Singapore standardizes template for corporate environmental risk assessment

A workgroup composed of Citi, DBS, HSBC, OCBC, StanChart, and UOB worked on the questionnaire.

The Association of Banks in Singapore (ABS) has launched the ABS Environmental Risk Questionnaire (ERQ), the country’s first industry-standard template that sets a consistent baseline for banks to engage their corporate clients on environmental risk issues.

The ERQ will enable banks’ customers to gather data points and identify opportunities to finance the transition to a low carbon economy.

A workgroup comprising Citibank, DBS, HSBC, OCBC, Standard Chartered and UOB developed the ERQ over several months.

The questionnaire is one of the key deliverables of the Green Finance Industry Taskforce (GFIT) workstream on risk management to help the industry in embedding the Monetary Authority of Singapore’s (MAS) Environmental Risk Management (ENRM) Guidelines.

The initiative aims to help establish a best practice for banks in Singapore to engage their clients in assessment and mitigation of their environmental risks.

Follow the link for more news on

ABS Environmental Risk Questionnaire

A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia