The Monetary Authority of Singapore (MAS) has published a press release to inform of the launch of Gprnt (pronounced greenprint), a digital platform aimed at simplifying ESG data collection and utilization for the financial sector and real economy. Gprnt, an outcome of MAS‘ Project Greenprint, streamlines reporting processes for businesses, enabling automatic conversion of economic data into sustainability information.
For data collection purposes, it integrates with various digital systems used in daily business operations and collaborates with trusted government sources to facilitate seamless data collection necessary for the production of sustainability metrics of firms. The platform also computes data into ESG-related outputs, providing AI tools when sustainability source data isn’t available and a chatbot to assist in sustainability disclosures.
Businesses can selectively share their ESG information with financial institutions, industry partners, government bodies, and global platforms. Gprnt initially focuses on supporting SMEs‘ reporting needs and plans to expand capabilities to serve multinational corporations, financial institutions, and national authorities in due course.
The platform will be managed by Greenprint Technologies Pte Ltd, engaging strategic partners to drive its commercialization and adoption across sectors. MAS Managing Director Ravi Menon emphasizes Gprnt’s significant role in simplifying sustainability reporting for SMEs and enhancing the availability of high-quality ESG data to support green initiatives.
MAS has also enclosed various appendices to provide an overview of the platform and to demonstrate the user journey within Gprnt.