Singapore Sustainability Reporting (IFRS S1 & S2) Reporting Simplified with CCR
Singapore is leading Asia’s shift to transparent, globally aligned climate disclosure with mandatory reporting from 2025, adopting ISSB’s IFRS S1 and S2 standards. CCR’s AI-enabled Sustainability Management Solution automates the entire compliance process — from data capture to assurance-ready report generation — ensuring seamless alignment with Singapore’s new framework.
Understanding Singapore’s Reporting Framework
Singapore’s sustainability disclosure regime builds directly on the ISSB’s IFRS S1 and S2 global baseline, integrating financial and non-financial data to create comparable, decision-useful information for investors.
CCR helps companies:
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Centralise ESG, climate, and governance data in one secure system.
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Automate mapping of disclosures to IFRS S1 and S2 requirements.
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Integrate sustainability performance into risk and finance functions.
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Use AI analytics for insight, forecasting, and assurance readiness.
Simplify Compliance and Disclosure Management
CCR enables Singaporean organisations to design and manage their sustainability programmes end-to-end — from carbon accounting to risk assessment — in one unified platform.
Regulatory Context
The Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) jointly announced these standards based on the Sustainability Reporting Advisory Committee (SRAC) recommendations.
The framework expands on the Task Force on Climate-related Financial Disclosures (TCFD) requirements (in place since 2022) to create a comprehensive, ISSB-aligned reporting structure.
Implementation Timeline
- From FY 2025: All listed companies must disclose Scope 1 and Scope 2 GHG emissions and report under IFRS S2’s four pillars — Governance, Strategy, Risk Management, Metrics & Targets.
- From FY 2026: Larger listed entities must also report Scope 3 emissions, with SGX RegCo introducing thresholds based on market capitalisation.
CCR’s solution automates emission calculations and generates IFRS S2-aligned climate statements with full audit traceability.
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- Climate & GHG Emissions: Track Scope 1–3 emissions under the GHG Protocol.
- Nature & Biodiversity: Monitor resource use, pollution, and restoration initiatives.
- Resource Efficiency & Waste: Measure energy, water, and waste reduction progress.
- Circular Economy: Document and report reuse and recycling strategies.
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- Labour practices and diversity monitoring.
- Human rights and ethical supply chains.
- Health and safety performance tracking.
- Community impact and stakeholder engagement for sustainable development.
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- Board diversity and ESG oversight.
- Anti-corruption and data privacy programmes.
- Executive remuneration alignment with sustainability targets.
- Whistleblowing and governance audit systems.
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- Materiality: Automated financial materiality assessments.
- Governance: Role-based oversight and policy tracking.
- Strategy: Scenario modelling and target management.
- Risk Management: Platform based risk and scenario modelling.
CCR: Your Complete Solution for Singapore’s IFRS S1 and S2
Singapore’s adoption of IFRS S1 and S2 marks a shift to globally consistent sustainability reporting.
CCR’s Intelligence Platform supports every dimension of this framework — environmental, social, governance, and risk — through structured data, automation, and AI-driven analysis.
With CCR, sustainability management becomes measurable, auditable, and strategically integrated.
Understanding Singapore’s Sustainability Reporting Framework
The Strategic Value of IFRS S1 and S2 for Singaporean Companies
The introduction of IFRS S1 and S2 brings more than regulatory alignment — it delivers measurable business and reputational value.
By integrating sustainability and financial disclosure, companies can:
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Access green and sustainability-linked finance to support growth.
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Strengthen trust with regulators, investors, and key stakeholders.
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Benchmark transparently against global peers and competitors.
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Improve enterprise risk management and organisational resilience.
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Enhance ESG ratings, credibility, and overall brand value.
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Streamline reporting obligations across multiple jurisdictions and standards.
Through CCR’s Intelligence Platform, organisations can automate these reporting elements, connect sustainability data with financial insights, and produce high-quality disclosures that meet both local and international expectations.
Global Alignment and Integration
Singapore’s framework mirrors the ISSB’s IFRS S1 and S2 global baseline and integrates the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.
This ensures that Singaporean companies report in a manner consistent with international peers, enabling cross-border comparability and investor confidence.
CCR simplifies this alignment by automatically mapping data across multiple frameworks — including IFRS, CSDS, ASRS, and ISO — providing a unified view of performance and compliance readiness.
Financial Materiality and Decision-Useful Disclosure
Under Singapore’s IFRS-aligned approach, financial materiality is central. Companies must disclose sustainability-related risks and opportunities that could affect cash flows, cost of capital, or access to finance.
CCR’s platform helps identify, rank, and visualise these financially relevant risks through dynamic dashboards, ensuring that every disclosure is grounded in investor relevance and strategic importance.
Through CCR’s Intelligence Platform, organisations can automate these reporting elements, connect sustainability data with financial insights, and produce high-quality disclosures that meet both local and international expectations.
Governance, Strategy, and Risk Integration
Singapore’s IFRS S1 and S2 frameworks require companies to integrate sustainability considerations into governance, strategy, and risk management structures.
CCR’s platform enables seamless implementation of these four pillars:
Governance
Board and management oversight of sustainability risks and opportunities.
Strategy
Integration of climate considerations into corporate objectives and decision-making.
Risk Management
Identification and monitoring of sustainability risks across the value chain.
Metrics & Targets
Measurement and tracking of progress through robust KPIs and GHG inventories.
This structured approach embeds sustainability within business planning, performance tracking, and long-term value creation.
Overcoming Common Reporting Challenges
Implementing IFRS S1 and S2 can be complex, but CCR’s Intelligence Platform resolves these challenges through:
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Centralised data integration across departments and functions.
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Automated and AI enabled sustainability reporting workflows.
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Predictive analytics and insights into emissions.
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Multi-standard export capability for cross-framework compliance.
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Built-in traceability to strengthen assurance and audit readiness.
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Continuous alignment with updates from ACRA and SGX RegCo.
Beyond Compliance: Driving Sustainability Excellence
At CCR, we see sustainability reporting as a catalyst for transformation, not a checklist.
Singapore’s IFRS S1 and S2 frameworks empower companies to connect environmental and financial performance — and CCR makes that connection seamless.
Our solution turns data into insight, ensuring that every disclosure adds strategic value to your organisation’s growth and reputation.
Produce your Singapore IFRS S1 and S2 reports confidently with CCR — and lead Asia’s sustainable future with clarity, credibility, and impact.