For ISCA members / non-members: S$654.00 (inclusive of GST)

For subsidy-eligible representatives: S$436.00 (inclusive of GST)* 

*refer to "funding" tab for subsidy details

This workshop has been developed following the publication of the Illustrative Sustainability Report: Based on the GRI Standards and the IFRS Sustainability Disclosure Standards(Illustrative Sustainability Report) by ISCA in October 2024.

The Illustrative Sustainability Report was developed to show how an entity might apply the IFRS S1 General Requirements for Disclosure of Sustainability‑related Financial Information and IFRS S2 Climate-related Disclosures requirements concurrently with the GRI Standards.

This guide follows the announcement in February 2024 that mandatory climate-related disclosures will be introduced in a phased approach in Singapore, in line with the recommendations of the Sustainability Reporting Advisory Committee. Singapore Exchange Regulation also announced in September 2024 that it has enhanced its sustainability reporting regime and will start incorporating the latest international standards into its sustainability reporting regime following broad support from respondents to a public consultation.

This workshop aims to equip participants with an overview of sustainability reporting and the application of the ISSB Standards.

Using the Illustrative Sustainability Report as its foundation, the workshop will focus on hands-on exercises and case studies to enhance the learning experience. Through the interactive sessions, attendees are expected to gain practical insights and build their confidence to implement their learnings within their own organisations.

Programme Outline

Morning Session
Overview on Sustainability Reporting 

• Singapore’s climate reporting and assurance roadmap
• Overview of the various sustainability reporting standards and frameworks 

Understanding the ISSB Standards (Part 1)

• Overview of IFRS S1 (conceptual foundation and general requirements, with an emphasis on climate-relevant disclosure requirements)
• Overview of IFRS S2 (climate-related disclosure requirements)
• Key differences between the ISSB Standards and GRI Standards
• Comparing the ISSB Standards (IFRS S2) and TCFD Recommendations: Key differences and conducting a gap analysis
• Sharing of permanent and transition reliefs
• Balanced reporting
• Overview of the Governance pillar – Key takeaways with practical examples for application
• Deep dive 1: Determine reporting entities (with case studies, hands-on exercise and debrief)

Afternoon Session 
Understanding the ISSB Standards (Part 2)

• Overview of the Strategy pillar – Key takeaways with practical examples for application 
• Deep dive 2: Current and anticipated financial effects (with case studies, hands-on exercise and debrief)  
• Deep dive 3: Climate scenario analysis (with case studies, hands-on exercise and debrief)  
• Overview of Risk Management and Metrics and Targets pillars – Key takeaways with practical examples for application 

On the completion of this course, you will be able to:

• Gain practical insights and build confidence to implement the learnings within your own organisation;
• Distinguish between the ISSB Standards and the GRI Standards as well as TCFD recommendations;
• Explain the importance of balanced sustainability reporting and its role in providing stakeholders with transparent, reliable, and relevant information;
• Understand the general requirements of the IFRS S1 across the governance, strategy, risk management and metrics and targets pillars, including the climate-relevant disclosure requirements in IFRS S1; and
• Perform climate-related disclosures, including current and anticipated financial effects, scenario analysis, in accordance with the requirements of IFRS S2.

Training Methodology
In-person workshop with practical case studies.

Intended For

Accountants and all professionals involved in sustainability reporting

Programme Facilitator(s)