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News / #Scope 1
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.
Some companies have been gaming their climate targets to attract investment, with most struggling to cut "impossible" supply chain emissions, the United Nations Global Compact Network Thailand executive director said at an event in Singapore last week.
Once an early mover on ISSB adoption, the city-state has pushed back disclosures for smaller listed firms by up to five years. Regulators cite economic uncertainty, but market watchers warn the move could spur easing of rules regionally.
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Malaysia's new sustainability reporting mandate drives corporate accountability, challenging businesses to align with global emissions standards and reshape their supply chains for a low-carbon future.
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