MAS's Gprnt Supports Businesses in Sustainability Reporting

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by KnowESG
KnowESG_MAS's Gprnt Supports Businesses in Sustainability Reporting
The tool will help, particularly SMEs, who often lack expertise and resources to begin their sustainability journeys.
  • ESG and sustainability reporting are made easier by Gprnt.

  • Companies of all sizes have access to various sustainability resources.

Gprnt is a digital platform developed by the Monitory Authority of Singapore (MAS) to help organisations with their environmental, social, and governance (ESG) reporting and data needs.

Gprnt has recently launched its first Disclosure and Marketplace offerings to help companies track and report their sustainability practices.

Disclosure Tool

This innovative tool leverages artificial intelligence (AI) to help companies, especially small and medium enterprises (SMEs), measure their scope 1 and 2 emissions. It works when a link is established with the government and private databases, supporting businesses that do not have dedicated sustainability resources on their own.

Through this tool, companies can control their data and decide who can access it. The basic tool is free, but larger organisations can access a custom version to get access to supply chain data (Scope 3 emissions).

Marketplace

Their marketplace is a one-stop shop for ESG solutions, offering over 75 different tools for enterprises to track their progress in carbon reduction, energy efficiency, financing for green initiatives, third-party assurance offerings, and more. It provides customised solutions for companies based on their needs and profiles.

Gprnt will introduce AI assistant and analytics tools to help organisations better manage sustainability reporting and achieve net-zero goals.

Check out KnowESG's ESG Marketplace, where you can find various ESG providers and unique solutions tailored to your needs.

Ravi Menon, Chairman of the GFTN Board of Directors and Singapore’s Ambassador for Climate Action said: "Gprnt’s suite of solutions will provide businesses with digital infrastructure to access and report verifiable ESG data in a streamlined manner, strengthening their climate risk management and net-zero efforts.

"The value proposition of these solutions will become increasingly compelling as Gprnt scales regionally to support the broader transition across Asia.”

Lim Tuang Liang, Government Chief Sustainability Officer, MSE, said: "Gprnt’s suite of solutions and tools will play a significant role in simplifying the management and reporting of sustainability data, enabling organisations to focus on developing impactful sustainability strategies.

"We look forward to continuing and strengthening our collaboration with Gprnt to facilitate agencies’ efforts to manage their resource use as well as exploring other synergies.”

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Source: Fintech Singapore

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