The improved score comes amidst the COVID-19 pandemic, heightened concerns about the impact of climate change and a boom in sustainability-linked financing.
A joint review of Singapore-listed issuers’ sustainability reports by Singapore Exchange Regulation (SGX RegCo) and the Centre for Governance and Sustainability (CGS) at the National University of Singapore (NUS) Business School has revealed that listed issuers have shown overall improvement in their sustainability reporting and the level of disclosure as compared to the last review in 2019.
The review found that the average overall score based on the SGX-CGS Sustainability Reporting Scorecard rose to 71.7 points from 60.6 in 2019.
