On Sep. 22, SGX made amendments regarding sustainability reporting.
SGX issued Sustainability reporting: enhancing consistency and comparability, which contains marked-up amendments to Mainboard rules, re sustainability reporting.
Issued document with same title - Sustainability reporting: enhancing consistency and comparability (second set of amendments) - that contains revisions to Catalist rules.
The second document above makes similar/same amendments re same types of areas.
The first document above amends part III equity securities - periodic reports.
Includes deletion of a reference to Task Force on Climate-related Financial Disclosures.
Revisions regarding what sustainability report must describe; includes amendments to Practice note 7.6 sustainability reporting guide i.e. regarding policy statement on sustainability reporting; removes paragraph titled global standards and comparability.
Includes other revisions with respect to climate-related disclosures; materiality; sustainability reporting framework; form and frequency of sustainability report.
Plus, regarding implementation of sustainability reporting, climate-related disclosures.
Effectiveness
Both documents provide for staggered commencement - Jan. 1, 2025, Jan. 1, 2026.
