Solutions

Introduction to Corporate ESG for SMEs

Unlocking sustainable growth with ESG

Understand the current and emerging ESG landscape, and how SMEs can take steps to align with these trends. The course will include an introduction to ESG, global and regional trends, key ESG reporting standards and frameworks, ESG strategy development, and materiality assessments.

We have collaborated with Enterprise Singapore to develop Introduction to Corporate ESG for SMEs, one of the two comprehensive sustainability courses that we offer. This course has been thoughtfully crafted to provide SMEs with the necessary knowledge and skills to foster a more sustainable future. Moreover, this course is a part of the Enterprise Sustainability Programme (ESP) by Enterprise Singapore, which aims to help businesses in Singapore to develop and implement sustainability initiatives and leverage opportunities in the green economy. To learn more about subsidies, eligibility criteria, and the application process for the course, please refer to the information provided below.

 

Course Synopsis

Recent years has seen a rapidly growing momentum on corporate climate action. Investors, customers, regulators, and other key stakeholders alike are increasingly expecting companies to implement ambitious efforts to minimize their environmental impacts and reach the goals of the Paris Agreement. As research is indicating that the majority of emissions can be found in a company’s supply chains, the scope of focus from these stakeholders is gradually shifting from large-listed companies only, to also cover suppliers.

As a result, there is a growing expectation for small and medium sized enterprises (SMEs) to implement ESG initiatives and be transparent about their performance. This will be increasingly important to maintaining competitive advantage and staying ahead of compliance requirements.

This course aims to support companies, in particular SME’s, to understand climate-related risks and opportunities, and what companies can do to mitigate, or capitalize, on these.

Key learning outcomes

  • Recognize key trends in current ESG landscape and interpret their significance for SMEs
  •  Develop sustainability roadmap for their organizations, evaluate capabilities necessary to achieve targets, and create synergy between existing organizational systems and sustainability processes.
  • Differentiate between reporting standards, identifying the frameworks that are most appropriate to communicate with different stakeholders.
  • Evaluate climate risks and opportunities for their company to mitigate the former and capitalize on the latter.

 

Curriculum

Module          
Introduction to sustainability, global and local trends                                           

1

Introduction to sustainability:

  • Defining sustainability within the wider ESG pillars (Environmental, Social, and Governance)
  • Principles and benefits of the circular economy 

Current trends and regulations

  • Increasing expectations on SMEs
    • B2B – as a business actor in supply chain
    • B2C – consumer expectations
  • The business case for sustainability: why it is critical for long-term    success of SMEs amid current and future regulatory trends
  • Introduction to reporting landscape
Module
Overview of the sustainability journey

2

Getting started on the sustainability journey

  • Purpose
  • Current state analysis & materiality assessment
    • Identifying environmental impacts, resource use and efficiency
    • The essentials of materiality assessment: defining scope, gathering and analyzing data and consulting with stakeholders
  • Roadmap to net-zero: adaptation and mitigation strategies across 3 scopes (i.e., resource efficiency, waste management etc.) & target setting
  • Strategy alignment and implementation
  • Data collection and management
  • Tracking and communicating progress with internal and external stakeholders
Module
Deep dive - sustainability reporting and managing stakeholder expectations

3

Navigating a fast-changing reporting landscape

  • Current and emerging global and regional ESG reporting regulations (SGX, SEC, CSRD, etc)
  • Investor disclosure standards and framework: SASB, TCFD, ISSB
  • Other stakeholders standard: GRI

Stakeholder communication basics

  • Mapping stakeholders and assessing their influence/interest
  • Strategies for engaging with different stakeholders (customers, employees, investors, regulators, local communities)
  • Crafting a cohesive sustainability report
Module
Deep dive - climate-related risk and opportunities
4

Understanding and assessing climate risks for your company:

  • Types of climate risks for businesses
  • Using scenario analysis and risk assessments to understand relevant climate risks
  • Prioritizing and implementing risk-management actions

The business value in pursuing sustainability: identifying and seizing climate opportunities

  • Types of opportunities for SMEs in the region
  • Introduction to sustainable finance
     

Introduction to Corporate ESG for SMEs

Course Schedule

 

