Sustainability

Helping companies place sustainability at the centre of their business

In Singapore, companies listed on the Singapore Exchange (SGX) must produce an annual sustainability report. In addition, climate-related disclosures aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework and increasingly, the International Sustainability Standards Board (ISSB) standards, are mandatory for listed issuers in key sectors, with a phased rollout for others.

Sustainability today goes beyond compliance, it drives performance, strengthens resilience and creates long-term value. Companies that embed environmental, social and governance (ESG) principles into their strategy gain a competitive advantage, enhance operational efficiency and build trust with investors, employees and customers.

At Forvis Mazars, our sustainability reporting services in Singapore support businesses from strategy design to implementation, embedding, reporting and assurance. By prioritising ESG, we help organisations align with regulatory requirements while also unlocking measurable benefits for their business, people and society.

Why sustainability and ESG matter

Adopting sustainability and ESG principles is central to long-term business success. Effective practices help companies:

• Mitigate risks by addressing challenges related to climate change, regulatory compliance and social responsibility
• Strengthen reputation and stakeholder confidence through accountability, transparency and ethical practices
• Unlock growth opportunities by attracting ESG-focused investors and access new, sustainable markets

By embedding sustainability into the heart of your business, you create lasting value, improve resilience and maintain a competitive edge in a rapidly evolving global economy.

Our approach

Sustainability creates opportunities to strengthen corporate resilience, generate economic value and deliver a positive societal impact. Companies that integrate ESG principles benefit from stronger governance, increased trust, improved employee engagement, operational efficiencies and long-term competitiveness.

At Forvis Mazars, we recognise that every organisation is at a different stage of its sustainability journey. Whether you need support with supply chain awareness, carbon mapping, climate risk assessments or diversity initiatives, we assemble a team of sustainability experts tailored to your specific goals.

A robust sustainability approach requires clear strategy, strong governance and credible corporate reporting. By aligning with ESG priorities and best practices, businesses can unlock tangible benefits including greater stakeholder trust, enhanced employee loyalty, reduced waste and long-term business value.

We offer a wide range of sustainability services in Singapore and globally, including:

• Reporting & assurance: Providing audit and assurance solutions for sustainability and human rights reporting, certification for green and social bonds, and assurance over all forms of carbon reporting
• Strategy & due diligence: Assistance with developing strategies and business models aligned with best practice ESG principles, as well as due diligence services to ensure compliance
• Implementation & transformation: Advice and guidance to help your organisation through a period of change and ensure that it is truly embracing its ethical and sustainable ethos
• Sustainable finance: supporting financial institutions to respond to regulatory expectations, adhering to sustainability principles and more broadly, navigating the complex risks and making the most of opportunities emerging from the transition to a sustainable future.

How we can help

Our hands-on support combines local expertise and global best practices to accelerate your sustainability transition. We offer services across four key areas:

The value we bring

●       Deep local expertise: Our Singapore-based team possesses an in-depth understanding of the local regulatory environment, including guidelines from the SGX and MAS, ensuring your strategy is fully compliant.

●       Proven methodologies: We combine global best practices with local insights to provide data-driven advice that is practical, measurable, and directly linked to your business objectives.

●       Integrated assurance and advisory: As a leading audit and advisory firm, we provide seamless services that bridge the gap between sustainability strategy, financial performance, and credible, assured reporting.

Sustainability consulting: An integral part of your business model

Expert sustainability consulting helps businesses move beyond compliance. At Forvis Mazars, we support companies in meeting SGX sustainability requirements while identifying operational efficiencies, mitigating ESG-related risks, strengthening brand reputation and enhance investors appeal — as investors increasingly rely on ESG data for decision-making.

Measuring and reporting impact

We work with businesses to track and analyse their ESG performance through measurable indicators and transparent reporting. This enables stakeholders to have confidence in your sustainability achievements while ensuring compliance with SGX and international regulatory requirements.

ESG assurance for credibility

Independent assurance strengthens stakeholder trust. Our services include verifying sustainability disclosures, supporting certifications for green and social bonds as well as providing assurance over carbon reporting.  With Forvis Mazars, you can gain credibility, transparency and confidence in your sustainability journey.

Take the next step in sustainability

Stay ahead in sustainability and ESG. Get in touch with our team today to learn how our sustainability reporting and ESG consulting services can help your business thrive.

Frequently asked questions (FAQ)

1. How can a comprehensive ESG strategy improve our brand reputation and competitive edge in the Singapore market?

By demonstrating transparency, ethical conduct and accountability to consumers, investors and other stakeholders, a well-crafted ESG strategy improves a brand’s reputation. It also enhances your competitive advantage by aligning your business with evolving regulatory requirements, attracting ESG-focused investors, improving operational resilience and fostering long-term value creation. Companies that use integrated sustainability reporting approaches are perceived as more reliable, progressive and better equipped to manage social and environmental risks.

2. What is the typical cost structure for developing an ESG strategy or preparing a full sustainability report?

ESG Consulting costs typically vary depending on the scope of services, organisational complexity and the reporting frameworks or standards adopted. Please contact us to discuss how we can support your sustainability objectives and provide a tailored proposal.

3. What is your process for data collection, management and verification to ensure the integrity and auditability of our ESG data?

We use best practice frameworks, strong verification processes and organised data collection in our environmental social and governance consulting approach to data integrity. We collaborate with clients to determine data sources, implement pertinent standards and controls, and create standardised procedures for data collection and management. This ensures that ESG data is reliable, traceable and appropriate for both internal decision-making and external reporting and assurance needs.