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MAS and SGX partner CDSC to strengthen global access to climate transition-related data

Khairani Afifi Noordin
Khairani Afifi Noordin • 2 min read
MAS and SGX partner CDSC to strengthen global access to climate transition-related data
Work on the collaboration will commence in the first quarter of 2024. Photo: Bloomberg
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The secretariat of the Climate Data Steering Committee (CDSC), Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX:S68) (SGX) have signed a memorandum of understanding to collaborate on strengthening access by stakeholders worldwide to key climate transition-related data.

The collaboration aims to synergise across MAS’s Project Greenprint’s ESGenome disclosure portal and the CDSC’s Net-Zero Data Public Utility (NZDPU) global repository of climate transition-related data.

It will allow companies that report into ESGenome to transmit to the NZDPU their data on Scope 1, 2 and 3 greenhouse gas emissions. This will help enhance the tracking of these companies’ climate commitments. In turn, the companies benefit from access to the NZDPU’s global database to inform their own decarbonisation efforts.

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