Measuring and Reporting on Sustainability

Part of the ModularMaster in Sustainability programme

This course seeks to equip sustainability professionals with a versatile understanding of the sustainability reporting landscape. Participants will learn about various sustainability accounting models such as True Cost accounting, as well as the alphabet soup of global reporting standards such as the UN SDGs, GRI, and SASB. Participants will then learn what it takes to make credible carbon commitments, and get to try digital tools to facilitate sustainability reporting.

Offered in partnership with:

Who Should Attend

Senior Sustainability Consultant; Senior Sustainability Manager; Sustainable Procurement Specialist; Sustainable Finance Manager; Senior Risk Analyst; Sustainability Project Manager; Senior Environmental Programs Specialist; Supply Chain, Sustainability & Energy Manager; Director of Public Policy and Environmental Affairs; Head of Environmental, Social and Governance (ESG); Head of Sustainability; Chief Sustainability Officer

Minimum entry requirement

Good English proficiency
Relevant work experience

Programme Outline

Learning Objectives

By the end of this course, participants should be able to / can expect to:

Compare and contrast different sustainability reporting frameworks
Understand the process of making a carbon commitment and developing a glide path
Gain confidence in calculating an organisation's environmental footprint

Day 1

Sustainable accounting: objectives and obstacles
Impact-weighted accounting
True Cost Accounting
Exercise: Comparing impact-weighted vs True Cost accounting in a real-life case study
Natural Capital Accounting
Total Impact Measurement & Management (TIMM)
In-class Assignment 1: Applying TIMM to make a business decision in your organisation

Day 2

United Nations Sustainable Development Goals (SDGs)
Global Reporting Initative (GRI) Standards
International Standards Organisation (ISO) Codes
Exercise: Identify the most relevant SDGs, GRI Standards and ISO Codes to your organisation
Investor-focused standards: International Sustainability Standards Board (ISSB) disclosures
Climate and nature-focused standards: TCFD and TNFD
Reporting requirements in Singapore

Day 3

Carbon commitments: Are they worth making?
Ambition-setting I: Carbon-neutral vs net-zero
Ambition-setting II: Adhering to SBTi criteria
In-class Assignment 2: Choose between carbon-neutral, net-zero, and SBTi-compliance in a real-life case study
Developing a realistic glide path
Technological and financing options for decarbonisation
Common pitfalls when making carbon commitments

Day 4

Digital sustainability reporting tools: do you need one?
Free carbon calculators: IMDA
Excel-based tools: Responsibility Index Communicator for Enterprises (RICE), Carbon & Emissions Recording Tool (CERT)
Exercise: Use RICE to calculate sustainability performance in a real-life case study
ERP-based and AI-based tools: Oracle, IBM Envizi, Unravel Carbon
Limitations of digital tools
Team Project briefing and preliminary planning

Day 5

Team Project: Calculating your organisation's environmental footprint

Assessment

Assignments
In-class participation
Team Project

Subject Credits

Upon completion and satisfying the requirements of passing this course, learners will be awarded 12 subject credits.

Course Fees and Funding

Full course fee inclusive of prevailing GST	You pay S$5,450.00
SkillsFuture Course Fee Subsidy (up to 70%) For Singapore Citizens < 40 years old For Permanent Residents	You pay as low as S$1,635.00
Mid-Career Enhanced Subsidy (up to 90%) For Singapore Citizens ≥ 40 years old	You pay as low as S$635.00
Enhanced Training Support for SMEs (up to 90%) For SME - Sponsored employees	You pay as low as S$635.00

The above module fee payable is inclusive of prevailing 9% GST.
This course is not eligible for the $4,000 credit under SkillsFuture Credit (Mid-Career) top-up scheme.

Instructor

Corrado Forcellati

Corrado Forcellati is Managing Director at Paia Consulting. He has actively worked on sustainability over the last 5 years, overseeing the implementation of ESG practices in his previous role as General Manager for a Nordic bank in China and Singapore, heading sustainable finance advisory practices and working closely with a variety of private and public clients in Singapore to embed sustainability into business operations and strategies. Corrado specialises in environmental and sustainability reporting, materiality assessment, stakeholder mapping, engagement strategy and implementation. He has trained bankers, asset managers, and corporations on sustainability related topics. He has delivered a range of training programs, from sustainable finance, sustainability reporting, to carbon management. He regularly speaks at events and moderates panel discussions on topics around biodiversity and circular economy.

Hong Tin Wei

Hong Tin Wei is the Associate Director of ESG & Sustainability Services at Grand Thornton Singapore. Having started his career with an integrated oil & gas company in 2004, Tin Wei has extensive experience in ESG advisory and business development, especially within the heavy industry and commodity space. Tin Wei often advises clients on ESG Product/Service vs Market fit and participate extensively in the crafting & execution of their Go-to-Market strategies. Over the years, Tin Wei had advised numerous industrial clients and had assisted financial investors (e.g. asset managers, family offices etc.) in their exposures toward highly pollutive sectors such as shipping, ship building and manufacturing etc.

