Gprnt, a digital ESG platform supported by the MAS has officially introduced its first Disclosure and Marketplace tools.
According to ESG Today, these innovative resources are designed to facilitate easier sustainability reporting for businesses, enhancing their capabilities to manage ESG data and aiding in decarbonization endeavors.
This new product has been launched in response to a pressing need in the market; despite a high readiness level among businesses in Singapore to align with the nation’s Green Plan 2030, a significant portion still struggles with initiating their sustainability measures.
Gprnt’s operations primarily focus on providing digital solutions that simplify the complex process of sustainability reporting for companies. Their tools are crafted to help organizations effortlessly gather, manage, and report on ESG criteria, supporting comprehensive sustainability initiatives.
The newly launched products from Gprnt are aimed at transforming how companies handle environmental, social, and governance (ESG) data. The Disclosure tool, in particular, leverages AI technology to automate the tracking of Scope 1 and Scope 2 emissions, offering businesses a critical foothold in their sustainability reporting journey.
Further details about the product reveal that it is available free of charge for individual business use, allowing full control over data with options for sharing. For larger entities, the tool can be customized to collect extensive supply chain data, which is vital for Scope 3 reporting. Additionally, Gprnt’s Marketplace provides a link to an extensive array of 78 sustainability solutions, including carbon accounting, energy optimization, and green financing options.
The platform is poised to significantly influence the ESG landscape in Singapore, with strategic collaborations set up with key financial and trade organizations and planned pilots with major banks such as DBS, HSBC, and Standard Chartered.
“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,” stated Lim Tuang Liang, Government Chief Sustainability Officer at MSE.
“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,” Ravi Menon, Chairman of the GFTN Board of Directors and Singapore’s Ambassador for Climate Action, remarked.
Looking forward, Gprnt has laid out a roadmap through 2025 that includes further pilots and partnerships aimed at boosting ESG solution adoption among trade bodies and government agencies. Plans for regional expansion are also on the horizon to meet the burgeoning demand in Asia for robust sustainability data tools, with anticipated features like an AI-powered assistant and a digital assurance module set to launch between 2025 and 2026.
Gprnt’s initiative not only underscores Singapore’s commitment to advanced digital infrastructure for sustainability reporting but also sets the stage for a more compliant and efficient ESG landscape across Asia.
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