Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/launch-of-my-green-credits-for-a-low-carbon--smart-energy-singapore SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Launch of My Green Credits for a Low-carbon, Smart Energy Singapore SUSTAINABILITY SP has launched My Green CreditsTM on the SP Utilities app, to enable everyone to contribute to a low-carbon, smart energy Singapore. With My Green Credits, anyone with a utilities account can purchase Renewable Energy Certificates (RECs) to counter the impact of their electricity consumption in a convenient, affordable and secure way. There is a choice to “green” any amount from zero to 100 per cent of monthly electricity consumption, at the click of a button. As part of our commitment to create a low-carbon future, SP is covering 100 per cent of the electricity consumption at our Kallang HQ with RECs. Group CEO Stanley Huang said: “Many in Singapore are keen to make green practices part of their everyday life. However, they may be deterred by relatively high costs and the lack of easy access to green sources on a sustained basis. With My Green Credits, everyone can counter the impact of their electricity consumption and create a low-carbon, smart energy Singapore. We are putting the green power back in the consumer’s hands, in a convenient, affordable and secure way.” Head of Sustainability and Innovation, May Liew, added, “Sustainability is more than a buzz word – based on our observations and interactions with people around us, there is a high level of environmental consciousness to do our part to protect our planet.  With My Green Credits, we are empowering consumers to take that step towards making sustainability a way of life.” My Green Credits is jointly developed by our Sustainable Energy Solutions and SP Digital teams. They have designed a simple journey for anyone who wishes to “green” their electricity consumption: For more information on My Green Credits, contact the team at rec@spgroup.com.sg. — 2 October 2020 TAGS DISTRICT COOLINGCENTRALISED COOLING SYSTEM YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/launch-of-my-green-credits-for-a-low-carbon--smart-energy-singapore SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Launch of My Green Credits for a Low-carbon, Smart Energy Singapore SUSTAINABILITY SP has launched My Green CreditsTM on the SP Utilities app, to enable everyone to contribute to a low-carbon, smart energy Singapore. With My Green Credits, anyone with a utilities account can purchase Renewable Energy Certificates (RECs) to counter the impact of their electricity consumption in a convenient, affordable and secure way. There is a choice to “green” any amount from zero to 100 per cent of monthly electricity consumption, at the click of a button. As part of our commitment to create a low-carbon future, SP is covering 100 per cent of the electricity consumption at our Kallang HQ with RECs. Group CEO Stanley Huang said: “Many in Singapore are keen to make green practices part of their everyday life. However, they may be deterred by relatively high costs and the lack of easy access to green sources on a sustained basis. With My Green Credits, everyone can counter the impact of their electricity consumption and create a low-carbon, smart energy Singapore. We are putting the green power back in the consumer’s hands, in a convenient, affordable and secure way.” Head of Sustainability and Innovation, May Liew, added, “Sustainability is more than a buzz word – based on our observations and interactions with people around us, there is a high level of environmental consciousness to do our part to protect our planet.  With My Green Credits, we are empowering consumers to take that step towards making sustainability a way of life.” My Green Credits is jointly developed by our Sustainable Energy Solutions and SP Digital teams. They have designed a simple journey for anyone who wishes to “green” their electricity consumption: For more information on My Green Credits, contact the team at rec@spgroup.com.sg. — 2 October 2020 TAGS DISTRICT COOLINGCENTRALISED COOLING SYSTEM YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/launch-of-my-green-credits-for-a-low-carbon--smart-energy-singapore SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Launch of My Green Credits for a Low-carbon, Smart Energy Singapore SUSTAINABILITY SP has launched My Green CreditsTM on the SP Utilities app, to enable everyone to contribute to a low-carbon, smart energy Singapore. With My Green Credits, anyone with a utilities account can purchase Renewable Energy Certificates (RECs) to counter the impact of their electricity consumption in a convenient, affordable and secure way. There is a choice to “green” any amount from zero to 100 per cent of monthly electricity consumption, at the click of a button. As part of our commitment to create a low-carbon future, SP is covering 100 per cent of the electricity consumption at our Kallang HQ with RECs. Group CEO Stanley Huang said: “Many in Singapore are keen to make green practices part of their everyday life. However, they may be deterred by relatively high costs and the lack of easy access to green sources on a sustained basis. With My Green Credits, everyone can counter the impact of their electricity consumption and create a low-carbon, smart energy Singapore. We are putting the green power back in the consumer’s hands, in a convenient, affordable and secure way.” Head of Sustainability and Innovation, May Liew, added, “Sustainability is more than a buzz word – based on our observations and interactions with people around us, there is a high level of environmental consciousness to do our part to protect our planet.  