With Australia, Japan, Hong Kong, Malaysia, New Zealand, Philippines and Singapore introducing mandatory climate reporting rules, a stricter sustainability reporting regime is upon firms. What are key shifts to note as new rules kick in?
The real estate giant’s head of sustainability Cate Harris tells Eco-Business why it is in its business interest to open up about its Scope 3 emissions and advocate for suppliers who are decarbonising hard-to-abate building materials.
While less ambitious than international standards, the US regulator's new ruling signals that “climate disclosure is here to stay,” say observers. Many affected Asian entities are from jurisdictions that are rolling out their own rules, like Australia, China and Singapore.