This makes company and project disclosures more easily accessible by international investors and financial institutions. The portal 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. These include interoperable data platforms that can aggregate new and existing sustainability data across multiple sectoral platforms and industry players and enable sharing of the data across different stakeholders.Ĥ MAS will work with the industry to pilot four common utility platforms, with the pilots expected to be completed in the second half of 2022.Ī) Greenprint Common Disclosure Portal, developed in partnership with the Singapore Exchange. Addressing these data gaps will enable financial institutions to direct capital towards sustainability projects in a more scalable way, effectively monitor their sustainability commitments, and quantify the risks and real-world impact of their portfolios.ģ Since the announcement of Project Greenprint last December, MAS has engaged the financial industry and other industry sectors to identify potential digital enablers to address the data challenges. Project Greenprint features three strategic thrusts – Green FinTech Ecosystem Development Greenprint Marketplace and Greenprint Data Platform.Ģ One of the key challenges faced in sustainability financing is the difficulty in accessing high quality, consistent and granular sustainability data. Project Greenprint was launched in December 2020 to harness innovation and technology to promote a green finance ecosystem through helping to mobilise capital, monitor sustainability commitments, and measure impact.
Singapore, 9 November 2021… The Monetary Authority of Singapore (MAS) announced today that it will partner the industry to pilot four digital platforms under Project Greenprint, to address the financial sector’s needs for good data on sustainability.
0 kommentar(er)
