Sustainability reporting

With rapidly evolving global sustainability regulations, Singapore has been introducing mandatory reporting and assurance in phases to enhance transparency and credibility. This module provides a clear overview of Singapore’s reporting requirements and effective dates. By the end of this module, participants will be able to describe the phased implementation of sustainability reporting and assurance in Singapore​.

The IFRS Sustainability Disclosure Standards (IFRS SDS), issued by International Sustainability Standards Board (ISSB), reflects a global shift in reporting expectations towards consistent and decision‑useful sustainability disclosures. This module introduces the key components of IFRS S1 and IFRS S2, showing participants how the standards apply to organisations and create a unified baseline for sustainability reporting. By the end of the module, participants will be able to identify the key disclosure requirements of the 4 pillars of IFRS S1 and S2 and begin applying them in their reporting processes.

Conducting materiality assessments are an essential part of producing meaningful and trusted sustainability reports. This module will help participants understand how to perform a double materiality assessment by assessing risk and opportunities from an impact and financial lens​. By the end of this module, participants will be able to independently conduct a materiality assessment exercise.

As sustainability expectations rise, stakeholders are increasingly interested in understanding risks and opportunities and its financial impact to the organisation. This module intended to build foundational understanding will help participants to understand the concept of current and anticipated financial effects, and its connectivity between the sustainability report and financial statements.​ By the end of this module, participants will be able to perform a high‑level assessment of the potential financial implications of material sustainability‑related risks and opportunities on revenue, costs, assets, liabilities, and capital.

The mode of assessment for Module 1 would be MCQ questions and short answer questions to test participants’ knowledge on the impacts of sustainability reporting and assurance requirements.​

The mode of assessment for Module 2 would be MCQ questions and short answer questions to test participants’ understanding on IFRS SDS.

The mode of assessment for Module 3 would be fill in the blank questions (without choices) to test participants’ understanding on the concept of connectivity of information between the sustainability report and financial statements​.

The mode of assessment for Module 4 would be simple calculations on current and anticipated financial effects​ and fill in the blank questions (without choices) to test participants’ understanding on the concept of connectivity of information between the sustainability report and financial statements​.

The total assessment time is 30 minutes.​ The minimum passing mark would be 80% to achieve a satisfactory score to qualify for SSG Funding.​