MAS and non-profit CDP ink MOU to promote access to ESG data
They will explore exchange of information, implement programmes for financial institutions on climate disclosures
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THE Monetary Authority of Singapore (MAS) and CDP - a UK-headquartered non-profit organisation behind a global environmental-disclosure system for companies and sub-national governments - have signed a memorandum of understanding (MOU) to promote sustainability disclosures and access to quality environmental, social and governance (ESG) data across the financial sector and real economy.
In a joint statement on Friday (Mar 18), both organisations said they will collaborate to explore the exchange of information between CDP's disclosure system and MAS' Project Greenprint to enhance financial institutions' access to ESG data, as well as to implement
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