OUR COMMITMENT TO SUSTAINABILITY & ESG

As a leading law firm, we at Allen & Gledhill recognise that we have the resources and the talent to create a positive impact on the society and community which we live in, work in, and are accountable to.

We are committed to doing business responsibly. Towards that end, we were the first law firm in South-east Asia to be admitted as a signatory to the United Nations Global Compact in 2021, and we strive to uphold the Ten Principles of the global compact.

It is important that everyone in our Firm participates in our Sustainability & ESG efforts, guided by a strategy and roadmap developed through external consultants and supported by our leaders at Allen & Gledhill. We have identified six material topics, namely, Human Capital & Wellbeing, Enabling Clients’ Sustainability, Community Engagement & Pro Bono, Thought Leadership & Innovation, Ethics & Anti-Corruption and Climate Change, and we recognise that they are central to our growth as a responsible and progressive organisation.

To find out more about our CSR programme, please click here.

FIRST SINGAPORE LAW FIRM TO BECOME A SIGNATORY MEMBER OF THE UNGC

As a signatory member of the United Nations Global Compact (UNGC), we align strategies, culture and day-to-day operations of our Firm with globally recognised frameworks such as the UNGC’s Ten Principles on human rights, labour, environment and anti-corruption, and engage in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals (SDGs).

As part of our commitment to the UNGC, we submit an annual Communication on Progress (COP) that describes our Firm’s efforts in support of the Ten Principles and the broader SDGs.

REDUCING OUR CARBON FOOTPRINT

We strive to be an excellent global citizen and recognise our responsibility to address environmental issues that would have adverse long-term effects on the earth’s ecosystems and the future of our communities. We have commissioned an international consultancy to undertake a rigorous and comprehensive assessment of our Firm’s carbon footprint and impact on greenhouse gas emissions, and map out our own sustainability roadmap ahead.

USEFUL RESOURCES

As part of our learning and sharing culture, we are pleased to share with you a collection of resources that have been specially curated by our Partners on the topic of ESG & Public Policy. These resources are targeted at helping you navigate the legal landscape of ESG, and how to pivot your company so that it may address any ESG related opportunities in its operations

The topic covered were selected by our ESG Partners based on current trends, frequently asked questions about ESG and feedback from clients and range from understanding impact investing through green financing programmes, regulatory issues on climate change, implementing in-house ESG programmes, to sustainable construction and green buildings.

If you wish to be on our mailing list to receive updates and/or event invitations from us, please sign up here. Should you have any feedback, please contact us at events@allenandgledhill.com.

