LONDON / SINGAPORE -
Media OutReach Newswire
- 8 September 2025 - Forvis Mazars, a leading international audit, tax
and advisory firm, today announced a strategic partnership in Singapore
with
EcoOnline, a
global provider of safety and sustainability software. This partnership
will further enable Forvis Mazars and its clients to adopt EcoOnline's
advanced
environmental, social, and governance (ESG) solution,
enhancing the firm's own suite of sustainability reporting and
assurance services with a powerful, science-based technology tool.
This partnership is launched as Singapore companies have an extended
timeline to navigate mandatory climate-related reporting standards from
the Singapore Exchange (SGX) and the Accounting and Corporate Regulatory
Authority (ACRA). It also provides a timely solution for businesses
aligning with the ambitious goals of the Singapore Green Plan 2030 and
its target of net-zero by 2050.
EcoOnline's ESG software will directly support and enhance Forvis
Mazars' established sustainability services by providing clients with a
robust tool for data management, calculation and reporting. With the
timeline extended for most non-Straits Times Index (STI) companies,
organisations can evaluate gaps and build robust capabilities and
capacity to manage reporting challenges.
Key Forvis Mazars services to be augmented by the solution include:
- - Framework reporting advisory: Streamlining
the collection and analysis of ESG data for global and regional
reporting, fully aligned with Corporate Sustainability Reporting
Directive (CSRD), Global Reporting Initiative (GRI), Task Force on
Climate-related Financial Disclosures (TCFD) and other leading
frameworks and standards
- - Climate risk analytics:
Eliminating manual work around researching physical risk exposure and
impact assessment with location-specific, science-based data for
decision making
- - Carbon accounting: Utilising
the solutions independently verified calculation engine to ensure Scope
1, 2, and 3 emissions are credible to facilitate clients'
decarbonisation journey
- - Forecasting: Providing audit-ready, science-based outputs
and dynamic scenario modelling, auto-updated with live data, to help
organisations confidently plan their emissions reduction strategies and
evaluate multiple what-if scenarios
- - Sustainability assurance: Providing a clear, auditable
trail of data that strengthens the integrity of information for both
internal governance and external assurance.
EcoOnline's ESG and Sustainability solution was designed by
environmental scientists, including a Nobel Peace Prize laureate and is
recognised as a
Leader in the 2025 Verdantix Green Quadrant for ESG.
Built for enterprise-grade complexity, based on standards such as the
GHG Protocol, ISO 14064-1 and PAS 2050, it provides transparent,
accurate reporting that helps organisations meet goals, reduce costs and
increase overall performance.
"Although ACRA and SGX Reg Co have recently announced extended
timelines for non-STI listed companies to adapt climate related
disclosure, it is imperative for organisations not to pause, but take
the opportunity to build capabilities to support our national net-zero
agendas and be ready for mandatory assurance to improve investor
confidence," said
Lai Kee Yin, Partner in Technology, Digital & Sustainability Consulting at Forvis Mazars.
"We consistently hear from clients that their biggest challenge is
moving beyond narrative-based reports to produce auditable,
investment-grade data. Having used EcoOnline's solution ourselves, we
have firsthand confidence in its science-based approach."
"We're delighted to welcome Forvis Mazars Singapore into our global partner community," commented
Sean Flynn, Regional Sales Director at EcoOnline. "Their depth
of sustainability expertise and advisory experience makes them a highly
valued partner as organisations in Singapore – a hub for global
headquarters in Asia – work to deliver on the ambitions of the Green
Plan 2030 and the path to net zero by 2050. With Forvis Mazars' insight
and EcoOnline's connected safety and sustainability suite, we can
provide organisations with the tools and guidance they need to
accelerate their sustainability journey. Together, we look forward to
supporting businesses that share our vision of a safer, more sustainable
world."
The partnership also focuses on market awareness through educational
initiatives in Singapore, including training and knowledge-sharing
sessions, to help companies better understand and leverage the solution.
The integrated ESG and sustainability solution from Forvis Mazars and EcoOnline is now available to clients in Singapore.