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.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SBRMagazine - 🏆 13. / 51 Read more »