With My Green Credits, we are empowering consumers to take that step towards making sustainability a way of life.” My Green Credits is jointly developed by our Sustainable Energy Solutions and SP Digital teams. They have designed a simple journey for anyone who wishes to “green” their electricity consumption: For more information on My Green Credits, contact the team at rec@spgroup.com.sg. — 2 October 2020 TAGS DISTRICT COOLINGCENTRALISED COOLING SYSTEM YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholdershttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/UOB-and-SP-Group-partner-to-offset-100--or-more-of-household-electricity-carbon-emissions-for-UOB-EVOL-cardholders News Release UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders Cardholders can now achieve their sustainability goals seamlessly and conveniently when they charge their utilities bills to their card Singapore, 23 November 2022 – UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group’s (SP) utilities bills to their credit card, via a new exclusive feature jointly launched by UOB and SP this month. With this new feature, when customers charge SP utilities bills to their UOB EVOL card, UOB will fund and contribute 2 per cent of the billed amount to purchase My Green Credits on the SP app on behalf of the customer. My Green Credits is an affordable and convenient way for customers to get on the sustainability movement by greening their energy consumption through the purchase the amount of “green credits” in the form of Renewable Energy Certificates (RECs)1. For example, when customers charge a $90 utilities bill to their UOB EVOL card, they will receive $1.80 worth of complimentary My Green Credits from UOB, equivalent to 2% of the billed amount. My Green Credits is purchased at a cost of S$0.12 per 25 kWh, which will translate to offsetting 375 kWh (kilowatt hour) or equivalent to an average national 4-room HDB flat’s electricity usage. This is equivalent to offsetting 100 per cent of the home’s electricity carbon footprint (see Annex for illustration). New UOB EVOL cardmembers paying their SP bills via the SP app will automatically enjoy the complimentary My Green Credits, while existing cardholders who are using the SP app to pay their bills before 10 November 2022 will simply need to do a one-time re-add of their EVOL card as a payment method to be eligible. My Green Credits will be automatically reflected within the customer’s SP app, with no additional effort required from them when bill payments are made. This benefit is available for both one-time and recurring SP bills payments. UOB EVOL card is the first in the market to partner with SP Group, Singapore’s national grid operator and leading sustainable energy solutions provider in the region, to offer customers complimentary My Green Credits when they use their EVOL Card to make utilities payment. This feature is applicable to all existing and new EVOL cardholders. The My Green Credits purchased will go towards supporting sustainable energy project developments in the region for the generation of green energy. 1Renewable Energy Certificates (RECs) are tradable green energy attributes that represent units of electricity generated from renewable energy generation facilities. These facilities comply with and are registered under internationally recognised standards, such as the I-REC standard, and are eligible to be issued RECs for every unit of electricity generated. A credit card that supports the green initiative UOB EVOL card is designed to appeal and serve the needs of younger customers, particularly their increasing focus on sustainability. The UOB EVOL Card is Southeast Asia’s first credit card to use bio-sourced materials to minimise ecological footprint. The EVOL Card is made of 84 percent polylactic acid (PLA) and created from renewable sources which are safe for incineration process. An EVOL Card that has expired and discarded is biodegradable in an industrial facility. Each EVOL card cuts down the use of plastic by 84 per cent and reduces carbon footprint by 10 grams per card. EVOL card also has a strong partnership with over 30 green partners to increase customers’ awareness of sustainability in their daily spending. This new card feature is another innovative initiative to further help them contribute to sustainable efforts seamlessly and conveniently. Ms Jacquelyn Tan, Head of Group Personal Financial Services, UOB, said “We understand that every customer has unique needs, preferences and goals, and this drives us to do right by them, to serve them in a way that meets their needs. Our wide suite of credit cards provides a comprehensive range of benefits and rewards to cater to different groups of customers on their differing needs. Through our partnership with SP, we are happy to further support the younger generation’s sustainability goals with our UOB EVOL card. This also shows UOB’s commitment towards sustainability, as we empower customers to work with us to tackle climate change and to forge a more sustainable future together.” Mr Luke Tang, Head of Strategy and Sustainability, SP Group, said “We are pleased to partner UOB to catalyse behaviour that promotes sustainability and the use of renewable energy certificates on the SP App to green household electricity consumption. As younger customers chart their sustainability journeys, we look forward to empowering them with green platforms and resources and collectively accelerate Singapore’s