Singapore’s Gprnt Launches World’s 1st Digital ESG Utility for Companies
New platform enables companies auto-generate ESG data using government utilities, unlocking green finance access.
Gprnt, a Singapore-based sustainability data platform launched by the Monetary Authority of Singapore, has unveiled the world’s first nationwide utility that enables companies to generate core sustainability metrics using government-sourced utilities data automatically.
The platform, developed as part of the Global Finance and Technology Network, has secured $4.62 million in seed funding from Ant International and MUFG Bank.
The innovation is positioned as a significant milestone in Singapore’s ambition to become a global hub for green finance and digital ESG infrastructure.
Automatic ESG Reporting at No Cost
Gprnt allows Singapore-based companies, including small and medium-sized enterprises, to seamlessly retrieve and convert their water, electricity, and town gas usage data into basic sustainability disclosures such as Scope 1 and Scope 2 emissions.
Scope 1 emissions are direct emissions from sources owned or controlled by an organization, such as fuel combustion in vehicles, boilers, furnaces or other equipment.
In contrast, Scope 2 refers to indirect emissions, such as electricity, steam, heating or cooling purchased from external providers.
Data integration is enabled via GovTech’s Myinfo business platform, allowing secure, consent-based access through Corppass authentication.
By automating this process and removing associated costs, Gprnt addresses longstanding challenges faced by businesses in meeting ESG reporting requirements.
“Gprnt is a game-changer for Singapore companies’ sustainability reporting,” said Ravi Menon, Chairman of the GFTN Board and Singapore’s Ambassador for Climate Action. “It empowers businesses to undertake sustainability reporting at lower cost and with less pain.”
Green Finance and Procurement Access
The platform is designed not only to support compliance with sustainability reporting standards but also to unlock opportunities in green finance and procurement. By simplifying carbon accounting, Gprnt aligns with national initiatives by Enterprise Singapore to foster broader ESG adoption among SMEs.
In a global first, the platform also connects users with government and industry partners offering incentives for sustainability disclosures.
“Digital innovation and industry collaborations are key to helping MSMEs in their sustainability transformation journeys,” said Leiming Chen, chief sustainability officer at Ant International. “We look forward to working with Gprnt to support more MSMEs with inclusive growth.”
MUFG Bank’s Asia Pacific deputy head of global corporate & investment banking, Taichi Murakami, praised Gprnt’s role in enabling supply chain and finance solutions tied to sustainability outcomes. “This first-of-its-kind utilities data feature is another example of Gprnt pioneering intelligent solutions for Asia’s energy transition,” he said.
Scaling from National Platform to Regional Catalyst
Gprnt plans to roll out additional features, including a proprietary sustainability marketplace, Scope 3 supply chain reporting tools, and ESG analytics. Future offerings will also include a digital assurance service and an AI-powered virtual sustainability officer to support companies in making ESG decisions.
“Gprnt transforms ESG reporting from a burden into a bridge,” said Lionel Wong, Executive Director of Gprnt. “We are excited to help more governments, corporates, and SMEs embrace sustainable practices through simple, scalable solutions.”
GFTN Group CEO Sopnendu Mohanty said Gprnt could be a transformative force in global ESG reporting. “We are delighted to work with Ant International and MUFG Bank to expand its capabilities worldwide,” he added.