The country’s largest pension fund and ruling party is pushing for earlier rollout and broader coverage, criticising the regulator’s plan as too slow and narrow.
Rising costs, consumer apathy and slowing climate action are holding Singapore’s SMEs back on sustainability – but for some, being green is a competitive edge that boosts the bottom line.
Palm oil players welcomed the new standard, which also covers traceability requirements for Scope 3 emissions. However, it does not cover the measurement of forest carbon yet, which the standard setter said it needs more time to develop.
The Philippines Securities and Exchange Commission is officially requiring large publicly-listed companies to start applying rules by the International Sustainability Standards Board to measure and disclose their sustainability performance.