ESG Practice

basic_illustrations-50-small_business.pngForge a Greener Tomorrow with RSM Today

In today’s business landscape, businesses are increasingly being held accountable for stakeholder impact, the environment, and the society. It is crucial for businesses to implement responsible and sustainable practices, instead of solely focusing on short-term profit maximisation.

A focused, long-term business strategy that integrates environmental, social and governance (ESG) considerations is imperative to strengthen sustainability ratings.

How Budget 2022 promotes innovation and sustainability

For the past two years, Singapore has invested much of its Budget into combating the COVID-19 pandemic and supporting businesses and households through the economic downturn. This year’s Budget 2022 entitled “Charting Our New Way Forward Together” was delivered by Singapore’s Finance Minister, Mr. Lawrence Wong, on 18 February 2022 amidst Singapore’s transition out of the pandemic and emergence into a new normal.

How Can REITs Manage the Transition to a Low-carbon Economy?

Climate change stands at the forefront of Environmental, Social and Governance (“ESG”) considerations by governments and sustainability conscious companies. To date, the world has fallen short of meeting its major Paris Agreement milestone according to climate scenarios modelled by the International Energy Agency (“IEA”).

Future Proofing the Built Environment Sector

The COVID-19 pandemic is an unprecedented crisis that continues to have widespread impact on many economies and industries. The Built Environment in Singapore is not spared. Continued border restrictions and required compliance with COVID-19 measures have reduced the supply of labour, resulting in companies needing to pay above market rate to secure labour.

The Future of ESG Reporting and Assurance

Amidst the growing emphasis on good sustainability practices and the desire for greater transparency by the public, particularly those from the younger generation, Environmental, Social and Governance (“ESG”) reporting and assurance are likely to become  commonplace.  

The Green Impact on Logistics and Transportation

Whilst the environmental impact of COVID-19 has yet to fully pan out, the tendency towards implementing green initiatives has grown in earnest over the last few years, with an increasing number of businesses across multiple industries getting in on the trend.