Singapore launches world’s first national ESG utility for Scope 1 and 2 reporting

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Eco-Business 21h ago

Singapore launches world’s first national ESG utility for Scope 1 and 2 reporting - Eco-Business

Quick Summary:

Spun off from the Singapore central bank, Gprnt offers small and medium-sized firms a free tool that automatically converts utilities data into basic climate metrics.

Backed by Ant International and MUFG, the platform aims to scale in Asia.

To date, calculating Scope 3 emissions – which typically account for over 70 per cent of a firm’s carbon output – remains a struggle for many companies, which led Singapore to drop the original 2026 timeline for reporting it last year.