New registry helps S’pore firms calculate their carbon emissions more accurately

Quick Summary:

The free platform helps firms calculate emissions by using around 200 factors that cater specifically to the Singapore context.

This is especially timely as all listed companies are required to report their Scope 1 and 2 emissions from the 2025 financial year.

The idea of having a localised registry was first mentioned in April by Minister for Sustainability and the Environment Grace Fu after industry feedback noted that greenhouse gas emissions calculations may not be accurate.

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Article Details

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Companies Calculate Businesses Singapore Sustainability Building Allow Factors Emission Access Emissions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 20:30:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 665 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22882989

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