We have established a Green Financing Framework to fund planned and future green projects that support our sustainability efforts. The establishment of our Green Financing Framework will contribute towards Singapore Green Plan 2030, a whole-of-nation movement to advance Singapore’s national agenda on sustainable development. It is also a boost to our continuing efforts and innovation to ensure a sustainable water supply for Singapore.
Our Green Financing Framework is aligned to the International Capital Market Association (ICMA) Green Bond Principles 2021 and the ASEAN Capital Market Forum (ACMF) ASEAN Green Bond Standards 2018. Our projects will advance goals in sustainable water and wastewater management, and renewable energy. Projects must achieve reduction in greenhouse gas emissions and contribute to decarbonisation or show improvements to the environment to qualify as green projects.
