A broad consensus on what defines “green” is fundamental to driving the green finance agenda. Yet, far from a collective agreement, there exists a disparate number of green standards and interpretations worldwide. According to a 2016 Carrots & Sticks study, there are almost 400 sustainability reporting instruments in 64 countries, some of which are mandatory.
In Singapore, the practice of sustainability reporting is gaining momentum, in part due to the efforts of players such as the Singapore Exchange (SGX). In June 2016, the SGX introduced sustainability reporting on a “comply or explain” basis. While this could open doors for companies to enjoy greater access to finance from banks and investors that prioritise “green”, others question whether the diversity of reporting standards have created more confusion for those who want to come on board the sustainability bandwagon.
In this respect, the SIIA is organizing the 2nd Green Finance Working Group Meeting titled “Harmonising standards and reporting: What’s Now, What’s Next?”. This event is part of the series of green finance discussions under the “Collaborative Initiative for Green Finance in Singapore”.
Event Details
Date: Monday, 21st August 2017
Time: 8:30am – 11am (Registration starts at 8:30am; Event will begin sharply at 9am)
Venue:
Singapore Institute of International Affairs
60A Orchard Road, Level 4M, Tower 1,
The Atrium @Orchard, International Involvement Hub,
Singapore 238890
* Event is by invitation only.
