In February 2024, Singapore’s Second Minister for Finance Chee Hong Tat confirmed that large non-listed companies – defined as those with an annual revenue of at least S$1 billion and total assets of at least S$500 million – will be required to make climate-related disclosures (CRD) aligned with the standards developed by the International Sustainability […]
In our previous ESG article, we highlighted that as Environmental, Social, and Governance (ESG) efforts transition from being a choice to being a necessity, companies will find themselves compelled not only to intensify their ESG efforts, but also to enhance their communication strategies. While many businesses have initiated various ESG actions to align themselves with […]
The Economics of Mutuality, a school of thought and business model developed by Mars Inc. and Oxford University’s Saïd Business School, posits that companies must consider their impact on society and the environment to thrive in the long run. Our ESG Monitor research reinforces this view, with 76% of Singaporeans attaching importance to companies taking […]
In ESG Monitor 2022, Singapore took the top spot for having the highest levels of awareness and knowledge of the term “ESG”. 72% of Singaporean participants were aware of the term and 31% claimed to have a good understanding without being prompted. These numbers compared favourably to the global results of 46% and 41% respectively. […]
