Lee Weilin

Oct 9, 2024 | lexology.com | Cynthia Goh |Cynthia Wu |Lee Weilin

IntroductionOn 25 September 2024, the Singapore Exchange Regulation ("SGX RegCo") released changes to the sustainability reporting requirements set out under the Listing Rules (Mainboard) and the Listing Rules (Catalist) (collectively, "Listing Rules"). These changes are aimed at enhancing consistency and comparability of sustainability reports.

May 30, 2024 | lexology.com | Lee Weilin

We are pleased to present you our Sustainability Update, which shares insights from our Sustainability Partners and experts across sectors and domains on key environmental, social and governance ("ESG") developments and trends. In this issue, we explore briefly the issues surrounding a particular type of backsheet material, commonly used in solar panels, which has given rise to quality issues and purchasers' potential legal recourses.

Dec 15, 2023 | lexology.com | Lee Weilin |Ng Sey Ming |Cindy Quek |Cynthia Wu

IntroductionThe finalised Code of Conduct for ESG Rating and Data Product Providers ("Code") and an accompanying Checklist for providers to self-attest their compliance to the Code ("Checklist") were published by the Monetary Authority of Singapore ("MAS") on 6 December 2023.

Dec 15, 2023 | lexology.com | Lee Weilin |Kala Anandarajah |Ng Sey Ming |Shemane Chan |Cindy Quek |Cynthia Wu | +2 more

IntroductionThe landscape for attaining net zero by 2050 has been met with challenges, particularly in Asia. Coal-fired power plants ("CFPPs") in Asia account for one-sixth of the global greenhouse gas ("GHG") emissions and needs to be phased out ahead of their usual run-time to avoid exhausting the carbon budget aligned with the Paris Agreement. Climate-friendly transition activities across the economy also face financing hurdles in the face of greenwashing risks and narrowing bankable capacity.

Oct 23, 2023 | lexology.com | Lee Weilin |Kala Anandarajah |Alvin Tan |Vikna Rajah

IntroductionOn 4 October 2023, the Ministry of Sustainability and the Environment ("MSE") and the National Environment Agency ("NEA") shared a set of criteria for international carbon credits ("ICCs") under the ICC Framework.1 The ICC Framework will allow carbon tax-liable companies to use eligible ICCs to offset up to 5% of their taxable emissions commencing 1 January 2024.