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<p><span>Good morning, and welcome to the launch of MAS’ inaugural </span><a class="mas-link" target=" blank" href="https://www.mas.gov.sg/publications/sustainability-report/2021/sustainability-report"><span class="mas-link text">Sustainability Report</span> <span class="mas-icon mas-glyphs-external link"></span></a><span>.</span></p>
On 19 May 2021, the financial industry taskforce of Singapore (known as the Green Finance Industry Taskforce (GFIT)) released guidelines on climate-related disclosures and a white paper.
The Monetary Authority of Singapore MAS and Green Finance Industry Taskforce GFIT objectives foster environmentally sustainable growth, recognizing important role banks and nonbank financial institutions play in low-carbon future in line with Singapore Green Plan 2030.