MPA launches Singapore’s first Maritime Sustainability Reporting Guide
The Maritime and Port Authority of Singapore (MPA), together with its partners – Singapore Exchange Limited (SGX), Global Compact Network Singapore (GCNS), Institute of Singapore Chartered Accountants (ISCA), and sustainability consultants from Ernst & Young LLP, KPMG and PwC Singapore, have launched the first sector-specific Maritime Sustainability Reporting Guide today at an event witnessed by around 150 guests.
The Guide provides a practical framework, including best practices for creating a maritime sustainability report, for both listed and non-listed maritime companies. The need for the Guide was spurred by industry feedback on the growing need for sustainability reporting guidelines, given that sustainability development practices bring various benefits to businesses. The Guide also features MPA’s own sustainability reporting journey as a case study, including its internal sustainability initiatives through the years.