Sustainability Reporting: Towards More Holistic Disclosure

Investors these days are increasingly looking to assess not just the financial performance and status of the companies they invest in, they are also looking at the non-financial aspects – how the investee performs in its interaction with its physical environment, social community and its governance (i.e. how sustainable is the business in the long-run?) In this article, we briefly examine the new sustainability reporting framework announced by the Singapore Exchange in June 2016.

In 2011, the Singapore Exchange ("SGX") introduced voluntary guidelines for sustainability reporting, with a view to encouraging listed issuers ("Issuers") to disclose and account to investors and stakeholders the extent to which their businesses are conducted in a sustainable manner.