Singapore | Leading financial centre in Asia | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.

Singapore Exchange Launches New Roadmap for Climate & Board Disclosures 

17th December 2021 | Singapore

Singapore Exchange (SGX) has launched a new roadmap for climate and board diversity disclosures.  Based on recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), all issuers must provide climate reporting on a ‘comply or explain’ basis in their sustainability reports from the financial year (FY) commencing 2022.  From FY 2023, climate reporting will subsequently be mandatory for issuers in the (i) financial, (ii) agriculture, food and forest products, and (iii) energy industries.  From FY 2024, mandatory reporting will also apply to (iv) materials and buildings, and (v) transportation.  For board diversity, issuers are to set a board diversity policy that addresses gender, skill and experience and must also describe the board diversity policy and details such as diversity targets, plans, timelines and progress in their annual reports.  The changes will be effective from 1st January 2022.

” Singapore Exchange Launches New Roadmap for Climate & Board Disclosures “


Ads & Announcements

Climate & Board Disclosures Effective 1 January 2022

Clean Energy | Solar Panels
  • issuers to subject sustainability reporting processes to internal review
  • all directors to undergo a one-time training on sustainability
  • sustainability reports to be issued together with annual reports unless issuers have conducted external assurance; and
  • issuers to set a board diversity policy that addresses gender, skill and experience, and other relevant aspects of diversity. Issuers must also describe the board diversity policy and details such as diversity targets, plans, timelines and progress in their annual reports.
  • These requirements follow a public consultation on both sustainability reporting and board diversity disclosures which received broad support.


Tan Boon Gin, CEO of SGX RegCo:
CEO SGX RegCo, Tan Boon Gin

“The market recognises that climate reporting is important as a first step towards efforts to mitigate the effects of climate change. Decision-makers also want climate information when they allocate assets, extend financing, and price risks. These factors make climate reporting most urgent for industries with the biggest impact.

We are also mandating specific disclosures around board diversity. Recent uncertainties have posed financial and governance challenges for boards. Having a broad set of perspectives will better enable companies to anticipate and face these challenges. It is therefore crucial that boards are diverse and have the necessary skill and experience to deal with the complexities of today’s operating environment”



A separate public consultation on 27 proposed core ESG metrics and a portal for issuers to input ESG data also received strong market support. Though not mandated, the metrics will be a starting point for what companies can disclose in their sustainability reports. Issuers should still conduct a materiality assessment to ensure the relevance and completeness of their reported metrics.  Respondents noted that an ESG data portal will not only make information more accessible and comparable but will also save costs, make data more transparent, and simplify decision-making for investors.  SGX expects the portal to house ESG information beyond the core ESG metrics. Information recorded in the portal may include material ESG factors, commentaries and explanations for reported metrics, and discussions on strategies, processes, board statements and targets relating to ESG matters.

SGX’s responses to the feedback received on the two public consultations can be found here.



2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM

Register Below
Latest 2022 data & reports, insights & news
Every Saturday & Sunday 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

For Investors | Professionals | Executives

New to Caproasia?
Join 10,000 +
Learn More | Sign Up Today

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Subscribe / Sign Up / Contact Us

    AdvisorInvestment ManagerManagementEntrepreneurService Provider

    $10 Monthly$80 Yearly

    Mailing ListFree TrialInvestor $680 YearlyProfessional $680 YearlyExecutive $2,000 Yearly

    Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights

    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014

    Web links may be disabled on mobile for security.
    Please click on desktop.

    Previous articleChina Fortune Land Unable to Locate Overseas Fund Manager, $313 Million at Risk
    Next articleSingapore Central Bank MAS to Introduce Due Diligence for Corporate Finance Advisers for IPO & M&A Activities covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia