Exploring Sustainability Reporting Trends in Southeast Asia
Sustainability reporting is a vital tool for businesses and nations to track their environmental, social, and governance (ESG) performance. In Southeast Asia, we see remarkable variations in sustainability reporting practices among countries. Let's dive into some key trends:
Singapore: A regional leader in sustainability reporting, with 74% of listed companies disclosing ESG data. Source: Singapore Exchange
Malaysia: Emphasizing ESG, Malaysia boasts an 88% increase in sustainability reporting from 2019 to 2021. Source: Bursa Malaysia
Thailand: Increasingly proactive, with 60% of companies reporting on ESG metrics, fostering responsible business practices. Source: Thailand Sustainable Investment Guide
Indonesia: Progress is evident, with the number of companies reporting on sustainability growing by 150% in the past five years. Source: Indonesia Global Compact Network
Philippines: Encouragingly, over 300 Philippine companies have integrated sustainability into their operations, as per the Philippine Business for the Environment. Source: PBEd
Vietnam: A rising star, 71% of Vietnamese businesses are incorporating sustainability into their corporate strategy. Source: Vietnam Business Council for Sustainable Development
It's clear that Southeast Asian countries are making significant strides in sustainability reporting, contributing to a more sustainable future. Whether you're an investor, a business leader, or an advocate for positive change, staying informed about these trends is essential. Let's continue to support and drive progress towards a more sustainable and responsible business environment.
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