GreenCo Assists Singapore’s Renewable Energy Service Provider in Fostering Sustainable Development

The Growing Importance of Sustainability

Recognising sustainability as a global initiative against emerging crises, more companies are directing resources into this area to develop sustainability approach in fostering their business growth. Over the years, GreenCo has assisted numerous clients in navigating their ambitions of creating sustainable businesses.

GreenCo’s Recent Achievement: Assisting Solar Energy Service Provider

Recently, GreenCo has assisted a Singapore private company, which is a solar energy service provider, to compile its first sustainability report. Although this solar energy service provider is not a listed company on the Singapore Exchange (SGX) and it is not a mandatory requirement for them to publish annual sustainability reports, the company is eager to voluntarily publish its sustainability report to demonstrate its commitment on environmental stewardship and corporate social responsibility. As a professional ESG advisory firm, GreenCo delivered our dedicated services to facilitate the client to mark a new chapter on sustainability by designing from scratch a tailored disclosure framework, as well as the data collection system for progress monitoring.

As the first step, GreenCo assisted the company in engaging with its key stakeholders and identify the most material ESG issues. We then organised and analysed data on material ESG issues collected, with the key performance indicators (KPIs) resulted acting as a reference for them to monitor and update internal policies. With annual sustainability reports being published across the coming years, more data will be available for yearly comparison to track and enhance sustainability performances. Meanwhile, publishing annual sustainability reports also ensures data transparency among key stakeholders.

The Value of Sustainability Report for Private Companies

Although publishing sustainability reports is not a must for private companies under current regulations, it is still a significant step for companies to consider incorporating the concept of sustainability throughout their daily practices, thereby becoming a more sustainable corporate. With regular disclosures of material ESG issues, private companies not only can identify and keep track of its environmental impacts while providing secure and fair working environment for employees, but can also enhance their reputation and credibility among stakeholders.

GreenCo understands that the process of preparing the first sustainability report can be a tough task. In addition to offering the service of report compiling in accordance with reporting frameworks suggested for clients, we also offer services to discuss and set targets with clients, which aim to continuously improve their environmental and social performances. With well-defined and measurable targets, we believe that clients can contribute to sustainability in their own pace. We are here to support you to prepare your first sustainability report, which showcases your outstanding performances and efforts in multi-aspects of sustainability, igniting your journey towards sustainability.

At GreenCo, our multi-disciplinary team is eager to assist you in transforming your sustainability objectives into actions. To achieve your business success with sustainability, contact us now to learn more about our services and how we can assist your company to drive sustainable development!