Sustainability Reporting Services

Our sustainability reporting services provide support to organizations in developing and implementing their sustainability reporting roadmap and drafting the sustainability report that align with the GRI standards and other relevant frameworks.

We also conduct internal review on the sustainability reporting process in accordance with the International Standards for the Professional Practice of Internal Auditing issued by The Institute of Internal Auditors.

A sustainability report is a report published by a company or organization about the economic, environmental and social impacts caused by its everyday activities

A sustainability report also presents the organization’s values and governance model, and demonstrates the link between its strategy and its commitment to a sustainable global economy

In response to the SGX's mandate requiring internal review of sustainability reporting processes to ensure the quality of information disclosed by Issuers in their Sustainability Reports, the Institute of Internal Auditors Singapore had developed 'The Guide to Internal Review of a Sustainability Report' for companies listed on SGX

The Guide is fundamentally built on the reporting requirements of the Sustainability Report issued by the SGX in Singapore, with the information incorporated from SGX’s Listing Rule 711A, Listing Rule 711B, Practice Note 7.6 Sustainability Reporting Guide (“the Practice Note”) and the guide on implementing the Recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”) (October 2021)

There is a strong relationship between sustainability and financial performance

The sustainability reporting process, which is both strategic and cross-functional in nature, enables professional accountants to expand beyond conventional financial stewardship and examine aspects of risk and operational management that will ultimately have strategic and financial implications for the organization.

The IFRS Sustainability Disclosure Standards

The IFRS Sustainability Disclosure Standards, issued by the International Sustainability Standards Board (ISSB), aim to establish a global baseline for investor-focused sustainability-related disclosures.

These standards, including IFRS S1 and IFRS S2, focus on providing consistent and comparable information about sustainability-related risks and opportunities that could affect a company's financial performance.

IFRS S1 and S2 are designed to be closely linked with financial information. They require that sustainability-related disclosures be integrated into an entity's general-purpose financial reports, alongside the financial statements to provide a holistic view of the company's performance.

This integration helps investors and other stakeholders assess the company's sustainability risks and opportunities alongside its financial position and performance.

“Making Peace with Nature

is the Defining Task of the 21st century”
- UN Secretary-General