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.