Listcos have made “notable progress” in disclosing climate-related information on their business activities since the Singapore Exchange mandated such disclosures on a “comply-or-explain” basis for the financial year starting 2022, says EY.
Singapore’s listed companies have largely commenced climate-related disclosures, but only a tenth of them have had those reports independently audited, according to a study by Ernst & Young LLP (EY) released on July 12.
Of 370 listcos surveyed, just three companies incorporated climate-related disclosures as part of their external assurance review process.
