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Technology & Data

Singapore Streamlines ESG Reporting with New Digital Platform

The Monetary Authority of Singapore (MAS) has launched an integrated digital platform that harnesses technology to simplify how the financial sector and real economy collect, access and act upon ESG data to support their sustainability initiatives. The new Gprnt platform is the culmination of MAS’ Project Greenprint, a collection of digital data utilities and initiatives launched in 2020. These utilities and initiatives include a disclosure portal, a data registry, a solutions marketplace, and data orchestration capabilities. The platform offers an enhanced digital reporting solution for both large businesses and SMEs to seamlessly report their ESG information. It is currently undergoing live testing with selected banks and SMEs, and will be progressively rolled out from February 2024 onwards. Gprnt will be comprised of a data registry, a marketplace function to be launched next year, a reporting solution allowing users to leverage third party capabilities such as Scope 3 emissions calculations, and a developer sandbox. When fully implemented, Gprnt’s reporting solution is expected to help companies automate their ESG reporting process, and allow end users – including financial institutions, regulators and large corporates – to access relevant data and timely insights to support their sustainability-related decision making.

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