Forvis Mazars Partners with EcoOnline to Boost ESG Reporting in Singapore

LONDON / SINGAPORE, September 8, 2025 – Forvis Mazars has announced a strategic partnership with sustainability software provider EcoOnline in Singapore, aimed at strengthening corporate capabilities in sustainability and ESG reporting as new regulatory timelines take effect.

The collaboration will embed EcoOnline’s advanced ESG software into Forvis Mazars’ existing sustainability and assurance services, providing Singapore businesses with science-based tools for data management, carbon accounting, and climate risk analytics.

The partnership comes as companies navigate extended timelines for mandatory climate-related disclosures under frameworks announced by the Singapore Exchange (SGX) and the Accounting and Corporate Regulatory Authority (ACRA). While non-Straits Times Index (STI) companies now have additional time to comply, Forvis Mazars emphasised that organisations should act proactively to build reporting capabilities aligned with Singapore’s Green Plan 2030 and the national net-zero by 2050 target.

“Although timelines have been extended, 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.”

Augmenting ESG Services with Technology

Forvis Mazars’ core sustainability services will be enhanced through EcoOnline’s enterprise-grade ESG platform, which has been recognised in the 2025 Verdantix Green Quadrant. The tool, developed by environmental scientists including a Nobel Peace Prize laureate, integrates global standards such as the GHG Protocol, ISO 14064-1, and PAS 2050.

Key benefits for clients include:

Framework reporting advisory: Streamlining data collection and analysis aligned with CSRD, GRI, and TCFD standards.

Climate risk analytics: Using location-specific science-based data for risk assessment and planning.

Carbon accounting: Verified calculations of Scope 1, 2, and 3 emissions to support credible decarbonisation strategies.

Forecasting: Scenario modelling and dynamic outputs updated with live data for emissions planning.

Sustainability assurance: Providing auditable data trails to strengthen governance and external reporting integrity.

Partnership for Market Impact

EcoOnline’s Sean Flynn, Regional Sales Director, welcomed the collaboration, noting Singapore’s role as a hub for regional headquarters in Asia. “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 partners also plan to roll out training and knowledge-sharing sessions in Singapore to raise market awareness and help companies prepare for mandatory ESG disclosure and assurance requirements.

A Timely Boost for Corporate ESG Readiness

As Singapore sharpens its focus on sustainability, the Forvis Mazars–EcoOnline alliance underscores the growing demand for digital tools that enable auditable, investment-grade ESG reporting. With regulatory deadlines looming, the partnership is positioned to provide businesses with both the technical expertise and digital infrastructure required to meet rising investor and regulatory expectations.