A study of local businesses by UN Global Compact finds a three-year downward trend in transparency on sustainability goals. Three in four Singaporean firms have delayed targets or made revisions, but most say sustainability remains a priority.
EB Studio
“Homeshoring”, or moving production back to a company’s home country, to counter geopolitical tensions is driving demand for low-cost migrant workers, raising labour risks in markets once deemed “low risk”, says the global assurance firm.
As global sustainability reporting standards converge, board directors face new challenges and opportunities in navigating mandatory ESG disclosures, ensuring transparency, and driving long-term value for their companies.
By
Jessica Cheam