Greenprint (Gprnt), a Singapore-based sustainability reporting and data platform company, has raised $4.62 million in seed funding from strategic investors Ant International and MUFG Bank.
Gprnt said in a statement on last Thursday that this marks a significant step forward in Singapore’s deployment of digital infrastructure for sustainability disclosure and data.
According to the statement, the fresh capital will go towards strengthening the firm’s digital infrastructure, deepening its artificial intelligence (AI) capabilities, and accelerating the onboarding of partners in Singapore and across the region.
Ant International, a global digital payment, digitisation, and financial technology provider headquartered in Singapore; and MUFG Bank, one of the world’s largest financial institutions, are supporting Gprnt’s mission to simplify and scale sustainability reporting.
Both organizations will integrate Gprnt into their ecosystems to support firms with sustainability disclosures, help clients bridge their Scope 3 supply chain data gaps, and unlock new partnership and financing opportunities.
“This marks a pivotal moment, not just for Gprnt, but for the future of sustainability reporting,”
“With our investors and strategic partners, we’ve built a landmark solution that empowers companies of all sizes to transform environmental, social, and governance (ESG) reporting and data from a burden to a bridge, at minimal cost and fuss,” said Lionel Wong, Executive Director, Gprnt.
“We’re excited to put Gprnt into the hands of more governments, financial institutions, corporates, and small and medium-sized enterprises (SMEs), to jointly shape a world where sustainable business models and practices become the norm,” he added.
Gprnt has also on last Thursday unveiled the world’s first nationwide utility enabling companies in Singapore to automatically generate their basic sustainability metrics.
The platform was launched by the Monetary Authority of Singapore (MAS) as a digital platform of the Global Finance and Technology Network (GFTN).
In the months ahead, Gprnt said it will continue to scale its services and network of partners across Asia.
With innovations such as a proprietary sustainability marketplace, intelligent recommendation engines, and upcoming support for Scope 3 supply chain reporting, the firm aims to empower all stakeholders across the entire value chain, from the smallest SMEs to the largest organizations, towards tangible and practical climate action.
Supported by the GFTN, Gprnt’s roadmap includes the launch of an affordable end-to-end digital assurance service, an AI-powered virtual sustainability officer to assist companies, ESG data application programming interfaces (APIs), and ESG analytics tools to help users act on their reported data.
“Digital innovation and industry collaborations are key to helping micro, small and medium enterprises (MSMEs) in their sustainability transformation journeys,
“Through Program Sirius, Ant International collaborates with Gprnt and other industry leaders to explore ways to make the sustainability disclosure process easier and more robust for MSMEs, including aligning on sustainability metrics and leveraging the use of digital ecosystems which MSMEs already operate in,” said Leiming Chen, Chief Sustainability Officer, Ant International.
Taichi Murakami, Deputy Head, Global Corporate & Investment Banking, Asia Pacific, MUFG Bank, said Gprnt’s ability to re-imagine how companies can integrate sustainability data and reporting into their business operations is outstanding.
“This first-of-its kind utilities data feature is just another example of how the digital platform continues to scale new heights through the pioneering of innovative and intelligent solutions in service of Asia’s energy transition,
“MUFG’s strategic partnership with Gprnt is driven by a shared purpose of harnessing digital transformation for empowerment and growth, and we look forward to enhancing collaboration in areas ranging from sustainable finance to supply chain business solutions for the betterment of the broader business community,” he added.
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