Singapore’s National Environment Agency Takes the Lead on Sustainability Reporting

April 16, 2013 by  
Filed under Insights

NEA CEO receiving award from MEWR Permanent Secretary

The National Environment Agency (NEA) of Singapore recently won the ‘Best First Time Sustainability Report’ award at the ACCA Singapore Sustainability Reporting Awards 2013. This award recognises NEA as the first public agency to take the lead in publishing its first Sustainability Report in 2012, in line with the Global Reporting Initiative (GRI) guidelines.

To coordinate and drive its sustainability initiatives and projects in the organisation, NEA set up a dedicated Sustainability Office in 2010. This shows the commitment of NEA’s management in integrating sustainability within the agency and its offices. Read more

Keppel Land wins the 2011 Singapore Awards for Sustainability Reporting

October 14, 2011 by  
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Keppel Land Limited emerged as the winner of the 2011 Singapore Awards for Sustainability Reporting (SASR), at the awards ceremony organised by ACCA (the Association of Chartered Certified Accountants) and attended by more than 100 business leaders. The annual awards is to identify and reward companies for their excellence in sustainability reporting, and also serves to encourage more companies to begin sustainability reporting.

The other 9 finalists for the SASR Awards include: ComfortDelGro Corporation Limited; CapitaLand Limited; Cerebos Pacific Limited; Keppel Corporation Limited; Swire Pacific Offshore Pte Ltd; The China Navigation Co Pte Ltd; Origin Exterminators (S) Pte Ltd; SMRT Corporation Limited; and Wilmar International Limited.

ACCA chose Keppel Land as the winner because its Sustainability Report 2010 was comprehensive, concise and credible. The report clearly articulated the company’s sustainability strategies and practices in accordance with the Global Reporting Initiative (GRI) G3 Level B+ guidelines, and highlighted the economic, environmental, and social aspects of the company’s activities and developments across its properties in Singapore and overseas. Read more

Integrated Reporting is here to stay despite the challenges

October 14, 2011 by  
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A high-level roundtable discussion on integrated reporting concluded that integrated reporting is here to stay despite the challenges involved. The roundtable discussion on Integrated Reporting: The Future of Corporate Accounting? was organised by ACCA (the Association of Chartered Certified Accountants) and moderated by CSR Asia Singapore. The roundtable panelists included representatives from ACCA, Responsible Research, SGX, Ernst & Young, PowerSeraya, Arisaig Partners, KPMG, and the Nanyang Business School.

Integrated Reporting is the integrated representation of a business’ financial performance and non-financial performance including environmental, social, and corporate governance (ESG) measures. Integrated Reporting helps businesses make more sustainable decisions, and enables investors and stakeholders to understand the sustainability and ethical impact of an investment in a business. Read more

Updates and Insights from the CSR Asia Forum on Sustainability Disclosure 2011

March 25, 2011 by  
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The CSR Asia Forum on Sustainability Disclosure 2011 was held in Singapore on 23 March, and organised by CSR Asia to update delegates on sustainability reporting, disclosure and communications, both locally and globally.

Here are some updates and insights from the Forum:

Singapore Companies Lagging Behind on Sustainability Reporting

According to CSR Asia, Singapore companies are lagging behind on sustainability reporting and could risk losing out this potential competitive edge to other Asian companies. Singapore is placed fourth out of five ASEAN countries (Singapore, Malaysia, Indonesia, Thailand and the Philippines) in terms of the number of sustainability reports produced by the country’s companies, and has only 21 companies producing 59 reports in the past eight years. Read more