Course

[22 August 2024] Unlocking Carbon Emissions and ISSB Standards for Real Estate Industry

OVERVIEW

With the Singapore Exchange (SGX) mandating all listed companies align climate disclosures with the ground-breaking International Sustainability Standards Board (ISSB) Standards by FY2025, developers are under the sustainability spotlight. The ISSB framework seamlessly integrates climate data with financial statements, demanding robust processes to ensure disclosure quality matches financial reporting standards. This pioneering approach empowers investors with complete, reliable sustainability insights beyond just climate impacts.

For Singapore's real estate developers, getting ahead of this climate transparency wave is mission critical. Aligning with the ISSB Standards future-proofs reporting capabilities, unlocking a sustainable competitive edge in the new green economy.

TOPICS COVERED

•  Introduction to greenhouse gas (GHG) emissions reporting and landscape in the real estate development industry
• Deep dive into Scope 1,2 and 3 emissions with relevance to the real estate development industry
• Best practices in GHG emissions reporting and case studies
• Introduction to ISSB
• Key concepts in IFRS ISSB S1 and S2 Standards (including explanation on materiality, transition reliefs and quantitative scenario analysis)
• Disclosure practices and how companies in the real estate industry have adopted the standards
• The role of climate-related disclosures in financial statements
• How real estate companies can prepare for the ISSB’s global baseline of disclosure requirements
• Deep dive into SASB Standards (Real Estate)

LEARNING OUTCOMES

• Understand the critical role of GHG emissions reporting for environmental sustainability, corporate reputation, regulatory compliance, and financial performance within the real estate industry.
• Gain a comprehensive understanding of Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased energy), and Scope 3 (all other indirect emissions) and their specific relevance to real estate operations.
• Learn best practices for accurate GHG emissions measurement and reporting, including overcoming common challenges and utilizing available tools and resources for effective emissions tracking.
• Prepare for the International Sustainability Standards Board (ISSB) and Sustainability Accounting Standards Board (SASB) standards, understanding their impact on financial statements and how to integrate climate-related disclosures into business practices.

TARGET AUDIENCES

• Sustainability professionals in real estate developers and property companies in Singapore
• Legal/Compliance professionals in the real estate development industry
• Investor Relations professionals engaging with SGX disclosure requirements
• Asset Managers

CPD Points

3 PDU (PEB)

1 CPD Points (BOA-SIA)

4 CPD Points (SGBC-GMAP)

KNOWLEDGE PARTNERS

Josephine Tam

Director, Management Services, BDO

With over 15 years of experience in management consulting across multiple regions. Josephine’s expertise encompasses sustainability reporting, carbon accounting and reporting, GHG review, and sustainability development. Her knowledge has guided organisations towards transparent sustainability practices, accurate carbon footprint measurement, and meaningful reductions in greenhouse gas emissions. Her strategic advice integrates sustainability into business operations, driving long-term growth and environmental stewardship.

Racia Yoong 

Sustainability Manager, Management Services, BDO

Racia is recognised for her expertise in corporate sustainability reporting, climate risk assessment, carbon accounting, responsible financing, ESG IPO readiness, and strategy development. Racia has been instrumental in guiding numerous clients through their ESG initiatives, creating sustainability reports, conducting carbon inventories, developing ESG strategies, and establishing sustainable finance frameworks.

Wee Jieqi 

Senior Consultant, Management Services, BDO

With a fervent dedication to ESG strategy and transformation, Jieqi excels in steering organisations toward sustainable practices and fortifying their long-term climate resilience. She is adept at providing bespoke sustainability advisory and assurance strategies that cater to the unique needs of her clients. Jieqi is also a champion of building internal organisational capabilities in ESG, helping clients navigate and mitigate sustainability-related risks with strategic, forward-thinking solutions.

*Please be advised that we do not accept cancellation after registration. However, participants may wish to register their replacements for the workshop.

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