Singapore Launched Automated ESG Reporting Tools

Whether big or small, every business plays a role in shaping the environment and society around them. As the world moves toward a more sustainable future, businesses must take on their responsibility and showcase their accountability, one of which is through sustainability reporting. In Singapore, the government has launched an automated ESG reporting tool to simplify sustainability reporting for businesses.

ESG Reporting for Every Business

From the energy it uses to the people it employs, each business decision shapes the environment, society, and the economy. Environmental, Social, and Governance (ESG) reporting helps businesses track, manage, and take accountability of their social and environmental impacts, including in aspects like carbon emissions, worker rights, and ethical decision-making.

In recent years, ESG reporting has become a key part of responsible and sustainable business as the call for sustainability becomes more pressing. However, this requirement and expectation can be difficult for small and medium-sized enterprises (SMEs) to meet as it often involves technical knowledge, complex tools, and extra resources. For Southeast Asia whose 97-99% of the region’s economies consist of SMEs, making ESG reporting easier and more accessible for all is essential.

Simplifying Reporting with Gprnt

In this light, the Monetary Authority of Singapore (MAS) launched Gprnt, a nationwide ESG reporting utility. Pronounced “greenprint”, this platform aims to make sustainability reporting simpler and more inclusive. Instead of asking businesses to create reports from scratch, Gprnt pulls existing business data from official sources and turns it into automated ESG insights.

Gprnt uses a digital-first approach to reduce the manual work often associated with ESG reporting. By connecting to Singapore’s government databases, the platform gathers data, such as utility use and business operations, then processes them through automation to produce ESG indicators. For example, it can help companies estimate their greenhouse gas emissions or understand their resource consumption patterns.

For small and medium-sized businesses, this tool is free to use for measuring and reporting scope 1 and 2 emissions. Businesses can use Gprnt by signing up on the Gprnt website and uploading their business data like bills or invoices to fill the data gap in creating the report. This helps simplify ESG reporting and supports inclusive growth by helping them adapt to new demands and unlock fresh opportunities.

A Shared Journey

Tools that help simplify sustainability reporting are hoped to encourage more businesses of all sizes to move past harmful practices and support environmental and social justice. After all, sustainability is a shared journey. From governments to big and small businesses to investors and the public, every stakeholder has a part to play in creating a better future for all without leaving anyone behind.

Editor: Nazalea Kusuma & Kresentia Madina