27 Jun '11, 1pm

SGX launches sustainability reporting guide

SGX launches sustainability reporting guide

The Singapore Exchange (SGX) has released a how-to guide so firms can prepare 'sustainability reports' that show how they are reducing carbon emissions or improving labour relations. -- ST PHOTO: CHEW SENG KIM THE Singapore Exchange (SGX) has released a how-to guide so firms can prepare 'sustainability reports' that show how they are reducing carbon emissions or improving labour relations. The SGX believes an increased emphasis on a firm's impact on the environment and society will help the community and give the companies a leg-up for long-term growth. It wants all listed companies to release such reports but is not making it compulsory. Firms including Olam International, Wilmar International, City Developments, Hyflux, Sembcorp Industries and Keppel Corp, already produce such reports. The SGX is encouraging firms in industries that significantly impact the environment a...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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