News Formal

78% of Singapore’s large listed companies advance in climate reporting

  • 📰 SBRMagazine
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

pstrongNearly all companies have established roles or committees to manage climate risks and opportunities./strong/p pAbout 78 % of larger listed companies, mostly from carbon-intensive sectors, are progressing well ina href="https://sbr.com.

Nearly all companies have established roles or committees to manage climate risks and opportunities., according to a joint study conducted by the Accounting and Corporate Regulatory Authority and the Sustainable and Green Finance Institute at the National University of Singapore.

Regarding strategy, a majority disclose climate risks, but fewer disclose opportunities. Whilst 75% conduct scenario analyses on climate impacts, only 16% integrate climate risks into financial planning. The initiative aligns with Singapore’s commitment to sustainable development, as outlined by Second Minister for Finance Chee Hong Tat.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SBR National Business Awards 2024 Winner: FairPrice Group Supply ChainHear from Willie Tan, Associate Director at FairPrice Group Supply Chain, as he discusses how their Supply Chain Operations Center (SCope) uses data to monitor and anticipate disruptions, ensuring a smooth supply of food and essentials for Singapore.
Source: SBRMagazine - 🏆 13. / 51 Read more »