SGX, MAS launch web tool that auto-generates sustainability reports

The Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) have launched ESGenome — a digital disclosure portal that helps listed companies generate sustainability reports.

From Sept 12, companies can use the portal for baseline sustainability reporting based on a set of 27 SGX core environmental, social and corporate governance (ESG) metrics.

SGX arrived at the 27 core metrics last December after reviewing the most common data points in companies’ sustainability reports — a compulsory annual document for liscos since 2016.

On the free-to-use ESGenome, companies input data for each ESG metric just once. The platform will automatically map the data across globally recognised ESG reporting standards and frameworks, such as the Global Reporting Initiative (GRI), Task Force on Climate-Related Financial Disclosures (TCFD) and more.

Companies can also make additional disclosures across more than 3,000 ESG metrics, depending on materiality and their business needs.

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