External Assurance for Climate Reporting in Singapore Explained
External assurance is becoming a mandatory part of climate reporting in Singapore. In Episode 10 of GreenCo's Singapore Green Plan series, we explain when external limited assurance of Scope 1 and Scope 2 greenhouse gas (GHG) emissions will be required, which companies are affected and who can provide it.
What You'll Learn in This Video
- When limited assurance of Scope 1 and Scope 2 GHG emissions becomes mandatory
- Which companies are affected
- The role of ACRA-registered audit firms and testing, inspection and certification (TIC) firms accredited by the Singapore Accreditation Council (SAC)
- The international assurance standards that will apply
Why Climate Assurance Matters
Assured emissions data gives investors, lenders and regulators greater confidence in your climate disclosures and reduces the risk of greenwashing claims. Preparing early, with clear data trails, controls and documentation, makes the first assurance engagement far smoother. Note that ACRA and SGX RegCo extended assurance timelines in August 2025. Learn about GreenCo's sustainability report verification and assurance and GHG emissions calculation services.
Watch the Full Singapore Green Plan Series
Previous: Episode 9 – Reporting Reliefs Explained
Next: Episode 11 – Registered Climate Auditors Explained
#ClimateReporting #ExternalAssurance #SingaporeGreenPlan #ESG #GHGEmissions #SustainabilityReporting
Learn with GreenCo: All-Round ESG Advisory, Built from Scratch
These learning videos are produced by GreenCo, an ESG and climate risk advisory firm in Singapore and Hong Kong that has supported more than 80 listed companies since 2016. We provide all-round ESG advisory services under one roof, from sustainability reporting and climate disclosures to GHG accounting, climate scenario analysis, ESG ratings and assurance. We can build your ESG framework, data processes and reports from scratch, and our consultants stay actively involved throughout the whole project, not just at kick-off and sign-off.
We use AI and digital tools to work faster, but AI is a tool, not the advice. The real value comes from our consultants' professional judgement: understanding your business, interpreting the rules, challenging the numbers and making sure every disclosure stands up to scrutiny.
Our Values
- Integrity – credible, decision-useful disclosures, prevent greenwashing.
- Partnership – hands-on involvement from day one to end of project.
- Tailored expertise – solutions built around your business.
- Knowledge sharing – making ESG regulations clear and accessible for everyone.
- Innovation – using technology to make sustainability work more efficient.
Our Team's Professional Credentials
- Fellow Certified Public Accountant (FCPA)
- Chartered Financial Analyst (CFA) – CFA Institute
- Financial Risk Manager (FRM) – Global Association of Risk Professionals (GARP)
- Certified ESG Analyst (CESGA)
- Sustainable Investing Certificate – CFA Institute
- GRI Certified Professional
- Practitioner Member – Institute of Sustainability and Environmental Professionals (ISEP)
- GRI Certified Sustainability Professional – Global Reporting Initiative (GRI)