Enterprise Singapore and CDP Launch New Environmental Disclosure Programme for Singapore Enterprises

Enterprise Singapore (EnterpriseSG) and CDP, a global non-profit organisation specialising in environmental disclosure for companies, has launched a new environmental disclosure programme for Singapore enterprises, as part of EnterpriseSG’s Enterprise Sustainability Programme.

Under this new environmental disclosure programme, Singapore enterprises will have access to a structured framework that will guide them in disclosing their environmental data and performance, via CDP’s questionnaire approach.

Participating companies will also receive benchmarking data on key performance indicators measured against industry peers, to help them better understand their performance, uncover risks and opportunities and integrate environmental considerations into their business strategy.

CDP will also provide one-to-one advisory services for selected companies to improve their disclosures and sustainability efforts.

To encourage environmental disclosure amongst companies in Singapore, EnterpriseSG will support 70% of the programme fees for the first year of disclosure.

Christine Wong, Executive Director of Circular Economy and Sustainability, Enterprise Singapore said: “As the global push for climate action intensifies, companies are increasingly facing requirements by investors, financiers and large corporate clients to disclose their environmental impact. This programme provides a step-by-step approach for companies to disclose their environmental data and ascertain the environmental footprint of their economic activities.”