In turn, Tan says SGX RegCo has been “working closely with industry partners to offer training” and has been “monitoring companies’ progress through regular reviews of companies’ sustainability and climate reports”.
The Singapore Exchange Regulation (SGX RegCo) welcomes the Singapore Business Federation’s (SBF) call to delay mandatory climate-related disclosure for small- and mid-cap Singapore-listed companies by up to two years.
In a written response to The Edge Singapore on June 26, SGX RegCo CEO Tan Boon Gin says the IFRS International Sustainability Standards Board (ISSB) standards were “published to meet demand for more consistent and comparable disclosures globally”. “We are aware the standards are ambitious and that smaller companies, in particular, have found compliance challenging.”
