Latest news with #Climate-RelatedFinancialDisclosures
Business Wire
28-07-2025
- Business
- Business Wire
American Water Releases Annual Sustainability Report
BUSINESS WIRE)-- American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has issued its ninth Sustainability Report covering its industry leadership and sustainable impact on communities across the U.S. 'The Sustainability Report demonstrates American Water's ongoing commitment to providing safe, clean, reliable, and affordable water and wastewater services across the U.S.,' said Cheryl Norton, EVP and Chief Operating Officer, American Water. 'Our 2024 progress shows that customers, employees, investors and other stakeholders benefit through our dedication to sustainable operations.' American Water prepared the Sustainability Report by applying standards from the Global Reporting Initiative, Sustainability Accounting Standards Board, the Task Force on Climate-Related Financial Disclosures, and includes applicable metrics from the Edison Electric Institute and American Gas Association Sustainability reporting template. The report also takes into consideration the United Nations Sustainable Development Goals and aligns with the company's responses to the CDP Questionnaire. Visit to learn more and view the Sustainability Report. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. AWK-IR
Yahoo
11-03-2025
- Business
- Yahoo
Singapore firms need better climate reporting as new rules loom
(Bloomberg) – Singapore's listed companies need to improve climate disclosures as regulators are set to impose new standards starting this year, a new study has found. Fewer than a third of issuers provided all 11 disclosures recommended by the Task Force on Climate-Related Financial Disclosures, according to the study from Singapore Exchange Regulation and the National University of Singapore released Tuesday. It reviewed the latest sustainability reports published through July from 529 companies. One of the biggest holes was around disclosing greenhouse gas releases from clients or suppliers, with only 29% of the firms reporting these so-called Scope 3 emissions, according to the study. 'It's a critical weak link,' Lawrence Loh, director at the university's Centre for Governance and Sustainability said in a briefing, adding that Singapore-listed suppliers will also need the data to adhere to European Union regulations. To better align with global standards, Singapore Exchange's regulatory arm in September asked companies to begin reporting under rules developed by the International Sustainability Standards Board from the 2025 fiscal year. The new rules mean boards must disclose additional climate risks and will require more granular emissions reporting. Given that a majority of Singapore's listed companies are small and medium enterprises with fewer resources, the regulator hasn't yet imposed an overarching timeline for reporting Scope 3 emissions. It plans to ask larger issuers to start disclosing the data from the 2026 fiscal year. Singapore's move to stick with stronger disclosure requirements stands in contrast to the EU, which recently proposed weakening reporting rules amid a corporate backlash. In the US, some states are advancing disclosure proposals while President Donald Trump's administration retreats from federal requirements. More stories like this are available on ©2025 Bloomberg L.P.
Bloomberg
10-03-2025
- Business
- Bloomberg
Singapore Firms Need Better Climate Reporting as New Rules Loom
Singapore's listed companies need to improve climate disclosures as regulators are set to impose new standards starting this year, a new study has found. Fewer than a third of issuers provided all 11 disclosures recommended by the Task Force on Climate-Related Financial Disclosures, according to the study from Singapore Exchange Regulation and the National University of Singapore released Tuesday. It reviewed the latest sustainability reports published through July from 529 companies.
