Asia-based environmental, social and governance (ESG) data and technology solutions company ESGpedia has partnered with the UN Global Compact Network Singapore (GCNS) for the technology implementation of the Digital Carbon and Emissions Recording Tool (CERT).
The Digital CERT aims to empower businesses in Singapore to streamline carbon emissions tracking and reporting, and is part of the LowCarbonSG Programme by the GCNS.
Through ESGpedia, Singaporean businesses now have access to a complimentary digitalized carbon emissions tracker, which gives them the opportunity to attain a LowCarbonSG Participant Logo upon successful measurement and monitoring of their carbon footprint.
The latest launch of the Digital CERT on ESGpedia marks a significant evolution from its original form, launched earlier in 2021, by Singapore’s Minister for Sustainability and the Environment Grace Fu, as a centrepiece initiative of the LowCarbonSG programme. The earlier tool saw widespread adoption, with approximately 200 companies submitting their data through CERT, and over 50% reporting at least a 5% reduction in emissions in the second year.
To drive greater impact and adoption, GCNS partnered with ESGpedia to transform CERT into a fully digital, streamlined tool on the ESGpedia platform.
The new Digital CERT hosted on ESGpedia, it says, provides businesses with a more user-friendly interface and expanded accessibility, offering web-based accessibility, global compliance, seamless integration, faster data submissions and improved user experience.
The ESGpedia platform is validated under ISO14064-1 and is built in accordance with the GHG Protocol. This ensures that companies using the Digital CERT are calculating emissions credibly and in accordance with international standards.
“Our partnership with the UN GCNS to power the Digital CERT through ESGpedia signifies our collective commitment to levelling the playing field to enable businesses, large and small, to remain competitive and thrive amid rising ESG regulations,” says Benjamin Soh, founder and managing director at ESGpedia. “With ESGpedia today powering key programmes across the region to close data and disclosure gaps, our latest partnership with GCNS takes it one step further in streamlining carbon emissions tracking and reporting for Singaporean businesses.”
