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But the majority SGX-listed firms polled have begun adopting the ISSB standards already, which they say can attract investors and improve corporate reputation, an industry study finds.
They called for fairer policies, stronger support, and inclusion in global sustainability standards such as Roundtable on Sustainable Palm Oil and EU Deforestation Regulation at annual roundtable conference on sustainable palm oil, RT2025.
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Many still struggle with local certification standards, while EUDR adds further complexity by requiring land documents, geolocation data and traceability requirements, say sustainability professionals.
At the prevailing carbon tax rate, firms lack incentive to buy premium removal credits, says Isometric's chief commercial officer Lukas May. The city-state should draw from Europe’s standards to set minimum quality thresholds, he adds.
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