Singapore ESG

Singapore’s ESG regulatory policies are mainly formulated by the Monetary Authority of Singapore. As a regulator of the financial industry, the Monetary Authority of Singapore has formulated net-zero transition guidelines for the banking, insurance and asset management industries, and launched ESG data platform Gprnt and the world’s first transition taxonomy. In terms of ESG ratings and data product supervision, Singapore has also issued regulatory documents and is gradually turning voluntary regulations into mandatory regulations.

In addition to the Monetary Authority of Singapore, the Singapore Sustainability Reporting Advisory Committee has also established corporate climate disclosure rules based on the disclosure requirements issued by the International Sustainability Standards Board.

As a commodity trading center and green finance center, Singapore’s ESG development is proceeding rapidly.