SUSS-RSM ESG Reporting Challenge

Environmental, Social and Governance (“ESG”) issues are impacting how organisations are publicly perceived. With this growing emphasis, companies are increasingly aware of the benefits that sustainability reporting brings to both investors and companies. Major stock exchanges around the world have made ESG disclosure mandatory in recent years and more will be done to improve the quality of ESG reporting.

Jointly organised by RSM Singapore and the Singapore University of Social Sciences (SUSS), this competition provides a platform for SUSS undergraduates to learn more about ESG reporting and apply concepts in the real world. Participants are required to research and write an ESG report for a public listed company on the Singapore Stock Exchange.   

About ESG reporting: https://www.sgx.com/regulation/sustainability-reporting

Requirements:

1. Prepare a Sustainability Report (the “Report”) for the specified company (the “Company”) based on publicly available information. Participants may have to make certain assumptions, such as the Company’s sustainability governance structure, and policies/practices/performance of relevant material topics.
2. The Report shall be prepared in accordance to the Global Reporting Initiatives (GRI) Standards 2021.
3. Participants must identify and articulate the Company’s contributions to the relevant United Nations Sustainable Development Goals (UN SDGs) in the Report.
4. Participants must also draw reference from the Sustainability Reporting Guide of Practice Note 7.6, in meeting the primary components as set out in Rule 711B of Singapore Exchange Securities Trading Limited (the “SGX-ST”) Listing Manual.

The Company:

1. Name: Memiontec Holdings Ltd
2. Website: http://memiontec.com/
3. Annual Report 2020: http://memiontec.com/wp-content/uploads/2021/03/Memiontec-Annual-Report-2020-1.pdf

Competition Deadlines

Pre-competition webinars

Students who are participating in this challenge are strongly encouraged to attend these webinars:

The recordings of the webinars will be sent to you after you have registered for the challenge.

Introduction to Global Reporting Initiatives (GRI) Standards' webinar - What will be covered

Part 1:

• Overview of GRI Standards
• GRI 3 Materiality Assessment
• Understanding the GRI Topic Standards

Part 2:

• GRI 1 Foundation
• GRI 2 General Disclosure
• Structure and content of a sustainability report

Eligibility:

SUSS undergraduates of all disciplines can take part in this competition, individually or as a group of up to 4.

Judging Panel:

Mr Low Kian Beng, Executive Director, Memiontec Holdings Ltd

Mr Sovann Giang, Senior Director & Lead of ESG Practice, RSM Singapore

Judging Criteria:

1. Scope and reporting framework
2. Environmental, Social, and Governance (ESG) structure
3. Selection and prioritisation of material topics
4. Write up on policies, practices and performance (make assumptions where necessary)
5. Include short, medium and long-term targets 

Prizes:

Submission:

All entries must be submitted in PDF format and should not exceed 30 pages (A4, Arial font, size 11, and excluding Annexes) via email to the Organiser ([email protected]) by the stipulated deadline.

          Click to Register

ENQUIRIES:

For enquiries, please contact Daryl Goh at [email protected] or 6594 7708.

Terms & Conditions:

1. The Report may be submitted by a student individually or as a group of up to 4;
2. Each student/group can only submit one entry;
3. By participating in the Competition, each participant agrees and consents to the collection, use, and disclosure of the participant’s name, photograph, image and/or voice recording, for the purposes of administering the Competition and for publicity-related activities in any manner the organiser deems appropriate;
4. Entries must be written and presented in English only; 
5. The Judging Panel’s decision is final, conclusive and binding. No appeal, enquiry and/or dispute will be entertained;
6. Prizes not claimed within six (6) months of the winners will be forfeited;
7. RSM Singapore (RSM) shall not be responsible for any claim, losses, damages and/or liabilities of any kind that may arise from or in connection with the Competition and/or prizes awarded;
8. The organiser and/or RSM reserves the rights to cancel, terminate or suspend the Competition with or without any prior notice and reason; 
9. By participating in the Competition, each participant shall be deemed to have agreed to be bound by the terms and conditions herein. The Organiser and/or RSM reserves the rights to change, delete or add to any of the terms and conditions and/or substitute or replace the prizes without prior notice.