KPMG-REITAS Webinar: Introduction to ISSB
The landscape of sustainability-related standards and regulations is evolving swiftly, necessitating REIT managers to stay well-informed and adept in their readiness efforts. Sincere thanks to Chan Yen San and her team at KPMG Singapore for their timely update to our REIT audience yesterday regarding the latest developments in this area. Chan Yen San explained the key points of IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) and IFRS S2 (Climate-related Disclosures), which were issued in June 2023 by the International Sustainability Standards Board (ISSB) and how REIT managers can bridge the gap between TCFD/GRI and ISSB. She also highlighted the recommendations of the Sustainability Reporting Advisory Committee (SRAC) on the roadmap for climate-related disclosures for Singapore companies.