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SME Sustainability Reporting Programme
Friday, 1 November 2024 12:00 a.m.

Virtual - Event

Event language: English

Nov. 2024 - Oct. 2027

(multiple dates)

SME Sustainability Reporting Programme

Empowering transparency for a greener future

With evolving regulatory requirements, SMEs are increasingly expected to integrate sustainability into their core business strategies. This 3-year programme, subsidised by Enterprise Singapore, is designed to help SMEs navigate the complexities of sustainability reporting with confidence and clarity. 

Deloitte has partnered with Enterprise Singapore on the SME Sustainability Reporting Programme (SME SRP) to help Singapore non-listed small and medium-sized enterprises (SMEs) kickstart their Environmental, Social and Governance (ESG) disclosure journey by preparing their first sustainability reports.

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With expert guidance from Deloitte, this programme equips you with the resources and tools needed to produce high-quality, impactful sustainability reports that meet regulatory standards. You will receive support in identifying material areas, collecting data based on the identified material areas, and report drafting in line with the Global Reporting Initiative (GRI) reporting frameworks. Furthermore, you will receive exclusive post-event updates to stay ahead of evolving regulatory requirements. We will support you in embedding sustainability into your core operations, fostering long-term growth and resilience in an increasingly sustainability-driven marketplace.

  • Identify and prioritise key ESG topics most relevant to your company for maximum impact and long-term value
  • Leverage cost-effective data analysis tools to provide clear, actionable insights that drive sustainability performance
  • Enhance transparency by producing compliant and strategic sustainability reports ahead of regulatory requirements, ensuring preparedness
  • Access industry-leading practices and benchmarks through Deloitte's global reach and expertise, positioning your company at the forefront of sustainability.
  • Integrate sustainability into your core operations to gain competitive advantage

Programme Scope

Materiality assessment comprises stakeholder identification, stakeholder engagement sessions, peer benchmarking with reference to industry standards, and prioritisation of material topics.

  • Stakeholder Identification: Identify relevant stakeholder groups specific to your SME.
  • Stakeholder Engagement: Engage your identified stakeholders through a questionnaire and stakeholder engagement sessions to identify their concerns and potential material topics.
  • Peer Benchmarking: Benchmark your performance against peers' disclosures to identify best practices and material topics in the industry.
  • Material Topic Prioritisation: Develop an inventory of material ESG topics and relevant reporting metrics and develop a materiality prioritisation table to prioritise the material topics based on discussions with your management.

Data collection includes providing a data collection template, reviewing and processing of the ESG data received and builing a Power BI dashboard.

  • Data Collection Template: Obtain a data collection template based on your prioritised material topics and the requirements of GRI, as well as additional metrics from the SGX 27 core metrics.
  • Processed Data for Reporting: Collate and translate raw ESG data for reporting, reviewing the data collected for accuracy and completeness.
  • Power BI Dashboard: Build a Power BI dashboard featuring the SGX 27 core metrics, which will assist in your future data collection purposes.

Report writing involves crafting the structure of the sustainability report and producing report drafts.

  • Report Structure: Produce a basic report structure, outlining the chapters and the key messages.
  • Report Drafts: Gain insights for value-added writing and iterate the drafts based on your feedback.
  • Utilising the DBS Accelerator Tool co-developed by Deloitte for a high-level roadmap.
  • Half-yearly insights on sustainability trends in the form of Deloitte articles or electronic newsletters.
  • Full access to sustainability-related eLearning modules on Deloitte’s Learning Management system.
  • Invitation to Deloitte’s Forum and Seminars for insights and perspectives on a variety of topics.
  • Advisory services on your eligibility for applying for the Enterprise Development Grant (EDG) for sustainability projects. 

Programme Fees & Subsidy

 

Programme Packages
 

Package 1

Package 2

Estimated Duration

12 weeks

16 weeks

Fee after Enterprise Singapore Funding

SGD 10,920

SGD 17,550

Report Length

Up to 40 pages

Up to 60 pages

Standard

Global Reporting Initiative (GRI) and SGX 27 core metrics

Global Reporting Initiative (GRI) and SGX 27 core metrics

Overview

Services offered with respect to the production of the sustainability report:

  • Materiality assessment comprising:
    • Stakeholder identification
    • One stakeholder engagement session
    • Peer benchmarking (capped at two peers) with reference to industry standards
    • Prioritisation of material topics
  • Data collection and analysis
  • Report writing (capped to two iterations, excluding copywriting)    

Services offered with respect to the production of the sustainability report:

  • Materiality assessment comprising:
    • Stakeholder identification
    • Two stakeholder engagement session
    • Peer benchmarking (capped at three peers) with reference to industry standards
    • Prioritisation of material topics
  • Data collection and analysis
  • Report writing (capped to three iterations, excluding copywriting) 

All prices include 9% GST

All prices include 9% GST

Subsidy Eligibility Conditions

The programme would be applicable to:

  • Business entity is registered and operating in Singapore
  • Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership.
  • Company has a Group Annual Sales Turnover not exceeding $100 million OR Group Employment Size not exceeding 200 employees.

Application Process

 

To apply for the subsidy under the SME SRP, please submit the following documents to seaaaesg@deloitte.com:

Get in touch

Josette Soh

Deloitte - Singapore
Josette brings more than 16 years of experience in delivering professional services to both local and multinational companies across Southeast Asia and the global landscape. In her current role, she leads the Environmental, Social, Governance (ESG) assurance team, which plays a pivotal role in providing an array of services to clients. These services encompass advisory solutions covering narrative reporting, TCFD and climate reporting, integrated reporting, and sustainability reporting. In addition to this, her team is actively engaged in providing assurance in accordance with ISAE 3000, a globally recognised standard. This involves a meticulous evaluation of the effectiveness, design, and implementation of controls pertaining to both financial and non-financial data. Josette's expertise extends beyond her role as an accomplished corporate trainer. With over 9 years of experience, she has effectively imparted training to both internal Deloitte professionals and external corporate clients. Her leadership extends to Learning Solutions by Deloitte (DLS), the training arm of Deloitte, where she orchestrates impactful learning experiences. Josette's expertise as a corporate trainer has significantly influenced sustainability and accounting training initiatives, reaching a diverse array of stakeholders. Her scope encompasses Singapore-listed corporations, multinational entities, and government-linked firms. Her notable contributions extend to Deloitte Singapore's IFRS Centre of Excellence, where she specialises in International Financial Reporting Standards (IFRS). Her professional affiliations include membership in various esteemed bodies, such as ISCA (CA Singapore), Fellow Member of the Association of Chartered Certified Accountants (FCCA), and Associate Adult Educator (AAE) as part of the Adult Education Professionalisation program by Institute for Adult Learning Singapore (IAL).

Ong Lu Ann

Deloitte - Singapore
25 years + years on brands and communciations, including 7 years on sustainability. Works with boards, C-suites, executives, business owners on sustainability strategies and ESG communications. Member of The Cambridge Institute for Sustainability Leadership (CILS)

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