SBF Seeks More Time for Smaller Listed Companies to Comply with New Climate-Related Disclosure Rules
Summary by The Straits Times
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Singapore Business Federation Urges Delay in Climate Disclosure Deadline
The Singapore Business Federation (SBF) has called for a delay in the implementation of mandatory climate-related disclosure requirements for smaller companies, citing a lack of preparedness among businesses. The SBF, which represents over 32,000 companies, has asked regulators to push back the deadline by one to two years, arguing that this would give businesses more time to prepare. Source
SBF proposes 1-2 year extension of compliance deadline for SGX-listcos’ climate-related disclosures
The Singapore Business Federation (SBF) has proposed extending the deadline for small- and mid-sized companies listed on the Singapore Exchange to comply with the latest sustainability disclosure requirements by one to two years.
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