SGX RegCo organises climate-related disclosures workshops

Disclosures will be mandatory from 2023.

The Singapore Exchange Regulation (SGX RegCo) will be conducting workshops to help listed companies prepare for climate-reporting requirements.

The workshops, focused on the Task Force on Climate-related Financial Disclosures recommendations, are for individuals producing their companies’ sustainability reports. Attendees will learn to identify climate-related risks, opportunities and processes to implement climate reporting.

Climate disclosure rules were announced in December 2021 after a public consultation. All companies must provide disclosures on a ‘comply or explain’ basis in their sustainability reports for financial years (FY) starting on or after 1 January 2022. Reports under the new rules will be first published in 2023. The disclosures will be mandatory from FY 2023 for financial, agriculture, food and forest products, and energy industries. The materials and buildings, and transportation industries must do the same from FY 2024.

"Investors are seeking climate-aligned investments while banks and insurers are integrating climate risks into their decisions. We hope that our issuers will take advantage of these subsidised workshops to equip themselves to meet the informational demands of these stakeholders," said the head of listing compliance June Sim.

The sectoral workshops will be conducted by sustainability professionals and coordinated by Global Compact Network Singapore, the Singapore chapter of the United Nations Global Compact. The first workshop is expected to be held in April, with subsequent workshops at regular intervals thereafter.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!