progress towards net zero.” The SP app was launched by SP as the first sustainability lifestyle app in Singapore. It aims to incorporate green solutions and initiatives to provide users with insights and solutions to manage their utilities and to reduce their carbon footprint. In addition to My Green Credits, users can also use the app to manage their utilities, reduce electricity consumption and contribute to Singapore’s sustainability targets to achieve a low-carbon future. On another sustainable front, as part of the UOB EVOL Card My Green Credits launch, SP supported National Parks Board’s (NParks) OneMillionTrees movement to plant a million more trees across Singapore by 2030 through NParks’ registered charity and IPC, Garden City Fund’s Plant-A-Tree programme. UOB and SP will plant 50 trees in April 2023, bringing us closer to realising our vision of becoming a City in Nature, a key pillar of the Singapore Green Plan 2030. Strategic partnership to create better solutions for customers This year marks the fourth year of partnership between UOB and SP, with joint efforts to empower customers on their green goals. Previous collaborations include the purchase of RECs through SP as part of a National Day promotion in 2021 for the EVOL card. UOB has also launched an API with SP in 2020, to allow UOB customers to instantly use their UNI$ to off-set their utility bills. Moving forward, UOB will work with SP to launch another new feature in the first quarter of 2023 that allows UOB cardholders to use their UNI$ to redeem for My Green Credits via the SP mobile app. They can choose which local or international renewable energy projects that they would like to support with the My Green Credits redeemed. Under the My Green Credits initiative, SP is supporting various green projects ranging from a solar farm in Vietnam, to a wind farm in Thailand, to a solar rooftop system in Singapore, to help reduce emissions and impact on the environment. In line with Singapore’s strong push to electrify its vehicle population, ecosystem, UOB and SP also have plans to provide promotional offers to customers who use their UOB cards to pay for electric vehicles (EV) charging at SP EV charging points. Over the past 2 years, UOB has been building up a suite of sustainable future solutions to make it simpler for customers to create impact with their everyday choices. The Bank has an established sustainable investing approach which set standards for its Singapore and regional footprint by curating a suite of sustainable investments across funds, bonds and structured products. This includes its first UOB Personal Financial Services (PFS) secured loans green product framework, serving as the foundation of its Go Green home and car loans. The framework leverages insight from Morningstar Sustainalytics, a leading global provider of ESG research, ratings, and data. In November 2022, UOB also will be availing a digital doorway to sustainable banking on the UOB TMRW app, allowing customers to easily access green deals, investments and banking products on mobile. Through the app, customers will also receive eco-friendly tips for the holiday festivities, and personalised insights to bank and live more sustainably in 2023. - Ends - About UOB UOB is a leading bank in Asia with a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and representative offices across the region. For more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of the social development of art, children and education, doing right by our communities. About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore, China, Vietnam and Thailand. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric

Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/launch-of-my-green-credits-for-a-low-carbon--smart-energy-singapore SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Launch of My Green Credits for a Low-carbon, Smart Energy Singapore SUSTAINABILITY SP has launched My Green CreditsTM on the SP Utilities app, to enable everyone to contribute to a low-carbon, smart energy Singapore. With My Green Credits, anyone with a utilities account can purchase Renewable Energy Certificates (RECs) to counter the impact of their electricity consumption in a convenient, affordable and secure way. There is a choice to “green” any amount from zero to 100 per cent of monthly electricity consumption, at the click of a button. As part of our commitment to create a low-carbon future, SP is covering 100 per cent of the electricity consumption at our Kallang HQ with RECs. Group CEO Stanley Huang said: “Many in Singapore are keen to make green practices part of their everyday life. However, they may be deterred by relatively high costs and the lack of easy access to green sources on a sustained basis. With My Green Credits, everyone can counter the impact of their electricity consumption and create a low-carbon, smart energy Singapore. We are putting the green power back in the consumer’s hands, in a convenient, affordable and secure way.” Head of Sustainability and Innovation, May Liew, added, “Sustainability is more than a buzz word – based on our observations and interactions with people around us, there is a high level of environmental consciousness to do our part to protect our planet.  