ESG Metrics and ESG Portal

Background On 15 December 2021, SGX RegCo published a recommended list of 27 core ESG metrics (“Core ESG Metrics”) for the purpose to align investor requirements and provision of ESG data by issuers. Though not mandated, the Core ESG Metrics is encouraged and it will be a starting point for what issuers can disclose in their sustainability reports. Issuers should still conduct a materiality assessment to ensure the relevance and completeness of their reported metrics. In addition, SGX RegCo informs that it will develop a digital portal for issuers to input their ESG data to streamline its sustainability reporting process and targets its roll-out by the first half of 2022.

1. Core ESG Metrics Please refer to Table 1 below for the list of 27 Core ESG Metrics. Please note that this list is not exhaustive and it will be reviewed and revised periodically via SGX website. Each metric has a description, defined standardised units and is mapped against globally-accepted sustainability reporting frameworks - the Global Reporting Initiative (“GRI”), the Sustainability Accounting Standards Board (“SASB”), the TCFD Recommendations, and the World Economic Forum’s (“WEF”) recommended set of metrics and disclosures.