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SGX RegCo to Incorporate IFRS Standards Into Mandatory Climate Reporting Rules

On 23 September 2024, the Singapore Exchange Regulation (SGX RegCo) announced that it will begin incorporating the IFRS Sustainability Disclosure Standards (IFRS Standards) issued by the International Sustainability Standards...more

ISSB Implementation Across Asia - September 2024

In the December 2023 edition of Regulatory Updates in Asia ESG we provided an update on how jurisdictions across Asia are responding to the International Sustainability Standards Board (ISSB) standards. Several regulators in...more

Mandatory Climate Reporting in Singapore From FY2025

The Accounting and Corporate Regulatory Authority and Singapore Exchange Regulation have provided details of mandatory climate reporting for listed issuers and large non-listed companies. On 28 February 2024, the...more

Four Stock Exchanges Collaborate to Develop the ASEAN-Interconnected Sustainability Ecosystem

The stock exchanges of Malaysia, Indonesia, Thailand, and Singapore have partnered to advance sustainability in ASEAN through the development of an interregional ESG ecosystem. On February 15, 2024, Bursa Malaysia Berhad...more

Singapore Unveils Blueprint for Sustainable Air Hub

The Civil Aviation Authority of Singapore will also launch 12 key initiatives, including a levy on sustainable aviation fuel and low-carbon electricity imports. The Civil Aviation Authority of Singapore (CAAS) has launched...more

Singapore Publishes Eligibility List Under the International Carbon Credit Framework

The Eligibility List sets out the approved host countries, carbon crediting programmes, and methodologies that meet the established Eligibility Criteria in Singapore. On 19 December 2023, the Ministry of Sustainability...more

MAS publishes Code of Conduct for ESG Rating and Data Product Providers

The voluntary code aims to enhance transparency and improve comparability and reliability of ESG data and scores. The Monetary Authority of Singapore (MAS) has published a Code of Conduct for Providers of Environmental,...more

MAS Launches Singapore-Asia Taxonomy

The Taxonomy aims to define green and transition economic activities to identify and allocate capital to sustainable projects and initiatives. On 3 December 2023, the Monetary Authority of Singapore (MAS) unveiled the...more

Singapore Establishes New Platform for ESG Data

The artificial intelligence platform is the most recent development in Singapore’s green initiatives as part of Project Greenprint. A new platform called “Gprnt.ai” (Gprnt), which launched in November 2023, aims to unify...more

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