Scope 3 a 'critical weak link’, as most Singapore-listed firms begin basic climate reporting

Quick Summary:

Ahead of mandatory reporting, nearly all small-cap issuers now disclose at least one of TCFD's 11 recommendations, a market regulator study finds.

But Scope 3 emissions – still without a fixed disclosure deadline – remain a major challenge.

For the governance pillar, where 95 per cent of issuers now at least provide some form of climate-related disclosure, Loh also said details are still lacking, with only 42 per cent of issuers describing how their board would monitor progress in addressing climate issues.“The weak point is the ‘how’.

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Article Details

Author / Journalist: Gabrielle See

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Scope 3 Reporting Compliance ESG Climate risk Regulation Net zero Scope 1 Scope 2 Emissions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 03:37:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1246 words

Reading Time: 7 minutes read

Sentences: 35 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 26877936

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