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Singapore Extends Climate Reporting Deadlines to Support Companies

Story Highlights
  • SGX RegCo extends climate reporting timelines to aid companies’ reporting capabilities.
  • Updated requirements help firms balance compliance costs and align with net-zero goals.
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Singapore Extends Climate Reporting Deadlines to Support Companies

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Singapore Exchange ( (SG:S68) ) has issued an announcement.

The Singapore Exchange Regulation (SGX RegCo) and the Accounting and Corporate Regulatory Authority have extended the timelines for climate reporting requirements to aid listed and large non-listed companies in enhancing their reporting capabilities. This extension considers the global economic uncertainties and varying readiness levels among companies, allowing smaller firms more time to develop data processes and learn from larger entities. The updated requirements aim to help companies balance compliance costs with long-term climate reporting capabilities, aligning with Singapore’s net-zero target by 2050.

The most recent analyst rating on (SG:S68) stock is a Buy with a S$18.50 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.

More about Singapore Exchange

YTD Price Performance: 31.36%

Average Trading Volume: 2,459,486

Technical Sentiment Signal: Buy

Current Market Cap: S$17.69B

See more insights into S68 stock on TipRanks’ Stock Analysis page.

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