About the Report:

The study - produced by the Singapore Exchange (SGX) and Centre for Centre for Governance, Institutions and Organisations (CGIO) at the National University of Singapore (NUS) Business School - highlighted the progress of sustainability reporting practices among Singapore-listed companies and discussed opportunities for achieving higher reporting quality.

Examples of key findings include:

• Sustainability reporting is growing more sophisticated year on year, with companies improving on their sustainability disclosures since SGX’s listing requirements on sustainability reporting
• Certain industries taking the lead: The real estate, health care and communication services sectors produced the best-quality reports
• Climate action: 6.5% of Singapore companies or 32 companies, acknowledged climate change as a material factor
• Tone from the top: Only 8% of companies linked sustainability performance with executive remuneration