The Monetary Authority of Singapore (MAS) will collaborate with the industry on Project Greenprint to pilot four digital platforms to address the financial sector’s need for good data on sustainability.
The regulator announced at the ongoing Singapore FinTech Festival that the four pilots are expected to be completed in the second half of 2022.
Greenprint Common Disclosure Portal, developed in partnership with the Singapore Exchange, aims to simplify the Environment, Social & Governance (ESG) disclosure process by converting data inputs into different reporting frameworks as required under different jurisdictions and purposes. The portal can also be used by businesses as an internal ESG monitoring and management tool.
Greenprint Data Orchestrator, which will aggregate sustainability data from multiple data sources will enable new data insights to be generated through data analytics services to better support investment and financing decisions.
Greenprint ESG Registry, in partnership with Hashstacs, will record and maintain the provenance of ESG certifications accorded by certification bodies in different sectors as well as data and metrics that are verified by qualified third-party auditors.
Greenprint Marketplace, in partnership with API Exchange, will connect green technology providers in Singapore and the region to a community of investors, venture capital firms, financial institutions, and corporates to facilitate partnership, innovation and investments in green technology.
