Sustainability Training for SGX-listed entity directors commences
March 2022
SGX has announced eight sustainability training courses that directors of listed entities may can attend to obtain basic knowledge on sustainability matters.
Directors are required to attend one of the courses to meet SGX’s enhanced sustainability reporting rules which mandate sustainability training for all directors of issuers with equity listed on the SGX. SGX-listed entities will need to confirm that their directors have attended sustainability training, in their first sustainability report for financial years commencing on or after 1 January 2022 and which is issued in 2023 or later.
The training courses are conducted by Global Compact Network Singapore (GCNS), PricewaterhouseCoopers (PwC) and Singapore Environment Council (SEC), each in partnership with Enterprise Singapore, Institute of Singapore Chartered Accountants (ISCA) with SAC Capital, REIT Association of Singapore (REITAS), Singapore Institute of Directors (SID) and University of Cambridge Institute for Sustainability Leadership (CISL) with Earth on Board (EoB).
The courses are of different durations and conducted virtually or in-person. Additionally, first-time board directors of listed entities can meet the requirement for sustainability training by attending from the Listed Entity Directors’ programme at SID from May 2022.
The following are details on the various sustainability courses for listed company directors, categorised by training provider.
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Course Name: Foundations in Corporate Sustainability
Commencement Date: March 2022
Contact Details: https://bit.ly/FdnsinCorporateSustainability
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Course Name: ESG Essentials for SMEs: Kickstart your ESG Journey
Commencement Date: March 2022
Contact Details: https://www.pwc.com/sg/en/academy/academy-public-seminars/esg-essentials-for-smes.html
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Course Name: Putting Sustainability into Practice for Business
Commencement Date: March 2022
Contact Details: https://sec.org.sg/our-programmes/training-and-education/putting-sustainability-into-practice-for-business/
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Course Name: Sustainability E-Training for Directors
Commencement Date: July 2022
Contact Details: https://isca.org.sg/learn-connect/cpe-courses/certification-programmes/sustainability-e-training-for-directors
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Course Name: What you need to know as an Independent Director of a REIT Manager - How Boards can drive the Sustainability Agenda
Commencement Date: March 2022
Contact Details: https://www.reitas.sg/events/upcoming-events/
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Course Name: ESG – Environmental, Social and Governance Essentials
Commencement Date: May 2022
Contact Details: https://www.sid.org.sg/ SID_Curriculum/Essentials/ESG/Web/ Professional_Development/Courses/ Essentials/Environmental_Social_and_Governance_Essentials.aspx
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Course Name (1): Cambridge-EoB Online sustainability programme for Directors in Singapore
Commencement Date: Q2 2022
Course Name (2): Cambridge-EoB Advanced in-person sustainability programme for Directors in Singapore
Commencement Date: October 2022
Contact Details: https://www.earthonboard.org/singapore-directors-programmes