With My Green Credits, we are empowering consumers to take that step towards making sustainability a way of life.” My Green Credits is jointly developed by our Sustainable Energy Solutions and SP Digital teams. They have designed a simple journey for anyone who wishes to “green” their electricity consumption: For more information on My Green Credits, contact the team at rec@spgroup.com.sg. — 2 October 2020 TAGS DISTRICT COOLINGCENTRALISED COOLING SYSTEM YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=green-energy Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/launch-of-my-green-credits-for-a-low-carbon--smart-energy-singapore SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Launch of My Green Credits for a Low-carbon, Smart Energy Singapore SUSTAINABILITY SP has launched My Green CreditsTM on the SP Utilities app, to enable everyone to contribute to a low-carbon, smart energy Singapore. With My Green Credits, anyone with a utilities account can purchase Renewable Energy Certificates (RECs) to counter the impact of their electricity consumption in a convenient, affordable and secure way. There is a choice to “green” any amount from zero to 100 per cent of monthly electricity consumption, at the click of a button. As part of our commitment to create a low-carbon future, SP is covering 100 per cent of the electricity consumption at our Kallang HQ with RECs. Group CEO Stanley Huang said: “Many in Singapore are keen to make green practices part of their everyday life. However, they may be deterred by relatively high costs and the lack of easy access to green sources on a sustained basis. With My Green Credits, everyone can counter the impact of their electricity consumption and create a low-carbon, smart energy Singapore. We are putting the green power back in the consumer’s hands, in a convenient, affordable and secure way.” Head of Sustainability and Innovation, May Liew, added, “Sustainability is more than a buzz word – based on our observations and interactions with people around us, there is a high level of environmental consciousness to do our part to protect our planet.  With My Green Credits, we are empowering consumers to take that step towards making sustainability a way of life.” My Green Credits is jointly developed by our Sustainable Energy Solutions and SP Digital teams. They have designed a simple journey for anyone who wishes to “green” their electricity consumption: For more information on My Green Credits, contact the team at rec@spgroup.com.sg. — 2 October 2020 TAGS DISTRICT COOLINGCENTRALISED COOLING SYSTEM YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Climate Services for Individualshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Climate Services for Individuals My Green Credits By purchasing My Green Credits, you go green by supporting the need for more renewable energy! On the SP app, you can choose which renewable energy projects you wish to support and decide how green you want to be by selecting the percentage of your monthly electricity consumption - up to 100 per cent - to match with the credits. This will be based on the user's previous utilities bill consumption. The purchase will generate a REC indicating the estimated amount of carbon dioxide emissions the buyer has avoided. Help green Singapore by greening your electricity consumption! In support of going green and the nation's initiatives, SP Group will be donating 15% of proceeds from every purchase of My Green Credits under the OneMillionTrees category to support the NPark's movement. * Tap or scan QR code to open the SP app. My Carbon Footprint Calculator What is a carbon calculator? My Carbon Footprint is a carbon calculator that helps individuals analyse their emissions and aim to lead a greener lifestyle. This easy-to-use calculator tabulates and track the emissions that results from your daily activities and holiday travels. Why should we calculate our emissions? The emissions that results from our daily activities pose a negative impact on the environment  that we live in. Our emissions contribute toclimate change rising temperatures, rising sea levels and extreme weather patterns.Therefore,we need to know our emissions in order to know what we can reduce. How do I get started? Click here to calculate your carbon footprint. Or, track your emissions monthly through the SP app. Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/launch-of-my-green-credits-for-a-low-carbon--smart-energy-singapore SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Launch of My Green Credits for a Low-carbon, Smart Energy Singapore SUSTAINABILITY SP has launched My Green CreditsTM on the SP Utilities app, to enable everyone to contribute to a low-carbon, smart energy Singapore. With My Green Credits, anyone with a utilities account can purchase Renewable Energy Certificates (RECs) to counter the impact of their electricity consumption in a convenient, affordable and secure way. There is a choice to “green” any amount from zero to 100 per cent of monthly electricity consumption, at the click of a button. As part of our commitment to create a low-carbon future, SP is covering 100 per cent of the electricity consumption at our Kallang HQ with RECs. Group CEO Stanley Huang said: “Many in Singapore are keen to make green practices part of their everyday life. However, they may be deterred by relatively high costs and the lack of easy access to green sources on a sustained basis. With My Green Credits, everyone can counter the impact of their electricity consumption and create a low-carbon, smart energy Singapore. We are putting the green power back in the consumer’s hands, in a convenient, affordable and secure way.” Head of Sustainability and Innovation, May Liew, added, “Sustainability is more than a buzz word – based on our observations and interactions with people around us, there is a high level of environmental consciousness to do our part to protect our planet.  