New grant helping companies with climate reporting to launch in Nov 2024

Quick Summary:

Listed companies must submit climate-related disclosures from FY2025, and large non-listed companies by FY2027.

In a bid to encourage more companies to adopt sustainable solutions, EnterpriseSG also extended the higher grant support level of 70 per cent for the Enterprise Development Grant-Sustainability to March 31, 2026.

He noted SMEs that prioritise sustainability reporting can also enjoy a “competitive advantage”, such as being enabled to secure contracts or sustaining business relationships.

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Category: EconomyBusiness

Markets: Singapore

Topics: Enterprises Singapore Enterprisesg Cent Reporting Climate-related Companies Sustainability First Smes Apply

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 21:58:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 822 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 23156102

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