Half of finance leaders in Singapore said their company

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  • 22 Apr 2020
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Half of Singapore Finance Leaders Say Their Company Falls Short in Sustainability Reporting: Survey

Half of finance leaders in Singapore said their company falls short in reporting its triple bottom line of people, planet and profit. A new report published by Workday, a financial management and human capital management software firm, showed that while the majority of finance leaders of large companies are producing the reports, slightly over half believe their companies are doing a good job of reporting on aspects of sustainability. Over 300 vice-presidents in audit or compliance, C-suite executives in accounting and directors in financial planning were interviewed for the report last February and March in Australia, New Zealand, Singapore and Hong Kong. All respondents are from companies with 1,500 or more employees. Over 80 per cent of the finance leaders in Singapore surveyed said they produced the sustainability reports, but only 54.5 per cent said their companies did well in reporting environmental and social impact and governance.

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