GreenCo Assists SGX Listed Company in Foundation Building for Climate-related Disclosures

Strong Foundation for Climate-related Disclosures

GreenCo recently supported a listed company on the Singapore Exchange (SGX) in developing customised strategies and action plans to enhance its climate resilience and disclosure capabilities. This initiative aligns with SGX’s proposed enhancements to climate-related disclosures, which represent strengthened requirements across global standards.

A key challenge identified is the disparity between current reporting practices and SGX’s proposed requirements, which emphasise more comprehensive and consistent disclosures aligned with the IFRS S2 Climate-related Disclosure standards. Many companies face difficulties in addressing these gaps due to limited resources, technical expertise, and the absence of a solid foundation in climate data management and reporting.

To tackle these issues, we collaborated with the company to develop a tailored action plan. A suitable action plan allows the company to strengthen climate-related governance and integrate climate considerations into broader business strategies. By building a robust foundation, the company is well-positioned to meet future requirements and enhance its resilience to climate risks.

We understand it is of utmost importance for companies to establish a strong foundation for climate-related disclosures. With investors and stakeholders increasingly prioritising transparency and sustainability, companies must act proactively to ensure long-term value creation and regulatory compliance. Contact us today to empower your business to navigate this evolving landscape.