Singapore continues to lead in corporate, sustainability reporting: report

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Singapore continues to lead in corporate, sustainability reporting: report
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pem96% said they would increase budget for ESG initiatives./em/p pOrganisations in Singapore continued to show their progressive stance on ESG transparency with 97% agreeing that robust financial reporting is good for business, beating the global average of 84%, according to Workiva.

Organisations in Singapore continued to show their progressive stance on ESG transparency with 97% agreeing that robust financial reporting is good for business, beating the global average of 84%, according to Workiva.

All respondents are also optimistic about the impact of integrated reporting on their long-term value creation. Workiva said this signals Singapore is increasingly recognising the value of assured integrated reporting in boosting financial performance and ESG practices. “This data suggests practitioners expect regulation to increase the complexity of sustainability reporting and that reporting processes must mature to satisfy new regulatory requirements,” the report read.

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