๐Ÿ‡ธ๐Ÿ‡ฌJurisdiction Guide

Singapore suppliers: SGX climate reporting, MAS guidelines, PDPA, and the Green Plan 2030.

Singapore is rapidly advancing its sustainability and cyber reporting requirements. SGX-listed companies must now disclose climate-related information, and the Monetary Authority of Singapore (MAS) has issued guidelines for financial institutions. Singapore's PDPA imposes a strict 3-calendar-day mandatory data breach notification obligation. Singapore suppliers to EU and US buyers face additional obligations.

Key regulations in Singapore

SGX Climate Reporting

In Force
Mandatory climate reporting for SGX-listed companies: large-cap from FY2023, mid-cap from FY2024, small-cap from FY2025. All SGX-listed companies must report from FY2025. Aligned with ISSB IFRS S2.

Singapore Exchange (SGX) requires all listed companies to report climate-related disclosures in line with TCFD recommendations. This includes Scope 1, 2, and 3 emissions, climate risks, and transition plans. Listed companies will increasingly request supply chain data from their Singapore-based suppliers.

MAS โ€” Monetary Authority of Singapore Guidelines

In Force
MAS Guidelines on Environmental Risk Management issued 2021.

MAS has issued guidelines requiring banks, insurers, and asset managers to manage environmental risks. Financial institutions are expected to conduct due diligence on their clients and counterparties, which may include requesting ESG data from Singapore businesses.

Singapore Green Plan 2030

In Force
Launched February 2021. Targets through 2030.

Singapore's whole-of-nation sustainability roadmap sets targets for green buildings, clean energy, sustainable living, and green economy. Government procurement increasingly favours suppliers with demonstrated sustainability credentials.

PDPA โ€” Personal Data Protection Act (Mandatory Data Breach Notification)

In Force
Mandatory breach notification in force since 1 February 2020 (Amendment Act 2020).

Singapore's PDPA requires organisations to notify the Personal Data Protection Commission (PDPC) and affected individuals within 3 calendar days of assessing that a notifiable data breach has occurred. A breach is notifiable if it involves personal data of 500 or more individuals, or is likely to result in significant harm to affected individuals. Organisations must also have in place a data breach response plan. Non-compliance can result in financial penalties of up to SGD 1 million (or 10% of annual Singapore turnover for larger organisations under the 2020 amendments).

CSA โ€” Cybersecurity Act 2018 (Critical Information Infrastructure)

In Force
In force since 31 August 2018. Amendments in 2024 extended obligations to more sectors.

The Cybersecurity Agency of Singapore (CSA) requires owners of Critical Information Infrastructure (CII) โ€” covering 11 sectors including energy, water, banking, healthcare, and transport โ€” to report prescribed cybersecurity incidents to CSA within 2 hours of discovery. Suppliers to CII owners may be required to meet cybersecurity standards as part of supply chain security obligations. The 2024 Cybersecurity (Amendment) Act extended obligations to major IT service providers and entities of special cybersecurity interest.

What this means for you as a supplier

Singapore suppliers face compliance obligations on multiple fronts: SGX climate reporting requirements from listed customers, MAS ESG guidelines from financial institution clients, PDPA's 3-day data breach notification obligation, and CSA cybersecurity requirements if supplying to critical infrastructure sectors. Organisations operating across Singapore and the EU must manage both the PDPA 3-day window and GDPR's 72-hour window simultaneously โ€” the shorter PDPA deadline governs.

Key dates

August 2018

Cybersecurity Act in force โ€” 2-hour CII incident reporting obligation

February 2020

PDPA mandatory data breach notification in force โ€” 3-day reporting window to PDPC

FY 2023

SGX mandatory climate reporting for large-cap listed companies

2024

Cybersecurity (Amendment) Act โ€” extended obligations to major IT service providers

FY 2025

SGX mandatory climate reporting for all listed companies

2025

EU CSRD Phase 1 โ€” Singapore suppliers to EU buyers start receiving data requests

2026

EU CSRD Phase 2 โ€” significantly more EU buyers requesting Singapore supplier data

2030

Singapore Green Plan 2030 targets

Last reviewed: April 2026. This guide is for general information only and does not constitute legal advice. Regulations change โ€” verify current requirements with a qualified adviser.

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