- 32% of Singapore-listed companies met all TCFD recommendations (July 2025)
- 92% of SMEs lacked dedicated sustainability manpower (late 2025)
- FY2026 deadline for full ISSB disclosures and Scope 3 reporting
Experts would likely conclude that Singapore's strategic overhaul of ESGenome through the Gprnt-SGX partnership positions it as a global leader in climate-centric corporate reporting, transforming regulatory compliance into a competitive advantage.
Gprnt and SGX Overhaul ESGenome for Singapore's Climate Mandate
SINGAPORE – July 03, 2026 – In a move that signals a significant strategic pivot in corporate reporting, digital sustainability platform Gprnt and the Singapore Exchange (SGX Group) have announced a partnership to fundamentally upgrade the ESGenome disclosure portal. This collaboration is not merely a technical enhancement; it is a clear maneuver to transform a looming regulatory burden into a national competitive advantage, aiming to create a unified digital backbone for Singapore’s entire green economy.
Announced at the inaugural SGX Group-Gprnt Climate Action Forum, the partnership will see ESGenome, the digital reporting tool for SGX-listed companies, fully migrated onto Gprnt’s nationwide sustainability platform. The initiative directly targets the complexities of mandatory climate reporting based on the International Sustainability Standards Board (ISSB) framework, a challenge that has sent ripples of anxiety through boardrooms across the globe. By embedding automation and guided workflows into the disclosure process, Singapore is telegraphing a clear message: it intends to lead, not just comply, in the era of climate-centric economics.
A Lifeline for a Looming Mandate
The pressure on Singaporean companies is palpable. Following the global launch of the ISSB's IFRS S1 and S2 standards in 2023, Singapore adopted a phased but firm timeline for mandatory Climate-Related Disclosures (CRD). While timelines were extended in August 2025 to account for corporate readiness gaps, the mandate remains clear. All listed companies must report Scope 1 and 2 emissions starting from FY2025, with the largest firms on the Straits Times Index facing the full suite of ISSB disclosures and Scope 3 reporting by FY2026.
This regulatory shift has exposed significant vulnerabilities. A July 2025 study by EY revealed that a majority of Singapore-listed companies were not prepared for the new standards, with only 32% meeting all 11 recommendations of the preceding TCFD framework. The Gprnt-SGX partnership is a direct response to this reality. The enhanced ESGenome portal will now feature CRD modules with plain-language prompts and guided workflows, designed to demystify the reporting process for companies embarking on it for the first time.
Crucially, the integration with Gprnt’s digital infrastructure introduces a powerful layer of automation. Companies will be able to automate their Scope 1 and 2 emissions calculations using trusted government data sources, drastically reducing the manual effort, cost, and potential for error that has plagued sustainability teams. This is a significant evolution from ESGenome’s initial 2022 launch, which focused on mapping various standards but still relied heavily on manual input. The new system promises to lower the barrier to entry for high-quality, verifiable reporting.
“Companies are increasingly integrating climate-related risks and opportunities into strategy and risk management; and investors want confidence that these issues are being actively monitored and addressed,” said Mr Chan Kum Kong, Head of Capital Market Development at SGX Group. He framed the initiative not just as a climate action but as a mechanism for “value unlock; strengthening resilience, competitiveness and long-term enterprise value.”
Architecting a National Green Data Infrastructure
While simplifying compliance is the immediate benefit, the long-term strategic play is far more ambitious. This partnership is about building the digital rails for Singapore’s entire green economy, moving beyond mere disclosure to create an interoperable data ecosystem.
Mr Lionel Wong, Chief Executive Officer of Gprnt, noted the platform's evolution. “What began as an effort to simplify sustainability reporting has now evolved into a common infrastructure for nationwide disclosures,” he stated. “Through ESGenome and the Green 100, we are creating a shared foundation for ESG reporting, trusted data, transition planning, value-chain engagement, and sustainable finance.”
This vision of a “shared foundation” is where the true market signal lies. By creating a single, trusted source of ESG data, the platform aims to reduce fragmentation and enable information to flow seamlessly between companies, investors, and financiers. High-quality, standardized data reported through ESGenome can be more easily leveraged to access green loans, issue sustainability-linked bonds, and attract capital from global investors who are increasingly reliant on verifiable ESG metrics. The planned introduction of AI-powered capabilities for risk assessment and transition planning further underscores the ambition to create a dynamic, forward-looking tool, not a static compliance checkbox.
The 'Queen Bee' Strategy for Supply Chain Competitiveness
The most critical and often most difficult piece of the climate puzzle is the supply chain. Scope 3 emissions, which encompass a company’s entire value chain, represent the lion's share of the carbon footprint for most industries. They are also notoriously difficult to measure. The Gprnt-SGX partnership tackles this head-on through a collaborative, ecosystem-wide approach.
The initiative is tightly woven with the efforts of the Council for a Competitive Climate Transition (C3T), a body co-chaired by government and business federation leaders. The C3T is championing a 'Queen Bee' strategy, encouraging large SGX-listed companies to mobilize their vast networks of suppliers, particularly Small and Medium Enterprises (SMEs), to begin their own sustainability journeys.
This is vital, as SMEs form the bedrock of the economy but are the least equipped for the green transition. Research from late 2025 showed that 56% of SMEs had yet to begin sustainability reporting and a staggering 92% lacked dedicated sustainability manpower. “Climate action is no longer just about compliance, it is about competitiveness,” said Mr Kok Ping Soon, Co-Chair of the C3T. “Listed companies can change this by leading from the front and bringing their suppliers along.”
The enhanced ESGenome provides the practical tool for this mobilization. A large corporation can use the platform to engage its suppliers, offering them a simplified, low-cost entry point to calculate their own emissions. This not only helps the 'Queen Bee' company gather the data needed for its own Scope 3 reporting but also cascades climate capability and resilience down the entire value chain, turning a top-down mandate into a bottom-up movement.
By building this interconnected data web, Singapore is making a calculated bet. It is leveraging a moment of global regulatory pressure to construct a sophisticated digital infrastructure that could give its entire corporate ecosystem—from the largest conglomerate to the smallest supplier—a distinct competitive edge in a world where climate performance is inextricably linked to economic survival.
📝 This article is still being updated
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