Making Singapore the trusted and best place for businessThe Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities, public accountants and corporate service providers in Singapore.

Core values

- **Addressing Climate Change**: The project focuses on implementing sustainability reporting and climate-related disclosures, which are crucial for addressing climate change and its widespread impacts. This aligns with global efforts to limit global warming to 1.5°C under the Paris Agreement[1][4][5].
- **Promoting Sustainability and Ethical Practices**: By requiring companies to report on environmental, social, and governance (ESG) factors, the project promotes corporate responsibility and sustainable business practices, contributing to long-term, sustainable growth[1][2][5].
- **Capacity Building and Skill Development**: The initiative includes capacity building efforts, such as training programs and skills development, to support companies in their transition to a green economy. This enhances the capabilities of the workforce and supports economic growth[1].
- **Improving Transparency and Trust**: The project aims to strengthen regulatory frameworks, improve corporate transparency, and increase investor trust, which are essential for a stable and trustworthy business environment[2].
- **Supporting SMEs and Innovation**: The project includes initiatives to help small and medium enterprises (SMEs) build capabilities and capture opportunities in the local and global economy, fostering innovation and entrepreneurship[1].