The recommendations require these two groups of companies to report their climate-related disclosures aligned with the standards issued by the International Sustainability Standards Board (ISSB) last week.
Listed companies here could face mandatory climate-related disclosures from FY2025, while their large non-listed peers with annual revenue from $1 billion could follow suit in FY2027.
The Accounting and Corporate Regulatory Authority (Acra) and Singapore Exchange (SGX:S68
) Regulation (SGX RegCo) have launched a public consultation on the recommendations set out by the Sustainability Reporting Advisory Committee (SRAC).
