Gprnt, a digital platform for environmental, social and governance (ESG) reporting and data launched by the Monetary Authority of Singapore (MAS), has released its inaugural disclosure and marketplace offerings.

The tools aim to simplify sustainability reporting for businesses and connect them to an ecosystem of solutions to support their decarbonization needs.

The launch highlights Gprnt’s continued collaboration with strategic partners Ant International and MUFG Bank, reinforcing the shared commitment by all parties to develop solutions to aid businesses in meeting their varied sustainability needs, in a simple, streamlined, and cost-effective manner.

Gprnt is also supported by Microsoft and the newly-established Global Finance and Technology Network (GFTN), which have joined to enhance the platform's scalability and support multi-country implementation efforts.

“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,” says Ravi Menon, chairman of the GFTN board of directors and Singapore’s ambassador for climate action. “The value proposition of these solutions will become increasingly compelling as Gprnt scales regionally to support the broader transition across Asia.”

Accessible reporting 

While nine in ten companies globally have expressed interest in ESG reporting as a means to address mounting compliance and stakeholder pressures, many of these businesses, especially small and medium enterprises (SMEs), face numerous challenges to getting started.

The Gprnt Disclosure tool is designed to overcome these hurdles by offering a simple, automated, generative AI-powered solution to easily measure businesses’ Scope 1 and Scope 2 emissions.

It helps businesses to get started on sustainability reporting by leveraging the platform’s integrations with government databases and private sector solutions, to easily calculate their basic emissions output.

It also provides metric packs for core use cases such as basic emissions reporting, climate risk management, and green procurement. This allows businesses to generate the baseline ESG data needed to access each use case.

The tool is free for all businesses’ individual use, with users retaining full control over their data and whom to share it with. It can also be customized and deployed by larger organizations for a competitive fee, to collect data from their value/supply chains and support their own Scope 3 reporting efforts.

Solutions portal

Many businesses’ sustainability journeys are hindered by the fragmented landscape of sustainability solutions. According to recent research, nearly half of Singapore's SMEs are unaware of the tools and resources they need to get started on sustainability. Many businesses struggle to navigate overlapping offerings by different providers, leaving them overwhelmed and uncertain about where to begin.

To address this, Gprnt has launched a Marketplace that serves as a centralized portal to anchor the ecosystem of sustainability solutions. It pairs with Gprnt Disclosure by connecting users to relevant solutions via a proprietary intelligent recommendation engine, for them to take action on their sustainability data.

This allows SMEs to be linked to solutions that not only fit their respective profiles and needs, but demonstrate clear value-add atop the baseline services offered by Gprnt.

Listing on the Gprnt Marketplace is currently free of charge. At its time of launch, 78 sustainability solutions have been onboarded, spanning Scope 3 carbon accounting, decarbonization, energy optimization, green and sustainability-linked financing, capacity-building, and third-party assurance offerings.

“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,” says Lim Tuang Liang, government chief sustainability officer at the Ministry of Sustainability and the Environment. “We look forward to continuing and strengthening our collaboration with Gprnt to facilitate agencies’ efforts to manage their resource use as well as exploring other synergies.” 

Gprnt.ai is also collaborating with DBS to offer access to its solution to the bank’s SME customers. "Our pilot with Gprnt reflects DBS' commitment to empowering businesses, especially SMEs, on their sustainability journeys. The tool aims to help small businesses overcome traditional barriers like cost, complexity and resource limitations," says DBS chief sustainability officer Helge Muenkel. "As companies across sectors face growing regulatory and stakeholder pressures, DBS is excited to play a role in making meaningful, data-driven decarbonization accessible to all."