With My Green Credits, we are empowering consumers to take that step towards making sustainability a way of life.” My Green Credits is jointly developed by our Sustainable Energy Solutions and SP Digital teams. They have designed a simple journey for anyone who wishes to “green” their electricity consumption: For more information on My Green Credits, contact the team at rec@spgroup.com.sg. — 2 October 2020 TAGS DISTRICT COOLINGCENTRALISED COOLING SYSTEM YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=my-green-credits Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Expansion of SP’s district cooling network at Marina Bay SP’s district cooling network at Marina Bay will be expanded to include the developments of four customers – Marina View, Clifford Centre, OUE Bayfront and The Fullerton Heritage, which includes Fullerton Bay Hotel, Clifford Pier and Customs House, – increasing the network’s installed capacity to 75,000 refrigeration tonnes (RT) by 2027. Category: Sustainability The One Million Trees Movementhttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/carbon-footprint-calculator-and-green-credits/one-million-trees OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us The OneMillionTrees Movement Be A Part Of The OneMillionTrees Movement Green the electricity consumption of your household and you will contribute to greening Singapore. In partnership with Garden City Fund under NParks, SP Group is pledging to donate 15% of proceeds from every purchase of My Green CreditsTM under the OneMillionTrees category to support the movement*. The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore over the next 10 years. This is part of NParks' efforts to transform Singapore into a City in Nature, which is a key pillar under the Singapore Green Plan 2030. Community is key to the success of this movement — so join us to play an active role in the greening of Singapore. * Effective from 1 April 2023 to 31 March 2025 My Green CreditsTM My Green Credits is a feature on SP app that gives household owners a choice to support the growth of renewable energy projec ts through the purchase of renewable energy certificates (RECs). RECs is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-mega watt hour (MWh) of energy produced by renewable sources such as solar, wind and others. Affordable and Convenient You can buy My Green Credits for as low as S$1 directly from the SP app. Go as green as you want by selecting any portion of your monthly electricity consumption to green. Encourage the development of Renewable Energy Generation Your demand for My Green Credits signals a demand for renewable energy such as solar and wind energy. Make a positive impact to climate change Greening your electricity consumption means reduced carbon emissions. Under our new partnership with OneMillionTrees movement, more trees will be planted to green Singapore. Buy My Green Credits Now! 15% of your purchase under the OneMillionTrees category will be donated to the movement * Tap or scan QR code to open the SP app. Step-by-step guide to buying My Green Credits Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholdershttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/UOB-and-SP-Group-partner-to-offset-100--or-more-of-household-electricity-carbon-emissions-for-UOB-EVOL-cardholders News Release UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders Cardholders can now achieve their sustainability goals seamlessly and conveniently when they charge their utilities bills to their card Singapore, 23 November 2022 – UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group’s (SP) utilities bills to their credit card, via a new exclusive feature jointly launched by UOB and SP this month. With this new feature, when customers charge SP utilities bills to their UOB EVOL card, UOB will fund and contribute 2 per cent of the billed amount to purchase My Green Credits on the SP app on behalf of the customer. My Green Credits is an affordable and convenient way for customers to get on the sustainability movement by greening their energy consumption through the purchase the amount of “green credits” in the form of Renewable Energy Certificates (RECs)1. For example, when customers charge a $90 utilities bill to their UOB EVOL card, they will receive $1.80 worth of complimentary My Green Credits from UOB, equivalent to 2% of the billed amount. My Green Credits is purchased at a cost of S$0.12 per 25 kWh, which will translate to offsetting 375 kWh (kilowatt hour) or equivalent to an average national 4-room HDB flat’s electricity usage. This is equivalent to offsetting 100 per cent of the home’s electricity carbon footprint (see Annex for illustration). New UOB EVOL cardmembers paying their SP bills via the SP app will automatically enjoy the complimentary My Green Credits, while existing cardholders who are using the SP app to pay their bills before 10 November 2022 will simply need to do a one-time re-add of their EVOL card as a payment method to be eligible. My Green Credits will be automatically reflected within the customer’s SP app, with no additional effort required from them when bill payments are made. This benefit is available for both one-time and recurring SP bills payments. UOB EVOL card is the first in the market to partner with SP Group, Singapore’s national grid operator and leading sustainable energy solutions provider in the region, to offer customers complimentary My Green Credits when they use their EVOL Card to make utilities payment. This feature is applicable to all existing and new EVOL cardholders. The My Green Credits purchased will go towards supporting sustainable energy project developments in the region for the generation of green energy. 