Introducing Corporate Disclosure Requirements to Encourage Uptake and Normalisation of Parental Leave
Ministry of FinanceSpeakers
Summary
This question concerns the potential introduction of corporate disclosure requirements and the adoption of international standards like GRI 401-3 to encourage and normalise parental leave uptake. Ms Lee Hui Ying inquired how these standards could inform marriage and parenthood policies and whether there are plans for mandatory reporting. Minister in the Prime Minister's Office Indranee Rajah highlighted that paid parental leave has been enhanced to 30 weeks and emphasized the role of employers in fostering supportive workplace norms. She stated that the Workgroup on Marriage and Parenthood Reset will study global practices regarding company disclosures on leave utilization while considering the local operating context. Any decision to adopt mandatory requirements must balance the benefits of transparency against potential compliance costs and the impact on employers.
Transcript
49 Ms Lee Hui Ying asked the Prime Minister and Minister for Finance (a) whether the Ministry is studying international standards, such as the Global Reporting Initiative (GRI 401-3), in shaping parental leave policies; (b) how such standards could inform policies for marriage and parenthood; and (c) whether there are plans to introduce corporate disclosure requirements to encourage uptake and normalisation of parental leave.
Ms Indranee Rajah: The Member had raised a related question at the 8 April Parliament sitting. [Please refer to "Subsidised Co-living Options for Singles, Addressing Motherhood Penalty, Publicising Shared Parental Leave Take-up Rates as Marriage and Parenthood Ideas", Official Report, 8 April 2026, Vol 96, Issue 28, Written Answers to Questions for Oral Answer not Answered by End of Question Time section.]
Parental leave is intended to provide working parents protected time to care for and bond with their children. We have significantly enhanced these provisions in recent years, covering up to 30 weeks of paid parental leave. Beyond leave provisions, employers play a key role in fostering supportive workplace norms that enable parents to take their parental leave without judgement.
The Workgroup on Marriage and Parenthood Reset will explore ways to further encourage employers to develop practices that support parental leave-taking. We will study the Member's suggestion as part of our efforts. This includes considering global standards and international practices, such as those related to company disclosures on parental leave policies and utilisation. While mandatory disclosure requirements may help to promote transparency and normalise good practices, any decision to adopt them must also take into account our local operating context and compliance cost or impact on employers.