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.