Our ESG advisory services and solutions in Singapore
BoardRoom’s team of experienced ESG professionals have specialist expertise in multiple APAC jurisdictions. We can help develop and implement a tailor-made ESG strategy for your business, supporting ongoing sustainability and profitability as a result.
BoardRoom takes a holistic approach to ESG, which helps our clients make better decisions on their material ESG issues. We help transform your organisation into a more socially accepted, environmentally friendly and sustainable business – while ensuring your competitive advantage is not only maintained but enhanced.
We can help with:
- Understanding the relevant ESG risks and opportunities for your business and quantifying their impact
- Setting ESG targets that align with improved financial performance to promote operational sustainability
- Empowering business leaders and middle management to hit ESG targets
- Drafting and building meaningful sustainability reports that deliver value
- Undertaking a materiality assessment to identify which ESG issues relate to your organisation
- Drafting a sustainability policy to streamline business processes
- Ensuring supply chain compliance with socially responsible business practices
- SaaS-based software solutions for data management simplification
- ESG due diligence to inform decision-making
- ESG Assurance to build trust with stakeholders and investors
ESG Access is an end-to-end enterprise software platform for the collection and management of ESG sustainability data. Our ESG reporting software enables you to simplify your data management and translate the data into valuable insights.
The platform leverages the efficiency of machine learning and the security of blockchain. It provides an efficient reporting process, with the ability to produce reports six times faster than standard consulting solutions.
We can help with:
- Streamlining your reporting on a shared platform
- Delivering an automated materiality assessment
- Applying industry-standard or customised reporting frameworks
- Ensuring compliance with ESG reporting standards
ESG Access also provides smart reporting suggestions, meaning employees at all experience levels can use the platform confidently.
With BoardRoom’s ESG Access platform, you can easily undertake a materiality assessment for your business.
As part of our ESG advisory services and solutions, our materiality assessment helps identify and prioritise the potential ESG issues that will need to be included in your strategy and operational decisions. It also takes into account global trends and regulatory shifts, ensuring your ESG efforts are proactive rather than reactive.
We can help with:
- Understanding your organisational context
- Assessing and meeting the ESG expectations of your stakeholders
- Conducting initial stakeholder consultations (including surveys)
- Identifying actual and potential ESG impacts, and assessing their significance
- Prioritising the most significant ESG impacts for reporting
Our ESG consultants at BoardRoom in Singapore provide full ESG life-cycle management for your business. Instead of seeing ESG as merely a box-ticking compliance exercise, we identify the specific ESG strategies that will benefit your business and then work with you to incorporate these strategies into your business model.
Full life-cycle management ensures all aspects of your business help to drive your ESG efforts, from your work culture and daily operations to your product portfolio and supply chain.
We can help with:
- Building a strong corporate culture of ESG through engagement with board members, organisational leaders and all staff
- Embedding ESG into all aspects of your organisation through a values-led approach
- Refreshing your board structure to help drive ESG values through the business
- Integrating the ESG agenda into high-level strategic decision-making
- Achieving high levels of transparency on environmental and societal impacts
- Appointing ESG champions throughout your organisation
- Establishing an ESG committee to support board effectiveness
BoardRoom also provides a range of follow-on services as required, from operating model changes to strategic initiatives such as M&A.
When assessing the ESG performance of a business, today’s investors look not only at climate risk mitigation measures but also into the business’s governance practices, including its approaches to social issues such as diversity and culture. Strong ESG initiatives are supported by good corporate governance.
Offering a suite of complementary corporate and advisory services, BoardRoom’s corporate governance team can work closely with our ESG experts to help your business establish practices that elevate company performance, increase competitive advantage and reduce your risk level in the eyes of investors.
We can help with:
- Ensuring your business acts in the best interests of stakeholders
- Achieving transparency and quality of corporate disclosures
- Implementing a customised, simplified process for gaining assurances
Frequently Asked Questions (FAQs)
1. What is ESG and why is it important for businesses?
Environmental, Social, and Governance (ESG) refers to the three core factors used to measure the sustainability and ethical impact of a business. The strength of these aspects of your business are now essential for your growth and success due to the increasing attention from investors and employees all around the world. A robust ESG proposition can enhance performance, deliver greater value, and attract customers, employees, and investors to join, support, and engage with your business.
2. How can BoardRoom help my company implement ESG strategies?
The BoardRoom team in Singapore offers various professional services (including advisory and consulting) designed to help your business implement new and refine existing ESG strategies. Our consultants can personally assist with any ESG questions you may have, allowing you to make better-informed decisions on ESG-related issues by helping you:
- Understand ESG risks and opportunities
- Set targets to meet specific goals
- Create and build sustainability reports
- Undertake materiality assessments to identify the most relevant ESG issues for your company
- Draft sustainability policies to streamline operations
- Incorporate SaaS-based software solutions to simplify data management
- Ensure supply chain compliance with socially and sustainably responsible business practices
3. How can ESG reporting benefit my business?
ESG reporting hosts a number of benefits for businesses. With the increasing importance of Environmental, Social, and Governance (ESG) factors in business processes and operations, effective ESG management and reporting can aid in risk reduction and operational efficiency improvements. This can further result in attracting investors and talent, improving stakeholder interaction, and staying on top of regulatory developments. It also shows that your business is committed to driving sustainable, socially responsible practices, boosting your reputation and brand image. Learn more about our ESG reporting services.
4. What are the advantages of ESG advisory services?
ESG advisory services can put businesses at a very competitive advantage. With these services, your company can rest assured that you are identifying and managing potential ESG risks in a professional and timely fashion, whilst filling in the gaps of any questions or misunderstandings you may have about ESG as a whole.
ESG consultants can also provide strategic advice to align your business practices with sustainable and ethical standards, and thus enhance operational efficiency through sustainable initiatives.
ESG advisory services also play a big role in helping ensure compliance with relevant laws and regulations, which can help your business avoid potential legal complications.
Overall, engaging the services of ESG consultants could give your company a competitive edge in the market by boosting its reputation and core values, whilst also improving employee engagement.
5. What other solutions does BoardRoom offer in addition to ESG services?
Other than ESG services, BoardRoom also offers various other leading business solutions for companies in Singapore and across the Asia-Pacific region, including:
- company secretarial;
- company incorporation;
- accounting and bookkeeping;
- payroll;
- share registry;
- employee stock option plans;
- XBRL conversion and filing;
- tax advisory and filing; and
- international accounting and tax.
We can also help your company get up with various management software tools, such as Xero cloud accounting software and Ignite online payroll software. For more information on how we can help your business, please reach out to our team today.