, Singapore
Photo courtesy of Reuters

Olam launches end-to-end carbon management platform

It will support MAS' sustainability agenda.

Olam International announced the launch of GreenPass, a greenhouse gas digital information and smart carbon management system, on 9 November.

The platform aligns with the Monetary Authority of Singapore's (MAS) Project Greenprint, enabling a more open, trusted, and efficient ecosystem to support the financial sector's green and sustainability agenda. It will measure, monitor, manage, and verify the impact of their climate action strategies as they de-carbonise their business.

Olam Managing Director Suresh Sundararajan said, "We have learnt a lot on our sustainability journey and building our systems to measure and track our emissions. Based on this experience, we believe we can now help others do the same. This will create greater transparency and help companies and their stakeholders be sure that they are making a real impact and not just 'greenwashing'. We believe that this collaboration will accelerate more comprehensive ESG data and mobilisation of Green Finance, helping to establish Singapore as the Green Finance Hub in Asia and the world."

"MAS is happy to partner with Olam in the development of their smart carbon measurement, management and reporting platform. It will interoperate with Project Greenprint platforms to provide trusted, timely, and relevant data required to empower corporate climate action and unlock green finance flows to fund the sustainable transformation of the economy in Singapore, our region and across the globe," added MAS Chief Fintech Officer Sopnendu Mohanty.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

How investor stewardship puts companies in a win-win state
Stewardship Asia Centre CEO says a company’s failure to take care of society is a failure to take care of its stakeholders.
Creating harmony in a heterogonous workforce 
An HR expert said tests like DISC can help identify which employees can work best together.