New registry for Singapore businesses to track and report carbon emissions launched

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Ecosperity News

Temasek,Carbon Emissions,Grace Fu

The Emissions Factor Registry is meant to help businesses meet their climate reporting needs.

New: You can now listen to articles.SINGAPORE: The Singapore Business Federation launched a registry on Monday to help local businesses track and report their carbon emissions more easily and accurately.

Minister for Sustainability and the Environment Grace Fu speaking at Ecosperity Week 2024 on Apr 15, 2024. In a separate press release, the SBF said that the registry supports existing reporting tools and solutions that help enterprises automate their sustainability reporting process. These include emission factors related to transportation, water, general waste, and energy. Emission factors for new categories and activities will be developed and released based on industry consultations and demand.to make climate-related disclosures from financial year 2025. Large non-listed companies will be required to do so from FY2027.

Ms Fu also spoke of the importance of training workers to have the relevant skills to support the country's climate action.

Temasek Carbon Emissions Grace Fu

 

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