The SGFIN Whitepaper Series offers research-driven insights on sustainability, ESG data, carbon footprint analysis, and impact valuation. These publications support businesses and policymakers in making informed, forward-looking decisions.

Visit this page regularly for new whitepapers and the latest thought leadership.

Sustainable Business in Biofuels

10

Weina Zhang | Michael Alexander | Feimo Zhang | Fanny Xueqi Or | Jefferson | Jiaxin Zhang

This whitepaper aims to support the efforts towards scaling and commercialising the biofuels in a more financially and environmentally sustainable manner, equipping stakeholders in the biofuel industry with the knowledge on key gaps and opportunities within biofuels’ business models, financing, and policy landscapes.

Consumption Carbon Footprint: Country Level Data Framework

9

Flavia Badarinza | Johannine Enerio | Devansh Joshi | Johan Sulaeman | Sumit Agarwal

This whitepaper presents a country-agnostic algorithm for estimating household and individual carbon footprints based on personal consumption baskets.

Harmonized Framework for Corporate Sustainability Evaluation

8

Asda Pandiangan | Saranraj Rajindran | Zhang Feimo | Johan Sulaeman

This whitepaper outlines SGFIN’s Sustainability Evaluation Framework (SEF) that integrates corporate operations and value chain, strategic planning, and external validation through independent audits and adherence to global reporting standards.

Consumption Carbon Footprint: Singapore Case Study

7

Flavia Badarinza | Johannine Enerio | Devansh Joshi | Johan Sulaeman | Sumit Agarwal

This whitepaper aims to provide an assessment of Singapore’s household consumption carbon footprint using the country-agnostic algorithm described in the SGFIN Whitepaper “Consumption Carbon Footprint: Country Level Data Framework”. It seeks to highlight carbon impacts across income groups and consumption categories while identifying pathways for footprint reduction and opportunities for carbon labelling and value-chain decarbonization.

Improving the Integrity of Sustainability Data: Reviewing Environmental Coverage of Sustainability Data Providers

6

Saranraj Rajindran | Tifanny Hendratama | Johan Sulaeman

This whitepaper aims to highlight the inconsistencies in underlying sustainability data that informs sustainability ratings, quantify the data gaps in Southeast Asia, and provide insights to enhance the usefulness of sustainability data for commercial, financial and research purposes.

Principles and Requirements for Evaluating Carbon Credit Frameworks

5

Desmond Tay | Michael Alexander | Syalabi Seet | Johan Sulaeman

This whitepaper aims to propose a robust methodology and a set of principles and requirements to evaluate carbon credit verification frameworks. Using the methodology, we examine dominant frameworks in the global carbon market and evaluate their ability to support high quality carbon credits.

Integrated Impact Valuation Framework for Green Buildings

4

Jefferson | Weina Zhang | Aaron Mueller | Chunyu Yang

This whitepaper introduces SGFIN’s integrated impact valuation framework for green buildings: a comprehensive approach built on the harmonized impact indicators of 13 existing building certification standards and impact measurement frameworks. Our proposed framework integrates Economic, Environmental, Social, and Governance (EESG) impacts into a unified monetary assessment model, providing a better understanding of the impact values created by green buildings.

A Guide to Sustainable Events: Singapore MICE Carbon Calculator

3

Yannis Yuan | Johannine Enerio | Weina Zhang

This whitepaper aims to present a web-based carbon calculation toolkit tailored to Singapore’s MICE sector, detailing its methodology and local data enhancements to help organizers estimate and assess the carbon footprint of their events.

ESG Data Primer: Current Usage & Future Applications

2

Tifanny Hendratama | David C. Broadstock | Johan Sulaeman

This whitepaper aims to clarify the fundamentals, sources, and limitations of ESG data, offering a practical introduction to help investors and researchers better understand its use, variability, and implications for responsible investing.

Impact Valuation of Energy Transition Projects in Asia: 2013-2022

1

Vigilia Ang Sher Wen | Desmond Tay Zhi Yuan | Weina Zhang

This whitepaper aims to evaluate the impact of energy-transition projects in Asia using appropriate financial proxies to establish an assessed value that allows projects to be compared across sectors and industries.