ACRA proposes mandatory climate-related sustainability disclosures for listed and large companies.

ACRA is consulting on the draft Singapore Sustainability Disclosure Standards, which would make climate-related disclosures (SFRS S2) mandatory. In contrast, broader sustainability reporting under SFRS S1 is proposed to remain voluntary.

Why it mattersLawyers advising listed or large corporate clients must prepare them for upcoming mandatory climate reporting obligations and potential assurance requirements.