Written Reply to Parliamentary Question on Accuracy of Greenhouse Gas Emissions Disclosures by Listed Companies

Singapore's Deputy Prime Minister and MAS Chairman confirmed that listed companies must maintain robust data governance, internal controls, and appropriate board oversight over all GHG disclosures, with SGX RegCo mandating use of the GHG Protocol and internal sustainability reporting reviews. Scope 1 reporting rates have risen from 50% to 87% since 2023, signalling that regulators are tightening board-level accountability for ESG data quality well ahead of mandatory external assurance in FY2029. For SEA mid-market boards, this signals that climate disclosure is now a board governance and execution issue, not just a sustainability team task.