companies in Singapore refer to firms that have an annual revenue of at least $1 billion.
Less than 30% of companies globally feel ready to have their environmental, social and governance (ESG) data independently evaluated, “virtually unchanged” from the 25% surveyed nine months ago, according to research by KMPG.
Released on June 13, the findings come at a time where regulatory deadlines for reporting ESG standards are fast approaching.
