In view of the focus shift towards sustainability and climate change, sustainability disclosure has been gaining traction in recent years, with more and more guidelines, standards and regulations published. Companies are highly encouraged to disclose their ESG performance to meet stakeholders’ increasing expectations and prepared for stricter regulation on sustainability disclosures in the near future. Mandatory ESG/ Sustainability reporting for listed companies is already mandatory in some places, including Singapore and Hong Kong.
Our experienced team can guide you through the sustainability reporting journey in accordance with recognised frameworks, including the Singapore Exchange (SGX) Sustainability Reporting Guide (Practice Note 7.6), the Global Reporting Initiative (GRI) Standards, Principle for Responsible Investment (PRI), Task Force on Climate-Related Financial Disclosures (TCFD) recommendation, and International Sustainability Standards Board (ISSB) Standards, etc.
No matter you are new to sustainability reporting or an experienced player, GreenCo strives to provide outstanding and professional advisory / consultancy services to enhance your sustainability disclosure and performance. We customise the following services based on your reporting readiness to cater to your needs.
Testimonials and Clients’ Recognition
GreenCo’s team possess good technical knowledge and project management skills. They deliver top quality work well within tight timeframe. They also have great communication with clients.
GreenCo’s team is helpful and always provides prompt responses. They have demonstrated professionalism in sharing valuable insight in ESG development.
We appreciate the competence and professionalism GreenCo’s team demonstrated during the preparation and delivery of the workshop and the analysis.
We assist you in setting corporate sustainability policies and developing an effective management system that controls and mitigates sustainability risks. We also analyse your current ESG performance to compare your ESG practices against peers and industry-leading practices.
We utilise professional tools with scenario analysis and scientific theory to identify your room for improvement, thus facilitating meaningful but feasible target setting. We provide specific, measurable, attainable, relevant and time-bounded ESG targets to boost continuous improvement. In addition, we can align your goals to Sustainable Development Goals (SDGs), so that you can demonstrate your commitment in an international language.
We conduct materiality assessments by engaging important stakeholders of your company. We help you to identify stakeholders of high importance, gather their expectations on various sustainability issues and optimise your corporate approach accordingly.
We prepare ESG/ sustainability reports that comply with national / international standards, including SGX, GRI, PRI, TCFD, ISSB, etc. To ensure the quality and compliance of the report, we provide guidance on data collection and apply calculation tools to quantify your ESG performance.
We can also assist you in getting prepared for the tightened disclosure requirements under the consultation paper on the enhancement of climate disclosure released by the Exchange in Singapore and Hong Kong.
We categorise your carbon emissions (Scope 1, Scope 2 and Scope 3) according to Greenhouse Gas Protocol to provide you with a complete and clear picture of your carbon footprints. We also offer carbon audit services to assure the accuracy of your carbon calculations.
We assist you in developing a sustainability management system to evaluate, identify and manage sustainability risks effectively while capturing opportunities. We strive to guide you to improve sustainability, for instance, optimising resource usage, reducing emissions and conducting business with ethics.
We develop tailored internal management practices and policies for you to regulate your employment practices, products and suppliers with reference to the relevant regulations and peer companies’ practices, with an aim to enhance your overall risk management and comply with sustainability disclosure requirements.
We have good connection with institutional investors, thus can help you deal with institutional investors on ESG enquiry when necessary.
Stakeholder Engagement in a Closer Look
Companies need to remain relevant to survive in a challenging business environment and to be relevant requires regular interaction with important stakeholder groups. A robust stakeholder engagement model is vital for companies to be able to understand and respond to legitimate stakeholder concerns. Business leaders and managers will normally be able to list their key stakeholders and concerns, but not furnish the structure and process of engagement as easily.
economic/financial (profitability, cash flow, dividend policy, pricing, growth rate, exchange control); environment (carbon footprint, water, waste management, recycling, compliance) and social (health and safety, skills retention, ethics, transformation, training).
We help you engage the stakeholders, conduct materiality assessment, review the sustainability status and conclude their expectation on environmental issues and social development of the enterprise in order to help you make modification accordingly and gain long-term profits.
Stakeholders Influence on Organization and Organization Impact on Stakeholders Matter!
Misunderstanding of stakeholder engagement
Usually a company takes the stakeholder engagement as part of the activities of public relations or communications. When a company comes to map stakeholders, they focus only to those they know well or to those who speak loudest, not mentioning the difficulties they are facing when transforming the gathered information into business intelligence.
Proper Reporting and Disclosure
We provide guidance on ESG-related data collection, identify ways of improvement on data reporting, advise on the development of reporting framework, assist in drafting the content of sustainability report in compliance with SGX Sustainability Reporting Guide and with reference to the GRI Reporting Standards to ensure that the expectations of stakeholders are addressed.
