The Monetary Authority of Singapore (MAS) and CDP, on March 18, signed a memorandum of understanding (MOU) to promote sustainability disclosures and access to quality ESG data across the financial sector and real economy.
CDP is an international non-profit organisation that operates one of the world’s leading environmental disclosure systems for companies and sub-national governments. It was formerly known as the Carbon Disclosure Project.
The organisation’s environmental disclosure system allows investors, companies and cities to measure and manage their environmental impacts. It has one of the world’s most comprehensive collection of self-reported data from companies globally, which has significant synergies with MAS’s Project Greenprint, a technology and data platform for high-quality ESG data.