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Learn MoreThere is a growing international emphasis on enhancing climate-related disclosures for a more comprehensive comprehension of the impacts of climate change.
ISCA, supported by the ISCA Sustainability and Climate Change Committee (SCCC) has launched two specialised programmes:
Targeted at accounting and other professionals who are supporting their organisations in sustainability reporting
Targeted at accounting and other professionals who are involved in providing assurance to sustainability reports
**In Jul 2023, the Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) launched a public consultation on the recommendations by the Sustainability Reporting Advisory Committee (SRAC) to advance climate reporting in Singapore. The SRAC recommended that assurance over mandatory climate reporting be provided by ACRA-registered audit firms and Testing, Inspection, Certification (TIC) firms accredited by the Singapore Accreditation Council. There are also additional requirements for the signing individuals. The public consulation closed in Sep 2023 and the recommendations are expected to be finalised in 2024.
These initiatives aim to equip individuals with the essential skills in sustainability reporting and/or assurance, including embarking on a decarbonisation journey for their organisations to mitigate risks and capture emerging opportunities by calculating the Scope 1, 2, and 3 carbon footprints, set emissions reduction targets, develop climate transition action plans and report on the organisations' performance.
ISCA Sustainability Professional Certification | ||
Foundational Modules | Professional Module | Capstone Module |
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16 hours (Category 1) | 18 hours (Category 1) | 21 hours (Category 1) |
The ISCA Sustainability Professional Certification programme is co-funded by ACRA.
ISCA Sustainability Assurance Professional Certification | ||
Foundational Modules | Professional Modules | Capstone Module |
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28 hours Category 1: 16 hours | 36 hours Category 1: 18 hours | 21 hours Category 3: 21 hours |
Note: Category 3 hours are subject to changes.
Please click on Programme Header to find out more about the module coverage.
For information purposes, below are the definitions of the different categories:
Category 1: Financial and Sustainability Reporting Standards and Pronouncements
Category 3: Auditing and Assurance Standards, Pronouncements and Methodology
Programme Duration:
Participants are given six (6) months to complete the Programme(s) from the date of registration or on 3 months from the date of the Capstone Module session selected (whichever later).
Programme Requirements:
The E-Learning modules under the programme(s) are administered through an e-learning platform and includes the following:
The Capstone module under the programme(s) is a face-to-face session and includes the following:
**In Jul 2023, the Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) launched a public consultation on the recommendations by the Sustainability Reporting Advisory Committee (SRAC) to advance climate reporting in Singapore. The SRAC recommended that assurance over mandatory climate reporting be provided by ACRA-registered audit firms and Testing, Inspection, Certification (TIC) firms accredited by the Singapore Accreditation Council. There are also additional requirements for the signing individuals. The public consulation closed in Sep 2023 and the recommendations are expected to be finalised in 2024.
Is this an e-learning or physical programme?
The foundation and professional modules are e-learning, while the capstone is a 3-day classroom session.
What can I expect in the e-learning modules?
Each e-learning module includes recorded training content, interactive activities, reading resources, and learning quizzes. There will be an assessment at the end of each e-learning and participants should achieve at least 80% correct answers to pass (unlimited attempts).
What can I expect in the Capstone modules?
The capstone module includes a 3-day training session. Dates are preselected during the registration of the programme. Participants are expected to work in groups on a Capstone Project and present to a panel of sustainability experts. The project group size will be determined based on the class size.
Will I be able to access all modules after I register for the programme?
The modules 101, 102, 103, 104 and 201 will be released progressively from 29 Nov 2023 via the ISCA Learning Management System. Participants are required to complete the modules in sequence. All e-learning modules are expected to be released by 31 December 2023, with the exception of assurance modules.
The assurance modules 105, 106, 202 and 302 will be will be made available in early Quarter 3 of 2024. The 6 months validity of the e-learning will be extended for another 6 months from the time when the assurance modules are made available.
Is there any funding for the programme?
The programme is eligible for UTAP funding. NTUC union members enjoy 50% unfunded course fee support, capped at $250 or $500 (aged 40 years old and above; this will apply from 1 July 2020 to 31 December 2025) each year when they sign up for courses supported under UTAP.
What are the reporting standards covered in Modules 103 and 104?
The modules will focus on the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB). The modules will also provide an overview of other prominent standards and frameworks:
• Task Force on Climate-related Financial Disclosures (TCFD)
• European Sustainability Reporting Standards(ESRS)
• Global Reporting Initiative (GRI)
• Carbon Disclosure Project (CDP)
• Sustainability Accounting Standards Board (SASB)
What are the assurance standards covered in Modules 105 and 106?
The modules will focus on sustainability assurance in accordance with ISSA 5000.
Participants will also obtain an understanding of:
• ISAE 3000/SSAE3000
• ISO 14064-3
• Assurance requirements in Singapore pursuant to the recommendations of the Sustainability Reporting Advisory Committee (SRAC)
If I am not a public accountant, can I provide assurance services after completing the ISCA Sustainability Assurance Professional Certification?
For assurance services on the anticipated mandatory climate reporting proposed under the ACRA's and SGX RegCo's consultation paper on the recommendations by the Sustainability Reporting Advisory Committee (SRAC), the SRAC's proposal is to only allow ACRA-registered audit firms and SAC-accredited TIC firms to register as climate auditors. There are also additional requirements for the signing individuals. You may refer to the recommendations in Section E of the consultation paper for more information.
For other types of sustainability assurance, which are voluntary, for example assurance over other aspects of the sustainability report, the current exposure draft of ISSA 5000 is proposed to be profession-agnostic, i.e. non-public accountants may be able to provide such assurance as well, provided they meet certain requirements under the standards.
Kindly note that the above are still in the process of finalisation, and these may change when they are finalised. There may also be new consultations which may change the regulatory landscape and requirements.
Who are the trainers in this programme?
This is an ISCA certification, developed by established external content developers and supported by the ISCA Sustainability and Climate Change Committee (ISCA SCCC).
I don't have any knowledge in the area of Sustainability. Can I register for the programme?
Yes. Recognising that everyone is at different stages of their sustainability journey, the certifications take learners through the course in 3 progressive stages, consisting of the foundation, professional, and capstone modules.
Click here to view CPE Terms and Conditions. ISCA reserves the right to amend the terms and conditions at any time without prior notice.
This programme is eligible for UTAP funding. Under UTAP, NTUC union members enjoy 50% unfunded course fee support, capped at $250 or $500 (aged 40 years old and above; this will apply from 1 July 2020 to 31 December 2025) each year when they sign up for courses supported under UTAP.
ISCA Sustainability Professional Certification | ISCA Sustainability Assurance Professional Certification |
For more details, reach out to us at academy@isca.org.sg.