Friday, 3 May, 2024
Spearheaded by the Advisory Committee on Sustainability Reporting (ACSR), the proposed National Sustainability Reporting Framework (NSRF) is set to improve the availability of reliable, comparable and decision-useful information on companies’ material sustainability risks and opportunities.
Following a thorough review of the consultation paper on NSRF, MSWG believes a 12-month lead time for implementation guidelines and regulatory requirement amendments is reasonable. Further, we endorse ACSR’s initiative to mandate large non-listed companies to adopt the NSRF and obtain external assurance for sustainability disclosures.
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