Singapore companies lag behind ASEAN counterparts in sustainability reporting regulation

A study by National University of Singapore (NUS) Business School’s Centre for Governance, Institutions and Organisations (CGIO) and ASEAN CSR Network (ACN) revealed that companies see the relevance in sustainability but majority struggle to identify its key impact, risks and opportunities.

Based on indicatiors such as governance, economic, environmental and social, Thailand outperformed with a score of 56.8%, followed by Singapore (48.8%), Indonesia (48.4%) and Malaysia (47.7%). The study also revealed that government-linked companies and state-owned enterprises fared better on their quality of disclosures. 

Click the picture below to access the report.