Helping Singapore companies fulfil their sustainability roadmap through standards adoption
Helping Singapore companies fulfil their sustainability roadmap through standards adoption
Many local companies are unaware of what sustainability means and the importance it holds for their business. The world is fast-changing with climate change, global pandemic and economic crisis affecting businesses around the world. It is now more critical than ever for businesses to play a part in building a more sustainable and prosperous future.
However, we understand that it is often a challenge to work effectively with limited resources on sustainability efforts without compromising on daily operations. That is why we are here to help.
Today, there is a clear business case for companies to pursue sustainable development in driving growth, mitigating risks, and attracting capital.
As part of the Enterprise Sustainability Programme (ESP), the Sustainability-as-a-Service programme by TÜV SÜD PSB will support local companies in meeting customer and regulatory requirements through an online self-assessment, training, and certification approach. It will help raise awareness of new concepts and drive standards to fulfil their sustainability roadmap.
Eligible companies can be granted funding of qualified costs for the SaaS Programme.
What management system standards does the Sustainability-as-a-Service (SaaS) Programme cover?
The above standards are aligned to UN Sustainability Development Goals.
Benefits of Sustainability-as-a-Service (SaaS) programme
3 steps to adopt standards with the Sustainability-as-a-Service (SaaS) programme
The SaaS programme will equip organisations to kickstart their sustainability journey in adopting standards through 3 steps: 1) Online self-assessment, 2) Training, 3) Certification.
The applicant will go through a set of online self-assessment questions to understand their current management system performance and gain insights on the gaps to achieve the certification.
This is a prerequisite before the applicant moves to the next steps, Training and Certification.
There will be no consultancy or advisory service provided in the online self-assessment.
Participants will undergo the public training programme, introducing them to the principles, requirements and practices of the selected management system standard. Participants will learn how they can contribute to the continuous improvement of the management system. The training programme comprises of:
Applicants may choose to attend the public training programme in their preferred training format:
After building the necessary capabilities, a pre-certification audit will be conducted onsite by an auditor prior to the actual certification audit.
The Enterprise Sustainability Programme (ESP) supports Singapore businesses on sustainability initiatives and to capture new opportunities in the green economy. As part of the ESP, TÜV SÜD PSB launched the Sustainability-as-a-Service Programme, supported by Enterprise Singapore, to help enterprises adopt sustainability standards.
Eligible companies can be granted 70% funding of qualified costs under the Sustainability-as-a-Service Programme. Funding will be capped at one-time training programme (comprising awareness, implementer and internal auditor training) for 1 participant and one-time certification fee. There will be no funding provided for re-certification/ training for >1 participant and additional services rendered by TÜV SÜD PSB.
Eligibility Criteria
Applicant is liable to full payment if found ineligible
Note: Companies which prefer to engage different training or certification bodies may apply directly with Enterprise Singapore for the Enterprise Development Grant (EDG). Companies may refer to Enterprise Singapore’s website for more information on the EDG.
Supported by:
Application Process
1) Check if you qualify for the Sustainability-as-a-Service (SaaS) Programme
2) Apply for the programme through the enquiry form below
3) Prepare the following documents provided by TÜV SÜD:
i. Latest ACRA search or instant information (dated no earlier than six months from date of project application). If there are corporate shareholders, please provide the information for the corporate parents as well.
ii. Completed TÜV SÜD’s Declaration Form
iii. Completed Standard Questionnaire
4) Submit signed quotation and payment confirmation
5) Prebook training courses (if applicable)
6) Prebook audit dates upon completion of training (if applicable)
The programme will provide you with a set of online self-assessment questions (Online self-assessment) to understand your current management system performance, as well as a public training programme introducing you to the principles, requirements and practices of your selected management system standard.
There will be no consultancy and advisory services provided by TÜV SÜD PSB. Any services relating to consultancy will not be covered under the SaaS programme.
Funding will be capped at one-time training programme (comprising awareness, implementer and internal auditor training) for 1 participant and one-time certification fee. There will be no funding provided for re-certification/ training for >1 participant and additional services rendered by TÜV SÜD PSB.
All applications and supporting documents will be submitted to Enterprise Singapore through TÜV SÜD PSB for final assessment and review. Only applications that fulfil ESG’s eligibility criteria will be successful.
Those who prefer to engage a different training/ certification body or engage consultancy firms to support standards adoption, you may apply directly with Enterprise Singapore for the Enterprise Development Grant (EDG) for funding support. Enterprise Singapore will assess your applications. Please refer to Enterprise Singapore website for more information.
i. Latest ACRA search or instant information (dated no earlier than six months from date of project application). If there are corporate shareholders, please provide the information for the corporate parents as well.
ii. Completed Declaration Form
iii. Completed Standard Questionnaire
All applications and supporting documents will be submitted to Enterprise Singapore through TÜV SÜD PSB for final assessment and review. Only applications that fulfil ESG’s funding eligibility criteria will be successful.
While making sustainability more objective-oriented, companies also strive to create business value. Experts suggest that corporate sustainability programs foster business value through growth, capital returns, and risk management.
Sustainability refers to a business opportunity companies must leverage through innovation and examining new ideas. These opportunities can help organisations explore and expand to newer markets. Additionally, well-planned and well-thought corporate sustainability programs can guide portfolio-level investment decisions of companies worldwide.
Customers are willing to spend more on sustainable products and services that serve them for a long time and benefit them in the long run. It contributes to higher revenue and increased capital returns. Besides, companies can limit operating costs through lean and efficient resource management. That is how a business can expect growth in profits and savings with sustainability compliance.
Corporate sustainability programs and sustainability compliance reduce the risk of disruptions arising from non-compliance and the ongoing climate change. Strict adherence to the program guidelines can help create a positive brand reputation and minimise disruption risks that affect brand image and reputation.
TÜV SÜD’s experts leverage their several years of cumulative experience to create a comprehensive sustainability compliance program. The program focuses on managing risks, increasing returns in capital and fostering business growth.
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