S'pore digital registry aims to help identify green companies

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SINGAPORE - A digital platform backed by the Monetary Authority of Singapore aims to bring transparency to efforts by companies to cut greenhouse gas emissions and improve their social as well as env

ironmental behaviour.

"In the future, to be profitable, you have to be sustainable," said Mr Benjamin Soh, co-founder and managing director of Stacs, during a media briefing on Thursday . This will help banks and other investors track and analyse companies listed in the registry, which uses blockchain technology to ensure security and ease of access by different users.

Greenprint ESG Registry, which will become public, is the first of its type in Singapore, said Mr Soh.

 

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