TCFD / IFRS S2 Climate-related Disclosure â Singapore (MAS Climate Risk + SGX ESG) ðļðŽ
MAS Guidelines on Environmental Risk Management + SGX Sustainability Report Rule 711B · MAS + SGX + NEA + EDB · MAS ERM Banking/Insurance/Asset + SGX ESG comply-or-explain + TCFD 2025
TCFD / IFRS S2 Climate-related Disclosure for Singapore (MAS Climate Risk + SGX ESG) falls under MAS Guidelines on Environmental Risk Management + SGX Sustainability Report Rule 711B â authority MAS + SGX + NEA + EDB · program MAS ERM Banking/Insurance/Asset + SGX ESG comply-or-explain + TCFD 2025.
Partner network: ONEP, Pollution Control Dept, TGO, SET ESG, EFRAG, Verra, Gold Standard, ICVCM and GHG Protocol.
Singapore (MAS Climate Risk + SGX ESG) legal framework: MAS Guidelines on Environmental Risk Management + SGX Sustainability Report Rule 711B â enforced by MAS + SGX + NEA + EDB · program MAS ERM Banking/Insurance/Asset + SGX ESG comply-or-explain + TCFD 2025. MAS ERM mandate for banking/insurance + SGX ESG comply-or-explain + TCFD by 2025.
Workflow: scoping â baseline â impact â public hearing â approval â monitoring â annual report.
TCFD / IFRS S2 Climate-related Disclosure takes 90-180 working days at 485,000-1,485,000 āļāļēāļ.
ESG/CSRD â 95+ SET-listed reports + 12 EU subsidiaries cleared ISAE 3000 limited assurance.
Coverage
How it works
- 1
Map MAS Guidelines on Environmental Risk Management + SGX Sustainability Report Rule 711B
Thresholds + applicability + MAS + SGX + NEA + EDB requirements.
- 2
Baseline + survey
Field data + emission inventory + scope under MAS ERM Banking/Insurance/Asset + SGX ESG comply-or-explain + TCFD 2025.
- 3
Filing + consultation
Submitted via MAS + SGX + NEA + EDB + public hearing.
- 4
Approval + permit
Permit / certificate + conditions + monitoring plan.
- 5
Monitoring + reporting
Annual report + audit + assurance + disclosure.
Frequently asked questions
Which law in Singapore (MAS Climate Risk + SGX ESG)?
MAS Guidelines on Environmental Risk Management + SGX Sustainability Report Rule 711B
Governing body?
MAS + SGX + NEA + EDB
Covered program?
MAS ERM Banking/Insurance/Asset + SGX ESG comply-or-explain + TCFD 2025
Country notes?
MAS ERM mandate for banking/insurance + SGX ESG comply-or-explain + TCFD by 2025.
Timeline?
90-180 working days.
Assurance level?
ISAE 3000 limited (default) or reasonable (CSRD 2028) + ISAE 3410 GHG.
Penalties?
EU CSRD âŽ10M or 5% revenue · LkSG âŽ8M · UK MSA public naming · Thai NEQA 1-5y imprisonment.