Sustainability Strategy Development

sync Identify gaps and opportunities to develop a sustainability strategy that guides and strengthens sustainability efforts.

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About this scope

Assists businesses in identifying gaps and opportunities to develop a sustainability strategy or roadmap that guides efforts and strengthens sustainability outcomes.

You may select one of the options below for your project. All areas of support listed under each option are mandatory.

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    Receive grants up to 70% of eligible cost for SMEs or 50% of eligible cost for non-SMEs, capped at S$50,000
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    Application outcome in 6 weeks

Companies can select either of the following project types:

  • Option A: Sustainability strategy development
  • Option B: Sustainability strategy development + sustainability reporting (SR)
  • Option C: Sustainability strategy development + sustainability reporting (SR) + assurance of SR

Areas of support:

Sustainability strategy development
ESG materiality assessment
Identify and prioritise key environment, social and governance topics
Data collection system / template
Facilitate tracking of sustainability data in a consistent and organised way
Gap assessment for material areas
Identify key topics / areas with significant impact
Sustainability risk and opportunity assessment
Review and identify areas to manage risks and capture opportunities
Strategy / roadmap development
Develop a plan to achieve sustainability goals

Sustainability reporting
Sustainability report
Formulate a report aligned to global standards / frameworks (e.g. GRI, TCFD)

Assurance of sustainability report
Assurance of sustainability report
Verify information for enhanced credibility

Pre-requisites

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    Applicant company is registered and operating in Singapore with at least 30% local equity

Additional requirements for Options B and C:

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    This should be the company's first sustainability report
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    Applicant company is not subject to mandatory climate-related disclosures based on ISSB standards by SGX or ACRA

Note: Mandatory ISSB reporting applies to: 1) All listed companies, and 2) Non-listed companies with revenue exceeding $1 billion and assets exceeding $500 million.

Deliverables

At the end of your project, you are required to submit:

  • Option A: Sustainability strategy development
    1. A strategy comprising findings from the scope requirements outlined

  • Option B: Sustainability strategy development + sustainability reporting (SR)
    1. A strategy which comprises findings from the scope requirements outlined
    2. A sustainability report aligned with international standards

  • Option C: Sustainability strategy development + sustainability reporting (SR) + assurance of SR
    1. A strategy comprising findings from the scope requirements outlined
    2. A sustainability report aligned with international standards
    3. An assurance report

How to apply

Before you apply
Step 1: Choose a package from a pre-approved vendor 

This grant only supports solutions from a pre-approved vendors. Each vendor offers several packages. You will be redirected to IMDA to explore and configure your preferred solution.

Step 2: Prepare your documents

As part of the application, you will be required to submit the following documents:

  • Documents required for application
Step 3: Apply on the Business Grants Portal (BGP)

Sign in to your Corppass account to transact on the BGP portal. Sign up if you do not have a Corppass account yet and refer to this guide for help.

The applicant company must directly apply for and manage the grant. Third party applications or management are not permitted to do so.

You can log in to BGP and view the status of your grant application under the “My Grants” section. We may contact you via the BGP for clarifications.

After you apply
Step 4: Receive your Letter of Offer

If your grant is awarded, your company will receive a Letter of Offer with the following details:

  • Conditions of support
  • Amount of grant awarded
  • Project qualifying period
  • Project deliverables


You will need to accept the Letter of Offer within the specified timeline.

Step 5: Complete your project

Please ensure that your solution:

  • is purchased or subscribed as approved in the application
  • has been deployed and installed for at least 30 days
  • has been paid in full
Step 6: Submit your claims

Please submit your claims via the BGP with the following documents by the claim due date specified in your Letter of Offer:

  • Documents required for claims
Step 7: Receive your disbursement

You will be notified via email when your claim has been approved. The approved claim amount will be disbursed via Corporate PayNow or GIRO to your designated bank account.

  • Set up your mode of disbursement

    PayNow Corporate (preferred)

    • You are encouraged to register for PayNow Corporate with your UEN +3 alphanumeric suffix (if applicable) through your respective banks in three simple steps:
      • Contact your bank or log in to your bank’s internet banking or mobile banking app.
      • Link your UEN to the bank account. You can add a 3-digit alpha-numeric suffix to your UEN to create multiple PayNow proxies.
      • Enter your name to complete the setup.
    • Once your PayNow Corporate account is set up, submit your details via Business Grant Portal (BGP) claim form.
    • With PayNow Corporate, grant applicants can receive their grants quicker, within 14 working days after approval of claims.

    GIRO

    • Alternatively, you may also make payments via GIRO. For payments via GIRO, kindly submit your bank account details via FormSG here. Do note that disbursement via GIRO may take up to eight weeks after approval of claims.

    In the event that no PayNow Corporate or GIRO has been set up, we are unable to disburse the claim.

Ready to apply?

Submit your application on the Business Grants Portal (BGP) now.

Apply with pre-approved vendor

Sustainability Strategy Development

Apply now