ACRA seeks feedback on sustainability disclosure rules
Draft rules will keep wider sustainability reporting voluntary.
The Accounting and Corporate Regulatory Authority (ACRA)’s Interim Sustainability Standards Committee launched a public consultation on the draft Singapore Sustainability Disclosure Standards from 27 July to 25 October 2026.
Under the proposed standards, Singapore companies will be required to disclose climate-related financial information whilst broader sustainability reporting beyond climate remains voluntary, under draft standards released for public consultation.
The proposed Singapore Sustainability Disclosure Standards are built on global frameworks set by the International Sustainability Standards Board and comprise two components. The first, covering climate-related disclosures, will be mandatory. The second, covering wider sustainability topics beyond climate, will be voluntary, a deliberate sequencing given Singapore’s climate-first approach, ACRA said.
Companies will be given transition relief, meaning phased timelines before full compliance is required rather than an immediate cutover.
Alongside the standards, ACRA is also launching a Sustainability Assurance Body of Knowledge to build capability in verifying climate disclosures, addressing what it described as a growing need for credible sustainability information. Training courses aligned with the framework are subsidised by up to 90% under the SkillsFuture Green Workplace Programme.
A government grant is also available to help companies prepare their first climate report ahead of their compliance deadline. The grant currently supports reports aligned with the global ISSB standards and will be reviewed to incorporate the Singapore-specific standards once finalised.
The public can access the consultation paper on the REACH consultation portal and the ACRA website. Interested parties may submit their feedback through FormSG by 25 October 2026.
