SUBSCRIBERS

How data can enable high-quality carbon credits for a sustainable Singapore

    • The market for carbon credits is plagued by issues such as a lack of data and digital infrastructure, giving rise to issues such as double-counting and greenwashing.
    • The market for carbon credits is plagued by issues such as a lack of data and digital infrastructure, giving rise to issues such as double-counting and greenwashing. Getty Images
    Published Mon, Nov 14, 2022 · 05:29 PM

    A WAVE of green is sweeping through the economy as everywhere businesses of all sizes – from neighbourhood mom-and-pop shops to large corporates like BlackRock – are recognising the significance of sustainability as a core consideration for long-term economic success.

    In Singapore, an increasing number of them have also begun implementing measures to make their business operations more sustainable.

    Since the global phenomenon that some have termed the “green awakening”, the buzzword on the lips of politicians, business leaders, and climate experts seems to be “decarbonisation” – the reduction of carbon dioxide (CO2) output into the atmosphere.

    Share with us your feedback on BT's products and services