[SFGW-SR] Sustainability Reporting Landscape and Reporting under IFRS (Part of SCTP)
About This Course
This course forms part of a stackable learning pathway under [SFGW-SR] (SCTP) Advanced Professional Certificate in Sustainability Reporting and AI Analytics (Eligible for Part-Time TA). It covers the following topics from ACRA’s Sustainability Reporting Body of Knowledge (SR BOK):
Topic 1 – Introduction to Sustainability Reporting
1.2 - Purposes and benefits of sustainability reporting
1.3 - Sustainability/climate reporting landscape internationally and regionally
1.4 - Singapore’s regulatory requirements
Topic 2 - Application of IFRS S1 and Materiality Assessment
2.1 Application of IFRS S1 (and requirement to consider Sustainability Accounting Standards Board (SASB) standards)
2.2 - Materiality assessment
Topic 3 - Application of IFRS S2
3.1 - Application of IFRS S2
3.2 - Interoperability of IFRS S1 and IFRS S2 with other international standards
3.3 - Climate transition plans
Topic 5 - The Importance of Governance in Sustainability Reporting, and the Value and Business Case for Sustainability Reporting (Beyond Reporting and Compliance)
5.2 - Creating value through reporting and making disclosures matter – meeting stakeholders’ needs
You will gain a comprehensive understanding of the important sustainability reporting standards deployed for Environmental, Social and Governance (ESG) concerns and climate-related data. Central to this module is the understanding and application of globally recognised frameworks such as the International Sustainability Standard Board (ISSB) which comprises International Financial Reporting Standards (IFRS) S1 General Requirements and IFRS S2 Climate-related Disclosures. An integral part of the course is on how organisations can effectively convey information on sustainability-related risks and opportunities across four pillars: Governance, Strategy, Risk Management, and Metrics and Targets.
In addition, you will develop core reporting competencies such as materiality assessments, climate scenario analysis and d
What You'll Learn
On completion of the course, the learners should be able to:
• Understand the global and local sustainability and climate reporting landscape and Singapore’s regulatory requirements on sustainability reporting.
• Understand and apply the requirements of IFRS S1 and IFRS S2 for disclosure of sustainability-related financial Information.
• Understand and apply the principles of conducting materiality assessments
• Understand interoperability of IFRS S1 and IFRS S2 with the equivalent standards in Global Reporting Initiative (GRI), European Sustainability Reporting Standards (ESRS) and U.S. Securities and Exchange Commission (US SEC) Rules.
• Develop a climate transition plan, and assess best practices and lessons learned.
Entry Requirements
Though there are no formal academic requirements, professionals with 5 or more years of working experience or preferably with some basic accounting knowledge, will be able to better appreciate the contents of this programme.