ARTICLES

No. Titles
1 MAS releases fourth GFIT taxonomy consultation paper: Coal phase-out criteria under Singapore-Asia Taxonomy
2 Online Criminal Harms Bill passed to enable authorities to deal more effectively with criminal online activities
3 Bill introduced to mandate compliance with Code of Conduct for Leasing of Retail Premises for qualifying retail premises in Singapore
4 ACRA, SGX RegCo consult on Sustainability Reporting Advisory Committee recommendations: Mandatory climate reporting for listed and large non-listed companies
5 Q1 2023 Review: Key ESG and public policy developments in Singapore
6 FTAs in time of economic uncertainty: A quick guide on utilising Singapore's FTAs for business opportunities
7 Environmental Public Health (Amendment) Bill passed to implement Progressive Wage Model for waste management sector and revise cleaning business licensing framework
8 Green Finance Industry Taskforce launches third consultation on green and transition taxonomy
9 Legislation to tackle harmful content on online services accessible to users in Singapore in force
10 Korea-Singapore Digital Partnership Agreement enters into force
11 Q4 2022 Review: Key ESG and public policy developments in Singapore
12 COP27: Impact on Singapore and South-east Asia
13 SGX launches initiative to recognise sustainable fixed income
14 Bill to amend Carbon Pricing Act 2018 passed to increase carbon tax rates, introduce industry transition framework and option to use eligible international credits
15 Bill passed to tackle harmful content on online services accessible to users in Singapore
16 Singapore and China agree 19 MOUs and seek to strengthen cooperation in green finance and capital markets
17 Q3 2022 Review: Key ESG and public policy developments in Singapore
18 Singapore and Australia sign green economy agreement to advance trade and environmental sustainability
19 SID Directors Conference 2022: Navigating greenwashing in ESG
20 Bill introduced to tackle harmful content on online services accessible to users in Singapore
21 Bill introduced to amend Carbon Pricing Act 2018: Increase in carbon tax, industry transition framework and option to use eligible international carbon credits
22 Code of practice on chief executives’ and board of directors’ WSH duties launched, to be gazetted by October 2022
23 Q2 2022 Review: Key ESG and public policy developments in Singapore
24 MAS issues circular on disclosure and reporting guidelines for retail ESG funds effective from 2023
25 Singapore and Malaysia to deepen cooperation in digital economy and green economy
26 MTI seeks feedback on proposed legislation to mandate compliance with Code of Conduct for Leasing of Retail Premises in Singapore
27 MSE consults on proposed increase in carbon tax and option to use eligible international carbon credits in draft Carbon Pricing (Amendment) Bill
28 New sentencing framework for employers under the Workplace Safety and Health Act 2006
29 ACRA and SGX RegCo establish committee to advise on sustainability reporting roadmap for Singapore-incorporated companies
30 Singapore’s Green Plan: Overview of support measures and grants for sustainable developments
31 Singapore Green Bond Framework introduced for issuance of sovereign green bonds
32 Green Finance Industry Taskforce consults on second version of green and transition taxonomy
33 Q1 2022 Review: Key ESG and public policy developments in Singapore
34 The Corporate Governance Review (12 Ed, 2022)
35 Practical Law: Employment Litigation and Timelines
36 MOM announces upcoming changes to Employment Pass eligibility
37 Budget 2022: Key highlights
38 Energy (Resilience Measures and Miscellaneous Amendments) Act 2021 partially in force from 29 January 2022
39 The Energy Mergers & Acquisition Review (3 Ed, 2021)
40 2021 in Review
41 SGX mandates climate and board diversity disclosures
42 COP26: Commitments from Singapore and the region
43 Energy (Resilience Measures and Miscellaneous Amendments) Bill passed, MTI and EMA issue response to feedback on draft Bill
44 MAS issues revised corporate governance guidelines for designated financial holding companies, banks, direct insurers, reinsurers and captive insurers
45 EMA launches new Singapore Standard for Renewable Energy Certificates, explores geothermal energy
46 The journey to low carbon transition: An introduction to carbon pricing
47 MAS consults on proposed digital platform for FIs to share information to counter money laundering, terrorism financing and proliferation financing
48 Singapore Institute of Directors Conference 2021: The Dawn and Permanence of ESG - Why It Matters
49 A Greater Impact: A Guide to ESG in Singapore
50 Key Insights On Initiatives and Developments Following National Day Rally Speech 2021
51 Transition to Low-carbon Electricity Generation Sources: Consultation on Energy (Resilience Measures and Miscellaneous Amendments) Bill
52 SGX Consults on Mandatory Climate and Board Diversity Disclosures
53 Green Finance Industry Taskforce launches guide for climate-related disclosures and framework for green trade finance
54 Emerging Stronger Taskforce Publishes Recommendations for a Virtually Unlimited and Sustainable Singapore in a Post-Covid-19 Economic Environment
55 Q1 2021 Review - Five Key ESG and Public Policy Developments in Singapore
56 SGX RegCo Expands Enforcement Powers and Mandates Issuers to Have Whistleblowing Policy
57 MAS Proposes to Refine Tier Structure Requirements and Introduce New Remuneration Requirements for Financial Advisory Industry
58 MAS Releases Inaugural Sustainability Report to Chart Strategy on Climate Resilience and Environmental Sustainability
59 MAS consults on proposed AML/CFT notices for cross-border business arrangements of capital markets intermediaries under proposed exemption frameworks
60 MAS consults on revisions to corporate governance guidelines for designated financial holding companies, banks, direct insurers, reinsurers and captive insurers
61 MAS revises Technology Risk Management Guidelines to combat heightened cyber risks
62 Singapore-Indonesia Bilateral Investment Treaty enters into force
63 Budget 2021: Key highlights
64 Q4 2020 Review: Five key public policy developments in Singapore
65 Digital Economy Partnership Agreement in force for Singapore and New Zealand from 7 January 2021
66 Vietnam’s new Law on Environmental Protection partially in force from 1 February 2021
67 The Corporate Governance Review (11 Ed, 2021)
68 The International Comparative Legal Guide to Anti-Money Laundering 2020: Singapore chapter
69 Practical Law Employment and Employee Benefits Global Guide – Employment and employee benefits in Singapore
70 Practical Law Regulation of State and Supplementary Pension Schemes in Singapore
71 Practical Law Energy and Natural Resources Global Guide: Oil and Gas Regulation in Singapore – Overview
72 Global Legal Insights to Bribery & Corruption 2020