Singapore Firms Need Better Climate Reporting as New Rules Loom

Singapore’s listed companies need to improve climate disclosures as regulators are set to impose new standards starting this year, a new study has found.

Fewer than a third of issuers provided all 11 disclosures recommended by the Task Force on Climate-Related Financial Disclosures, according to the study from Singapore Exchange Regulation and the National University of Singapore released Tuesday. It reviewed the latest sustainability reports published through July from 529 companies.

One of the biggest holes was around disclosing greenhouse gas releases from clients or suppliers, with only 29% of the firms reporting these so-called Scope 3 emissions, according to ...