Task Force on Climate-related Financial Disclosures (TCFD)

Environmental, Social and Governance

World's companies met 5.3 of TCFD's 11 recommendations last year, up from 3.2 in 2020

While levels of disclosure are increasing, companies still fall short of the TCFD's 11 recommended disclosures.
TNFD framework launch floats nature-related risks to corporates' attention - THE EDGE SINGAPORE

Environmental, Social and Governance

TNFD framework launch floats nature-related risks to corporates' attention

British pharmaceutical and biotechnology giant GSK will publish their first TNFD disclosures from 2026.
All S-REITs have issued climate-related disclosures, but lag global peers in setting metrics, targets: EY, REITAS study - THE EDGE SINGAPORE

Environmental, Social and Governance

All S-REITs have issued climate-related disclosures, but lag global peers in setting metrics, targets: EY, REITAS study

Just 30% of S-REITs have disclosed their net-zero commitments, and these range in ambition, note EY and REITAS.
SGX RegCo to seek feedback by year-end on mandating ISSB-aligned climate reporting - THE EDGE SINGAPORE

Environmental, Social and Governance

SGX RegCo to seek feedback by year-end on mandating ISSB-aligned climate reporting

Singapore Exchange Regulation (SGX RegCo) will consult on any possible changes to current listing rules by the end of the year.
Private companies with $1 bil annual revenue could face mandatory climate reporting from FY2027: Acra, SGX RegCo - THE EDGE SINGAPORE

Environmental, Social and Governance

Private companies with $1 bil annual revenue could face mandatory climate reporting from FY2027: Acra, SGX RegCo

Acra and SGX RegCo have launched a public consultation on recommendations to mandate climate-related disclosures from firms.
ISSB issues inaugural standards, creating common language for climate-related impact on companies - THE EDGE SINGAPORE

Sustainability

ISSB issues inaugural standards, creating common language for climate-related impact on companies

They ensure companies provide sustainability-related information alongside financial statements in the same reporting package.
Climate-related disclosures up, but science-based targets still rare among APAC's largest listcos: PwC, NUS study - THE EDGE SINGAPORE

Sustainability

Climate-related disclosures up, but science-based targets still rare among APAC's largest listcos: PwC, NUS study

The study of 700 listed companies across 14 jurisdictions also found sustainability upskilling lacking for board and management.

Environmental, Social and Governance

TCFD: Asia Pacific is the second-best region at reporting climate disclosures

Since 2017, the TCFD has issued five annual status reports describing companies’ alignment with the TCFD recommendations.
Tie climate objectives to employee remuneration: WTW - THE EDGE SINGAPORE

Environmental, Social and Governance

Tie climate objectives to employee remuneration: WTW

"What gets rewarded definitely gets measured and done."
MAS to cut exposure to coal and oil miners; issues guidelines on ESG retail funds - THE EDGE SINGAPORE

Environmental, Social and Governance

MAS to cut exposure to coal and oil miners; issues guidelines on ESG retail funds

“Let me assure you — if MAS calls up a fund manager to a meeting, that usually sends the message across.”
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