Singapore is no longer waiting. Starting in FY2025, Singapore’s New ESG Mandates make climate reporting compulsory for all listed companies. Moreover, the rules are expanding rapidly. Whether you run a listed corporation, a large private company, or an SME looking to stay ahead, here’s exactly what the new ESG mandates mean for you.
For years, ESG reporting in Singapore was largely voluntary. That era is over. Regulators, investors, and global supply chains now demand transparency on how companies impact the climate. As a result, Singapore has responded with one of the most structured mandatory reporting frameworks in Southeast Asia.
The new rules rest on two major pillars. First, mandatory climate reporting aligned with international standards. Second, a government-backed digital platform that simplifies ESG data collection for businesses of all sizes.
If your company operates in Singapore — or sells to companies that do — this affects you directly.
Singapore’s mandatory climate disclosure rules align with the International Sustainability Standards Board (ISSB) framework — the global benchmark for climate-related financial disclosures. Consequently, Singapore-listed companies now meet the same standards that international investors expect worldwide.
The rollout follows a phased approach across three categories:
Scope 3 is typically the largest share of a company’s total carbon footprint — and the most challenging to measure. Therefore, companies should start mapping their supply chain emissions now, well before the 2026 deadline.
Your climate reports must address four core areas:
This goes far beyond publishing a single emissions number. In fact, it requires companies to embed climate thinking into their core governance and financial strategy — a meaningful organizational shift, not just a reporting exercise.
Need help structuring your reports? Our ESG & Sustainability Reporting team works with companies at every stage of this journey.
Data collection is one of the biggest hurdles for companies — especially smaller ones. Recognizing this, Singapore has invested in digital infrastructure to make ESG reporting more accessible.
In March 2025, the Monetary Authority of Singapore (MAS) officially launched ESGpedia as the Project Greenprint ESG Registry. This centralized, government-backed platform lets companies store, manage, and share verified ESG data.
Think of ESGpedia as a trusted digital hub. Just as companies file financial statements with ACRA, they can now maintain a verified ESG record through ESGpedia. As a result, investors, banks, and supply chain partners can access reliable sustainability data without requiring each company to start from scratch.
Alongside ESGpedia, MAS announced Project Savannah — a targeted initiative designed specifically to help small and medium enterprises (SMEs) generate ESG data credentials and simplify the reporting process.
Many SMEs already face requests from corporate clients or lenders to provide ESG data. However, they often lack the tools or expertise to do so efficiently. Project Savannah closes that gap by providing structured frameworks and digital tools tailored to the SME context.
For SMEs in Singapore, this is both a compliance signal and a business opportunity. Getting ESG-ready now positions you as a credible, future-proof supplier and partner. Learn more about how we support ESG consulting in Singapore across all business sizes.
Both ESGpedia and the mandatory reporting rules sit within Singapore’s broader Green Plan 2030 — a whole-of-nation sustainability agenda targeting net-zero emissions, cleaner energy, and a green economy. Furthermore, mandatory ESG reporting is one of its most concrete enforcement mechanisms. It ensures that Singapore’s climate ambitions are reflected in how every major company measures and manages its environmental impact.
This is consistent with global trends. The EU’s CSRD, the SEC’s climate disclosure rules, and the UK’s TCFD requirements all point in the same direction: transparency on climate risk is now a baseline expectation for any serious business.
Under Singapore’s New ESG Mandates, whether you’re a listed company already subject to FY2025 requirements or a non-listed company planning for FY2030, the time to act is now. Here’s where to start:
It’s tempting to view mandatory ESG reporting as a compliance burden. But forward-thinking companies see it differently — as a competitive edge.
Strong ESG performance increasingly leads to real business benefits. For example, companies gain access to sustainable finance at better rates. They also earn stronger ESG ratings that influence investor decisions. Additionally, multinationals prioritize suppliers that meet their own supply chain ESG requirements. Finally, businesses reduce their long-term exposure to carbon pricing and regulatory risk.
Getting your ESG reporting right isn’t just about avoiding penalties. Instead, it’s about building a more resilient, trusted, and valuable business.
Singapore’s New ESG Mandates represent a fundamental shift in how businesses must operate and communicate. The ISSB-aligned climate reporting requirements, backed by digital infrastructure like ESGpedia and Project Savannah, create both clear obligations and real opportunities.
The companies that move early, building robust data systems, embedding climate thinking into governance, and engaging their supply chains, will be best positioned for the decade ahead.
The deadline for FY2025 reporting is already here. Therefore, now is the time to act. Reach out to our ESG consulting team to get started today.