April 2023

   Date

   Time

Registration deadline: 7th April  2023

Thursday, 13 Apr 2023

9AM-1PM

Friday, 14 Apr 2023

9AM-1PM

Location: TBC

Monday, 17 Apr 2023

9AM-1PM
 

Tuesday, 18 Apr 2023

 9AM-1PM

 

July 2023

   Date

   Time

Registration deadline: 5th July    2023

Monday, 10 Jul 2023

9AM-1PM

Wednesday, 12 Jul 2023

9AM-1PM

Location: TBC

Monday, 17 Jul 2023

9AM-1PM
 

Wednesday, 19 Jul 2023

9AM-1PM

 

Oct 2023

   Date

   Time

Registration deadline: 4th Oct    2023

Monday, 09 Oct 20

9AM-1PM

Tuesday, 11 Oct 2023

9AM-1PM

Location: TBC

Monday, 16 Oct 2023

9AM-1PM
 

Wednesday, 18 Oct 2023

9AM-1PM

 

*Please note that the training dates are subject to change

 

Course Fee & Details

  • Delivery Mode: Classroom Learning
  • No. of Session: 4 (4 hours per session)
  • Course Fee: SGD 1,620 (incl. GST)

Enterprise Singapore subsidised price SGD 570 (incl. GST)

  • Total course time: 16 hours

Enterprise Singapore Subsidy

Subsidy Eligibility Conditions

  • Course fee of S$570 (inclusive of GST) per participant is only applicable to local companies1 and trade associations2, up to a maximum of 3 nominated participants per entity.
  • Participants must be nominated by their company or trade association for participation in this series of Sustainability Courses3.
  • Each individual will only be supported once for each type of ESP-Sustainability Course3.
  • The company or organisation is liable to make full payment for the course fees if it or its participants are found to be ineligible or fail to complete the course.

1 Eligible companies need to be a business entity that is registered and operating in Singapore.

2Trade Associations (TACs) will need to fulfil the following criteria: a) registered with Registry of Societies (ROS) or Accounting & Corporate Regulatory Authority (ACRA); and b) defined as a non-profit organisation.

3 There are currently three types of ESP-Sustainability Courses: Foundational, Decarbonisation and Sustainable Finance. You may refer here for the list of courses under each course type.

Subsidy Process 

To receive this subsidy, please submit the following documents to seadlsenquires@deloitte.com after you have registered using the link at the bottom of this page:

  1. Completed Company Nomination Declaration Form
  2. Verification documents: 

                • Local Companies :

                        Company’s most recent ACRA Bizfile profile
                        (Accessed from 2022 onwards)

                • Trade Associations :

                        Company’s most recent ACRA Bizfile profile
                        (Accessed from 2022 onwards)

                        If ACRA Bizfile profile is not available, please provide a                         screenshot of the organisation’s registration with the Registry of                         Societies (ROS)

Company Nomination Declaration Form

Join us for the DLS experience now!

To experience DLS, join our Introduction to Corporate ESG for SMEs course.
Please click here to register.

For other courses available to the public, please refer to the Course Catalogue.

For corporate courses tailored to your organization, please contact us at seadlsenquiries@deloitte.com

Enterprise Sustainability Programme

The Enterprise Sustainability Programme (ESP) supports Singapore businesses to build capabilities in sustainability and capture new opportunities in the green economy. As part of the initiatives under the ESP, Enterprise Singapore has partnered industry players to conduct a series of ESP-Sustainability Courses to help businesses build awareness and knowledge in sustainability.

These courses provide guidance to help Singapore companies, especially SMEs assess their current sustainability performance, identify areas for improvement, and implement sustainable practices that align with their business goals.

The ESP Foundational Course aims to equip business leaders with basic awareness and knowledge of sustainability, and serves as a foundation for businesses seeking to build capabilities for the green economy and develop a plan for sustainability efforts. Participants are provided access to tools and resources to assess the current sustainability readiness and performance of their businesses.

Deloitte’s Introduction to Corporate ESG for SMEs is one of the ESP Foundational Courses.

To know more about Enterprise Sustainability Programme - Sustainability Courses, please click here.

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