Mandatory ESG disclosures transform corporate governance practices
Is your organisation prepared for the new ESG era? With countries transiting to mandatory disclosures under the International Sustainability Standards Board (ISSB)’s global standards: IFRS S1 & S2, businesses are now reevaluating their approach to ESG and will need to consider how this fundamental shift directly impacts leadership accountability, internal systems and investor engagement.
Our Partner in Technology, Digital & Sustainability Consulting, Lai Kee Yin, shares his insights with ESG Business through a video interview, citing findings in our recent APAC C-Suite barometer 2025 and touching base on the push towards mandatory reporting, noting that this governance is centered on three key areas: people, policy and systems.
As reflected in our APAC C-Suite barometer report, he shared that organisations’ readiness for ESG reporting requirements has declined, denoting a 29% drop where 44% of APAC companies planned to publish sustainability reports in 2025 compared to the 73% in 2024. This reality illustrates that more has to be done to overcome barriers to ESG implementations.
On the note of people, Kee Yin said, "It is almost structured and explicit that we get the right people into the right conversations to make sure that we discuss ESG at a strategic and operational level, instead of just taking off the compliance checklist."
"The mandatory changes now emphasise a lot on how governing bodies need to manage sustainability, risk and opportunities strategically," he elaborated policy-wise.
With technology playing a crucial role in the equation, he concluded, "What essentially we need to gel all together is really having a robust technology platform to make sure we are able to sustain the evolution."
Read the full article on ESG Business.
Our expert