|
Listen to this story:
|
- Streamlined Reporting: Gprnt’s new tools simplify sustainability reporting for SMEs, corporates, and financial institutions.
- Strategic Partnerships: Supported by Ant International, MUFG Bank, GFTN, and Microsoft for scalable implementation.
- Enhanced Accessibility: Free Disclosure tool helps SMEs report emissions, while the Marketplace connects users with tailored sustainability solutions.
Gprnt, a digital ESG platform launched by the Monetary Authority of Singapore (MAS), has unveiled its inaugural Disclosure and Marketplace tools. These offerings aim to streamline sustainability reporting for businesses, enabling them to better manage their ESG data and support decarbonization efforts. This launch addresses a critical market need: while nearly 80% of businesses in Singapore have expressed readiness to adapt to Singapore’s Green Plan 2030, more than 40% of businesses still face uncertainty about where and how to begin their sustainability journey.
The launch highlights Gprnt’s mission to empower businesses with accessible ESG tools. Strategic partnerships with Ant International, MUFG Bank, GFTN, and Microsoft underpin Gprnt’s capacity for multi-country implementation.
“The launch of Gprnt’s solutions is a milestone in Singapore’s sustainability journey. 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,” said Ravi Menon, Chairman of the GFTN Board of Directors and Singapore’s Ambassador for Climate Action.
Empowering SMEs and Corporates
Why it matters: 9 in 10 global companies seek ESG reporting solutions but struggle with resources and knowledge. Gprnt’s Disclosure tool is AI-powered and automates Scope 1 and 2 emissions tracking, giving SMEs a much-needed starting point for sustainability reporting.
Key features:
- Free for individual business use: Allows businesses full data control and optional sharing.
- Customizable for large-scale use: Larger organizations can use it for supply chain data collection to support Scope 3 reporting.
Marketplace offerings: Gprnt’s Marketplace connects users to 78 sustainability solutions covering carbon accounting, energy optimization, green financing, and more.
RELATED ARTICLE: Euronext Launches ESG Tools and Reports to Accelerate Sustainable Finance
Building Regional Synergies
The platform is set to play a crucial role in Singapore’s ESG landscape. Gprnt’s collaborations extend to financial and trade organizations, including pilots with major banks like DBS, HSBC, and Standard Chartered.
Lim Tuang Liang, Government Chief Sustainability Officer at MSE, emphasized, “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.”
Next steps:
- 2025 roadmap: Gprnt will roll out pilots and partner with trade bodies and government agencies to enhance the adoption of ESG reporting solutions.
- Regional expansion: Aims to support Asia’s demand for comprehensive sustainability data tools, with new features like an AI-powered assistant and a digital assurance module planned for 2025-2026.
The launch underscores Singapore’s commitment to advancing digital infrastructure for sustainability reporting, making ESG compliance more accessible and efficient.
“The value proposition of these solutions will become increasingly compelling as Gprnt scales regionally to support the broader transition across Asia,” said Ravi Menon.
Gprnt’s development signals a transformative step in aligning business practices with sustainable growth across Asia and beyond.
Follow ESG News on Linkedin