STATUTORY boards in Singapore will be required to publish annual sustainability disclosures for financial years that begin Apr 1, 2024 onwards, Deputy Prime Minister Heng Swee Keat announced on Thursday (Nov 23).

The government will also publish an annual report from fiscal 2023 that tracks the public sector’s efforts, progress and plans in rolling out its sustainability initiatives. FY2023 for the government ends on Mar 31, 2024.

It is important for the country to measure and disclose its progress on sustainability, said DPM Heng, who was speaking at the National University of Singapore for the launch of a study on sustainability reports.