Policies and Financing Options

SSG Funding Terms and Conditions

Use of Personal Details

In consideration of the subsidy provided by SkillsFuture Singapore Agency (“SSG”) through the SUTD Academy for the Course,

I consent to:

The collection, use and disclosure to relevant third parties of my personal data by the SUTD Academy including but not limited to personal particulars, attendance records, assessment/performance records, for the following purposes:

Reporting of national statistics and conducting of holistic continuing education training research and analysis;
Facilitate the conduct of the relevant surveys and audits in relation to the Course;
General administration of the Course including but not limited to processing of the subsidy provided by SSG;
Publicity and marketing of the Course or other Courses to be provided by SSG or SUTD Academy; and
SSG or its Appointed Auditors or Nominated Representatives to directly contact Course Participant to obtain information deemed necessary for the purposes of conducting effectiveness survey or audits in relation to the Course.

SUTD will have to claim the full course fee from participant who is unable to fulfil the SSG funding requirements stated below.

I agree to:

Attend and complete all lectures, class exercises, workshops and assessments;
Complete the Course feedback at the end of the Course;
Complete the post Course survey sent about 3 to 6 months after class attendance; and
Sign up for a personal email account.

SUTD Privacy Statement

For more information on SUTD's privacy statement, please visit https://sutd.edu.sg/Privacy-Statement.

SUTD Terms and Conditions

Methods of Payment

Learn more about the available payment modes.

Cancellation & Refund Policy

If a written notification is sent to sutd_academy@sutd.edu.sg within 24 hours after course registration deadline there will be no cancellation charges. A full refund will be made.
No refund is provided if written notification is more than 24 hours after course registration deadline. SUTD Academy reserves the rights to collect the full fee amount from the participant.

Replacement Policy

Companies may replace participants who have signed up for the course by giving a 3-working day notice before the course commencement date to sutd_academy@sutd.edu.sg. Terms and conditions apply.

Registration Policy

Course may be cancelled due to insufficient participants. SUTD Academy will not be responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from any course cancellation.
Course enrolment is based on a first-come, first-served basis.
SUTD Academy reserves the right to change or cancel any course or instructor due to unforeseen circumstances.

Types of Funding

Funding under Mid-Career Enhanced Subsidy ("MCES")

MCES is an enhanced Subsidy to encourage mid-career individuals to upskill and reskill, thereby helping them to remain competitive and resilient in the job market. With this, all Singaporeans aged 40 and above will receive higher subsidies of up to 90% course fee subsidy for SSG-funded certifiable courses.
Individuals/employers are not required to submit an application for the MCES. Those pursuing SSG-funded programmes will be charged the appropriate subsidised fees by SUTD Academy if they are eligible MCES. Individuals/employers will only need to pay the nett fee (full course fee after SSG's grant).

For more info, please visit SkillsFuture website at https://www.skillsfuture.gov.sg/enhancedsubsidy

Funding under Enhanced Training Support for SMEs ("ETSS")

ETSS is an enhanced funding to enable SMEs to send their employees for training.
SMEs will enjoy subsidies of up to 90% of the course fees when they sponsor their employees for SSG-funded certifiable courses.
In addition to higher course fee funding, SMEs can also claim absentee payroll funding of 80% of basic hourly salary at a higher cap of $7.50 per hour. SMEs may apply for the absentee payroll via the SkillsConnect system.
To qualify, SMEs must meet all of the following criteria:
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents

For more info, please visit SSG website at https://www.ssg.gov.sg/programmes-and-initiatives/funding/enhanced-training-support-for-smes1.html

Funding under Union Training Assistance Programme ("UTAP")

UTAP is a training benefit for NTUC members to defray their cost of training. This benefit is to encourage more union members to go for skills upgrading.

NTUC members enjoy 50% unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP (Union Training Assistance Programme).

For more info, please visit https://e2i.com.sg/individuals/ntuc-education-and-training-fund/.

Funding under Post-Secondary Education Account ("PSEA")

The Post-Secondary Education Account (PSEA) is part of the Post-Secondary Education Scheme to help pay for the post-secondary education of Singaporeans.

This is part of the Government’s efforts to encourage every Singaporean to complete their post-secondary education. It also underscores the Government’s commitment to support families in investing in the future education of their children and to prepare them for the economy of the future. PSEA is not a bank account.

It is administered by the Ministry of Education (MOE) and is opened automatically for all eligible Singaporeans.

Account holders can use their PSEA funds to pay for their own or their siblings’ approved fees and charges for approved programs conducted by approved institutions.

However, you will have to check your eligibility and balance by contacting MOE first.

Contact MOE at (65) 6260 0777

E-mail to MOE at contact@moe.edu.sg

Click here for MOE website.