Overview
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.
Singapore Plans to Establish Corporate Climate Disclosure Rules
The Sustainability Reporting Advisory Committee (SRAC) of Singapore plans to establish corporate climate disclosure rules to achieve sustainable transition strategies
Monetary Authority of Singapore Proposes Regulation on ESG Rating Services
Regulation on ESG Rating Services The Monetary Authority of Singapore has released regulation on ESG rating services, which are intended to develop industry codes of
PBoC and MAS Set Up the Green Finance Taskforce
The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBoC) announced the establishment of a green finance working group, which aims to strengthen cooperation between the two countries in green finance and promote Asia’s transition to a low-carbon economy
Monetary Authority of Singapore Releases Net Zero Plan for Financial Industry
MAS Announces Net Zero Plan for Financial Industry The Monetary Authority of Singapore (MAS) announced the launch of the Net Zero plan in the financial
How to Query ESG Bonds Classified by Singapore Exchange
Singapore Exchange believes that when the bonds meet the criteria of green bonds, social bonds, or sustainable bonds, they can be considered as Sustainable Fixed Income. Specifically, both bonds for institutional investors and retail bonds