ACRA recently launched the Sustainability Reporting Body of Knowledge (SR BOK), coinciding with the International Sustainability Standards Board (ISSB) Preparer Readiness Training. The SR BOK provides a comprehensive framework of essential knowledge areas to guide training providers in developing quality programmes for professionals involved in sustainability reporting.
Advancing sustainable development is one of the key objectives under the Singapore Green Plan 2030. As we journey towards a sustainable, lower-carbon economy, Singaporeans pursuing careers in the rapidly growing field of sustainability and seeking upskilling opportunities will find it helpful to equip themselves with the knowledge and skills needed for sustainability-related roles.
With an increasing number of companies progressively disclosing climate-related information to meet stakeholder expectations, Singapore will need to build a talent pipeline to meet the growing demand for professionals who can take on sustainability reporting-related roles.
To equip professionals with the requisite sustainability reporting skillsets, ACRA has therefore developed the SR BOK, which outlines the essential knowledge areas needed in this field. Training providers should refer to the SR BOK to design specialised courses. This will help ensure consistency in the depth of training programmes across different training providers. ACRA is also working with SkillsFuture Singapore to provide funding support for BOK-aligned programmes.
This initiative is part of the broader national efforts under the Green Skills Committee (GSC) to equip the workforce with green skills. Through the GSC’s Sustainability Reporting and Assurance (SRA) Sub-Workgroup, which ACRA co-chairs with Enterprise Singapore and City Developments Limited, we have identified key skills and training needed to prepare climate and sustainability reports aligned with international standards and translated them into the SR BOK.
The launch of the SR BOK marks a significant milestone in Singapore’s efforts to build a robust sustainability reporting ecosystem and prepare professionals for upcoming regulatory requirements.
“ACRA is fully committed to helping companies build capabilities in sustainability reporting. With the Sustainability Reporting Body of Knowledge, training providers would be able to develop high quality programmes that not only prepare professionals for sustainability reporting but also meet the increasing market demands”, said Mrs Chia-Tern Huey Min, Chief Executive of ACRA, in her welcome address at the ISSB Preparer Readiness Training.
The SR BOK is designed to equip professionals with technical skills and competencies in greenhouse gas accounting and sustainability / climate reporting, enabling them to take on roles as specialists in preparing sustainability reports.
It has been validated by more than 50 key industry stakeholders including the GSC SRA sub-workgroup, company preparers, assurance providers, professional bodies and training providers through focus group discussions to ensure that it is aligned to industry needs.
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