Benjamin Soh, ESGpedia
Benjamin Soh, ESGpedia
19 September 2024
Industry Insights: Navigating ESG reporting with technology
There has been increased efforts to deliver on Singapore's commitment to peak emissions before 2030 and achieve net-zero by 2050. Under a new requirement passed in Parliament earlier on September 10, existing buildings in Singapore that are deemed energy-intensive must implement measures to improve their energy use or face a fine of up to S$150,000.
With rising mandatory sustainability regulations, the significance of Environmental, Social and Governance (ESG) reporting has magnified, and there is an increased number of companies seeking technology solutions to meet their sustainability goals.
Benjamin Soh, Founder and Managing Director of ESGpedia, Asia’s leading ESG data and technology company shares insights into the role of technology solutions in sustainability reporting and the critical data needs of businesses for ESG compliance.
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Listen To His Previous Podcasts:
13 February 2024
Under the Radar: STACS on integrating ESG data and helping firms tap green financing, working with the MAS
It’s all about helping smaller companies gain access to green financing today.
While companies may think that they need to collect vast amounts of data to track sustainability goals, the fact is that a bulk of that required may have already been tracked in their day-to-day processes.
This can be data on their electricity consumption, or carbon emissions, collected automatically through the firm’s existing fleet management or building management systems.
But how should firms go about extracting and making use of that data to obtain more capital?
Well, that’s the work of our guest STACS. Founded in 2019, Stacs is Asia’s leading ESG data and technology company.
It collates information from companies’ day-to-day operations as well as data providers like Refinitiv, and presents them in a user-friendly interface to help financiers better understand where the firm is at when it comes to meeting ESG goals.
For STACS, its interface is called the ESGpedia. Named after “Wiki-pedia”, the AI-enabled platform powers a number of sustainability related initiatives, including the Monetary Authority of Singapore’s Greenprint ESG Registry.
Currently, the platform covers over five million sustainability disclosure data points, with more than 180,000 companies’ sustainability data. This allows banks and corporates to access accurate, consistent and comparable data on one registry for financing purposes.
But how does it work exactly and how does STACS monetise its platform? Also – how much money is up for grabs for STACs in the near term?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Benjamin Soh, Managing Director, STACS.
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27 March 2023
Culture Club: What ‘good’ looks like for the fashion industry
The fashion industry has a terrible reputation for being one of the world’s most polluting industries. And with the slew of annual global fashion weeks well underway, consumer demand for sustainable fashion has created a greater impetus for businesses to pivot towards sustainability.
But what are the challenges often faced in attaining sustainability in the fashion industry? Can Singapore ever be a sustainable fashion hub of the world?
Benjamin Soh, Founder & Managing Director, STACS tells us more.
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