Capital Markets, Listed Entities & M&A

Sustainability Reporting by Issuers During COVID-19: What SGX RegCo Expects

The COVID-19 pandemic has posed extraordinary challenges to businesses and many companies have had to rapidly respond and manage disruptions to business operations. As we transit into the next phase of COVID-19, where businesses gradually resume and borders re-open, keeping investors and stakeholders updated remains essential, and reporting on social factors is particularly vital during this period.

In this regard, the Singapore Exchange Regulation ("SGX RegCo") recently issued a statement on the Regulator's Column on 6 July 2020, setting out its expectations on sustainability reporting by issuers listed on SGX-ST Mainboard and Catalist ("listed issuers").

This Update highlights key points listed issuers should note in approaching sustainability reporting in this new business climate with reference to the expectations set out by SGX RegCo, such as keeping investors and stakeholders updated and the emphasis on the social aspect of sustainability reporting during this period.