Tuesday, 02 January 2024 12:17 GMT

Forvis Mazars Partners With Ecoonline In Singapore, Strengthening Sustainability & ESG Reporting


(MENAFN- Media OutReach Newswire) 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.

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