SGX First Sustainability Reporting Consultation Paper: Enhancing Consistency and Comparability
(Respond by 31 March 2024)

View full consultation paper here
There are total three (3) questions / comments (do not need to answer all questions) but justification and explanation appreciated.

Question Title

* Question 1(a): Amendments to Align with ISSB Standards

Do you agree with the proposed amendments to the Listing Rules and the Sustainability Reporting Guide (as detailed in paragraphs 2.7 and 2.12 of Part II of the Consultation Paper) to incorporate the ISSB Standards in the SR Regime?

Yes

Please give reasons for your view:

Question Title

* Question 1(b): Amendments to Align with ISSB Standards

Do you agree that an issuer is only required to make a statement that its climate-related disclosures are in compliance with the ISSB Standards as applicable for climate-related disclosures in its sustainability report from the financial year commencing on or after 1 January 2027? Do you agree that in the interim, an issuer should describe in its disclosures that its climate-related disclosures are prepared with reference to the ISSB Standards?

Yes

Please give reasons for your view:

Question Title

* Question 2: Primary Components: ‘Comply or Explain’ Basis to Mandatory Basis

Do you agree that the SR Regime for reporting on the primary components of a sustainability report should be enhanced from a ‘comply or explain’ basis to a mandatory basis?

Yes

Please give reasons for your view:

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* Question 3: Reporting Timeframe

Do you agree that the sustainability report should be issued together with the annual report from the financial year commencing on or after 1 January 2026? Do you agree that the first sustainability report for a newly listed issuer should be in respect of its first full financial year after listing?

Yes

Please give reasons for your view:

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* CFA ID (Optional)

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* Please fill in your particulars below:

Name as per CFA records

Email Address

Contact Number

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* I wish to keep the following confidential (Optional):

Name

Contact Information

Question Title

* Question 1(a): Amendments to Align with ISSB StandardsDo you agree with the proposed amendments to the Listing Rules and the Sustainability Reporting Guide (as detailed in paragraphs 2.7 and 2.12 of Part II of the Consultation Paper) to incorporate the ISSB Standards in the SR Regime?

Question Title

Question Title

* Question 2: Primary Components: ‘Comply or Explain’ Basis to Mandatory BasisDo you agree that the SR Regime for reporting on the primary components of a sustainability report should be enhanced from a ‘comply or explain’ basis to a mandatory basis?

Question Title

Question Title

* CFA ID (Optional)

Question Title

* Please fill in your particulars below:

Question Title

* I wish to keep the following confidential (Optional):

* Question 1(a): Amendments to Align with ISSB Standards

Do you agree with the proposed amendments to the Listing Rules and the Sustainability Reporting Guide (as detailed in paragraphs 2.7 and 2.12 of Part II of the Consultation Paper) to incorporate the ISSB Standards in the SR Regime?

* Question 2: Primary Components: ‘Comply or Explain’ Basis to Mandatory Basis

Do you agree that the SR Regime for reporting on the primary components of a sustainability report should be enhanced from a ‘comply or explain’ basis to a mandatory basis?