- Reducing Scope 3 emissions (business air travel and outsourced currency operations)
- Data gaps and evolving climate risk frameworks
- Greenwashing risks
Monetary Authority of Singapore
Greenhouse gas emissions & sustainability report data
In its 2021-06 to 2022-06 reporting, Monetary Authority of Singapore disclosed greenhouse gas emissions of 10.0K tCO2e/year (FY2021). By scope: Scope 1: 88 tCO2e/year (FY2021); Scope 2: 3.8K tCO2e/year (FY2021); Scope 3: 6.1K tCO2e/year (FY2021). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
10.0K tCO2e/year (FY2021)
2021-06 to 2022-06
📊 Emissions by Scope (2021-06 to 2022-06)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 88 tCO2e/year (FY2021) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.8K tCO2e/year (FY2021) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 6.1K tCO2e/year (FY2021) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 2 emissions by 23% from its peak in 2013
- Introduced NEWater in our overall water reticulation system, reducing potable water usage.
- Maintained GreenMark certification (Platinum) since 2015.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1, Scope 2 and Scope 3 (business air travel) emissions by 17.5% by FY2025
- Reduce Scope 3 (outsourced currency operations) emissions by 10% by FY2025
- Improve Energy Utilisation Index and Water Efficiency Index by 10%, and Waste Disposal Index by 30% by 2030
📅 Medium-term
- Reduce Scope 1, Scope 2 and Scope 3 (business air travel) emissions by 30% by FY2030
- Reduce Scope 3 (outsourced currency operations) emissions by 20% by FY2030
- Reduce WACI of the equities portfolio by up to 50% by FY2030
🔭 Long-term
- Net-zero emissions target for physical operations at the earliest possible timeframe
🌱 ESG Focus Areas
Climate ChangeSustainable FinanceEnvironmental Risk ManagementGovernance