Rising investor expectations have spurred a global push for publicly listed companies (PLCs) to disclose comprehensive sustainability information. As a result, regulatory bodies worldwide are either mandating or strongly recommending the issuance of sustainability reports by PLCs, focusing on environmental, social, and governance (ESG) factors.

The integration of ESG disclosures with financial reporting enables investors to more accurately evaluate the financial outlook and management effectiveness of PLCs, a trend strongly supported by regulators.

This article, written in collaboration with Anthesis, takes a look at:

  • An explanation of the upcoming mandatory Singapore Climate-Related Disclosure (CRD) standards, which are based on the International Sustainability Standards Boards S1 and S2 standards
  • A comparison of the proposed CRD requirements with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and the existing SGX Listing Rules on climate-related disclosures
  • The relevant entities that will be subject to the Singapore mandatory CRD requirements and the timeline for implementation
  • How to companies can prepare for the upcoming CRD requirements
  • An overview of the current and future state of the CRD landscape in Asia Pacific 



Baker McKenzie is Here to Help

In this complex and evolving regulatory climate, businesses aided by experienced and trusted legal counsel will be well-positioned to navigate the growing challenges posed by ESG. At Baker McKenzie, we are well-positioned to advise on such matters, and we are committed to helping our clients develop optimal solutions amidst this developing regulatory landscape. Please contact our team members Celeste Ang, Min-tze Lean, Richard Allen or Pradeep Nair if you have any questions.

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