Perform regular audits - ADVANCED

Cost
LOW
Cost
MEDIUM
Cost
HIGH
EFFORT
low
EFFORT
medium
EFFORT
HIGH
IMPACT
low
IMPACT
MEDIUM
IMPACT
HIGH

Internal audits:

Internal auditors will ensure the compliance with the latest sustainability reporting standards. The Singapore Stock Exchange (SGX) requires sustainability information to be verified by internal auditors.

They will ensure the integrity of the sustainability information and reporting processes and guard against greenwashing.

External Audits and Certifications:

If you want to have access to green financing tools, your sustainability reporting will be audited.

Consider obtaining third-party certifications or conducting external audits to validate your sustainability efforts. Certifications such as LEED (Leadership in Energy and Environmental Design) or B Corp can demonstrate your commitment to sustainability and provide credibility to stakeholders.

You can also find support and certification services for carbon accounting (including the integration of externalities) and carbon tax from external audit firms.

10%

of SGX-listed companies have had their sustainability reports audited for FY2022
(EY)

ADDITIONAL RESOURCES