SINGAPORE, November 15, 2024 – Gprnt, Singapore’s digital platform for Environmental, Social, and Governance (ESG) reporting, has introduced its first Disclosure and Marketplace tools, aimed at making sustainability reporting more accessible for businesses. Launched with support from the Monetary Authority of Singapore (MAS), the platform provides digital utilities designed to support the ESG data needs of small and medium enterprises (SMEs), corporates, financial institutions, and government agencies.
The rollout also marks an advancement in Gprnt’s strategic partnerships with Ant International and MUFG Bank, as well as support from Microsoft and the Global Finance and Technology Network (GFTN), which aim to enhance the platform’s scalability and promote regional adoption.
Simplified Sustainability Reporting
Gprnt’s new Disclosure tool provides a streamlined approach to measuring and reporting ESG data, addressing common challenges that many SMEs face when starting their sustainability journeys. Using generative AI, the tool automates the process of calculating Scope 1 and 2 emissions, integrating data from government and private databases to ease businesses into their reporting obligations. The tool allows companies to create basic ESG reports, track emissions, and manage climate risk effectively.
This user-friendly reporting framework is free for individual business use, while larger organisations can adopt a customisable, paid version to collect data from their supply chains, supporting comprehensive Scope 3 reporting.
Ravi Menon, Chairman of the GFTN Board of Directors and Singapore’s Ambassador for Climate Action, commented, “Gprnt’s solutions offer businesses a crucial digital infrastructure to report verifiable ESG data. As Gprnt expands regionally, it will play a key role in supporting Asia’s transition to net-zero emissions.”
Centralised Marketplace
Gprnt’s new Marketplace provides businesses with a centralised hub of 78 sustainability solutions, including offerings in decarbonisation, green financing, carbon accounting, and energy optimisation. A proprietary recommendation engine helps SMEs connect with solutions that best suit their sustainability profiles and needs, streamlining the ESG journey for organisations that may otherwise feel overwhelmed by fragmented resources.
With plans to expand participation in the Marketplace, Gprnt aims to synchronise its listings with other platforms, such as NetZeroHub.SG, to maximise the ecosystem’s reach.
From early 2025, Gprnt plans to expand its collaborative efforts with industry players. Pilot projects with organisations including Canadian Solar, DBS, OCBC, and Standard Chartered Bank are set to explore ESG solutions across various use cases. Partnerships with industry bodies like the Singapore Manufacturing Federation will facilitate the deployment of reporting tools across different sectors. Gprnt also aims to work closely with the Singapore Exchange (SGX) and the Ministry of Sustainability and the Environment (MSE) on a climate-related disclosure module to assist companies in meeting regulatory requirements.
Lim Tuang Liang, Government Chief Sustainability Officer at MSE, highlighted the potential of Gprnt’s tools, saying, “Gprnt’s solutions simplify sustainability data management, allowing organisations to focus on impactful strategies. We look forward to strengthening our collaboration to aid government agencies in optimising resource use.”
To address the growing demand for ESG solutions across Asia, Gprnt plans to introduce new features over the next two years. These include a digital assurance module, an AI-powered sustainability assistant, and an ESG data registry designed to enhance data-driven decision-making. Working with industry partners, Gprnt aims to support organisations in meeting the complex compliance landscape across the region.
As sustainability pressures grow, Gprnt’s latest tools underscore its commitment to simplifying ESG reporting and empowering businesses to take meaningful steps toward net-zero goals.