Now in its ninth year, SGTI 2024 placed a greater emphasis on sustainability disclosures and practices. As regulations and corporate governance practices mature in Singapore, several questions with disclosure rates reaching 100% due to mandatory compliance were removed. Stricter assessment criteria were applied to the remaining questions.
An annual corporate governance study of Singapore-listed companies (listcos) and trusts has returned a poorer grade this year, suggesting that these firms have fallen behind after last year’s record scores.
However, the assessors say comparisons with previous years can be misleading, as stricter assessment criteria were applied in the latest edition of the Singapore Governance and Transparency Index (SGTI).
