MAS and Singapore Exchange Launch Sustainability Data Portal

The joint initiative aims to make ESG data consistent and comparable for investors while facilitating reporting for listed companies.

• The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) have started ESGenome, a digital disclosure portal aimed at helping companies report ESG data.

• The platform is a SaaS product provided for SGX-listed companies at no cost aiming to streamline data collection, tracking and reporting. Listed companies will be able to take advantage of a simplified disclosure process with a core set of metrics mapped against global standards and frameworks. These include a baseline of 27 core SGX ESG metrics although companies can also choose to make additional disclosures that are in line with globally recognized standards and frameworks based on an additional 3,000 metrics.

Source: https://www.finews.asia/finance/37642-mas-and-singapore-exchange-launch-sustainability-data-portal