KPMG in Singapore and the Association of Chartered Certified Accountants (ACCA) have launched a new program focused on ESG (Environmental, Social, and Governance) skills for accountants and non-accountancy graduates.
The initiative responds to recommendations from Singapore’s Accountancy Workforce Review Committee (AWRC) report, highlighting the urgent need for ESG expertise in the profession.
The program, unveiled at ACCA’s Annual Conference 2024, aims to equip participants with essential ESG knowledge.
It includes a foundational track for non-accountants and recent graduates and an advanced track for senior finance leaders.
The foundational track covers climate risk, sustainability reporting, and other key ESG areas, enabling a wider range of professionals to enter the field.
The advanced track offers strategic skills for roles like Chief Sustainability Officer, ensuring participants can lead ESG efforts.
“The future of accounting goes beyond financial reporting,” said Alex Koh, Partner and Head of Audit, KPMG Singapore. “Our collaboration with ACCA strengthens accountants’ ability to navigate ESG and AI governance, positioning them as strategic advisors.”
Demand for ESG skills is rising in Singapore’s job market, with ACCA’s survey noting a jump in demand for green finance expertise from 38% to 47% this year.
KPMG’s research shows that over half of financial services professionals in Singapore will require ESG training.
Both tracks lead to a joint certificate from KPMG and ACCA, validating participants’ skills in sustainable business practices.
The program aims to expand globally, making ESG training accessible to more professionals.
Business News Asia