1Renewable Energy Certificates (RECs) are tradable green energy attributes that represent units of electricity generated from renewable energy generation facilities. These facilities comply with and are registered under internationally recognised standards, such as the I-REC standard, and are eligible to be issued RECs for every unit of electricity generated. A credit card that supports the green initiative UOB EVOL card is designed to appeal and serve the needs of younger customers, particularly their increasing focus on sustainability. The UOB EVOL Card is Southeast Asia’s first credit card to use bio-sourced materials to minimise ecological footprint. The EVOL Card is made of 84 percent polylactic acid (PLA) and created from renewable sources which are safe for incineration process. An EVOL Card that has expired and discarded is biodegradable in an industrial facility. Each EVOL card cuts down the use of plastic by 84 per cent and reduces carbon footprint by 10 grams per card. EVOL card also has a strong partnership with over 30 green partners to increase customers’ awareness of sustainability in their daily spending. This new card feature is another innovative initiative to further help them contribute to sustainable efforts seamlessly and conveniently. Ms Jacquelyn Tan, Head of Group Personal Financial Services, UOB, said “We understand that every customer has unique needs, preferences and goals, and this drives us to do right by them, to serve them in a way that meets their needs. Our wide suite of credit cards provides a comprehensive range of benefits and rewards to cater to different groups of customers on their differing needs. Through our partnership with SP, we are happy to further support the younger generation’s sustainability goals with our UOB EVOL card. This also shows UOB’s commitment towards sustainability, as we empower customers to work with us to tackle climate change and to forge a more sustainable future together.” Mr Luke Tang, Head of Strategy and Sustainability, SP Group, said “We are pleased to partner UOB to catalyse behaviour that promotes sustainability and the use of renewable energy certificates on the SP App to green household electricity consumption. As younger customers chart their sustainability journeys, we look forward to empowering them with green platforms and resources and collectively accelerate Singapore’s progress towards net zero.” The SP app was launched by SP as the first sustainability lifestyle app in Singapore. It aims to incorporate green solutions and initiatives to provide users with insights and solutions to manage their utilities and to reduce their carbon footprint. In addition to My Green Credits, users can also use the app to manage their utilities, reduce electricity consumption and contribute to Singapore’s sustainability targets to achieve a low-carbon future. On another sustainable front, as part of the UOB EVOL Card My Green Credits launch, SP supported National Parks Board’s (NParks) OneMillionTrees movement to plant a million more trees across Singapore by 2030 through NParks’ registered charity and IPC, Garden City Fund’s Plant-A-Tree programme. UOB and SP will plant 50 trees in April 2023, bringing us closer to realising our vision of becoming a City in Nature, a key pillar of the Singapore Green Plan 2030. Strategic partnership to create better solutions for customers This year marks the fourth year of partnership between UOB and SP, with joint efforts to empower customers on their green goals. Previous collaborations include the purchase of RECs through SP as part of a National Day promotion in 2021 for the EVOL card. UOB has also launched an API with SP in 2020, to allow UOB customers to instantly use their UNI$ to off-set their utility bills. Moving forward, UOB will work with SP to launch another new feature in the first quarter of 2023 that allows UOB cardholders to use their UNI$ to redeem for My Green Credits via the SP mobile app. They can choose which local or international renewable energy projects that they would like to support with the My Green Credits redeemed. Under the My Green Credits initiative, SP is supporting various green projects ranging from a solar farm in Vietnam, to a wind farm in Thailand, to a solar rooftop system in Singapore, to help reduce emissions and impact on the environment. In line with Singapore’s strong push to electrify its vehicle population, ecosystem, UOB and SP also have plans to provide promotional offers to customers who use their UOB cards to pay for electric vehicles (EV) charging at SP EV charging points. Over the past 2 years, UOB has been building up a suite of sustainable future solutions to make it simpler for customers to create impact with their everyday choices. The Bank has an established sustainable investing approach which set standards for its Singapore and regional footprint by curating a suite of sustainable investments across funds, bonds and structured products. This includes its first UOB Personal Financial Services (PFS) secured loans green product framework, serving as the foundation of its Go Green home and car loans. The framework leverages insight from Morningstar Sustainalytics, a leading global provi

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030.  My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably.  Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore.

Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformation SP is partnering Rangsit University (RSU) in Thailand to transform RSU’s main campus into a smart energy, low-carbon academic environment. Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/smart-grid-index-2021-a-smarter-and-greener-grid SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Smart Grid Index 2021: A smarter and greener grid SUSTAINABILITY In a year of transformation and growing energy transition, utilities around the globe have deepened their commitment to tackling climate change. The global Smart Grid Index (SGI) 2021 by SP Group sees utilities speed up plans towards a decarbonised grid. From the increased focus on green energy and steep rise of renewable energy penetration to electric vehicle charging initiatives, the latest index indicates unprecedented levels of commitment to reduce carbon emissions. Globally, 65 per cent of utilities have solar and wind energy contributing more than 10 per cent of system demand, an increase of nine per cent from the previous year. About 45 per cent of utilities are actively enabling the use of electric vehicles through public charging infrastructure. Into its fourth year, the SGI is a benchmarking tool for key players in the industry to share and drive best practices on smart grid advancement. A total of 86 utilities across 37 countries participated in this year’s indexing exercise. With the energy transformation picking up pace, this annual Index will play an even bigger role in helping grid operators track their progress as the sector races to meet climate change targets. For details of the SGI benchmarking findings, visit here TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ Empowering change Jerome Choong shares the extent of work behind the scenes that goes towards upholding Singapore’s electricity network reliability, while Jennifer Ong elaborates on SP’s expansion into overseas markets. Empowering Green Capabilities Satinderpal Singh and Fong Yi Kit deal with the polarising "hot" and "cold" elements at work, but share one thing in common: empowering organisations with tools to create a low carbon, smart energy Singapore. SP’s first batch of agrivoltaic assets in Guangdong Province, China In China, we are helping customers sustainably maximise farm yields – solar and agriculture – as we invest in our first batch of agrivoltaic assets in Guangdong Province. Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh V

Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Release SP GROUP AND I-REC HELP CORPORATES ACHIEVE GREEN TARGETS SP’s digital REC platform facilitates greater access to green energy Singapore, 31 October 2019 – SP Group (SP) is the first authorised local issuer of International Renewable Energy Certificates (I-RECs) in Asia Pacific Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/helping-corporates-achieve-their-green-targets SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Helping Corporates Achieve Their Green Targets INNOVATION Ms May Liew, Head of Sustainability & Open Innovation, SP Group (seated, left) and Mr Jared Braslawsky, Secretary General of the I-REC Standard Foundation (seated, right), signed Category: Innovation Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects The Business Times - SP Group unveils blockchain-powered green energy platformhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/34445b92-d9ba-4fc8-9690-0fdb608c5296/%5B20181030%5D+The+Business+Times+-+SP+Group+unveils+blockchain-powered+green+energy+platform.pdf?MOD=AJPERES&CVID= certificates (RECs). The move is expected to speed up the expansion of REC trades, which have gained traction here since the ratification of the Paris climate change accord in 2015. SP’s chief digital officer, Samuel Tan, said this new platform that is backed by blockchain technology, enables The Straits Times Home - Easier for small producers to sell 'green credits'https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/0d207c7f-7a74-4c3d-a9c8-d78f91372f56/%5B20181030%5D+The+Straits+Times+Home++-+Easier+for+small+producers+to+sell+'green+credits'.pdf?MOD=AJPERES&CVID= B2 HOME | THE STRAITS TIMES | TUESDAY, OCTOBER 30, 2018 | What is blockchain? What are renewable energy certificates (RECs)? And how will they both interact? SP Group is hoping blockchain marketplace will encourage wider use of renewable energy sources. WHAT IS BLOCKCHAIN? Imagine a digital ledger Sembcorp and SP Group to Collaborate on an Environmental Sustainability Platformhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Sembcorp-and-SP-Group-to-Collaborate-on-an-Environmental-Sustainability-Platform certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers [20180419] Media Release - SP Group Showcases Blockchain Platform For Renewable Energy Transactions With DBShttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/6ffa1ed2-8c40-4657-af26-958f97fa052d/%5B20180419%5D+Media+Release+-+SP+Group+Showcases+Blockchain+Platform+For+Renewable+Energy+Transactions+With+DBS.pdf?MOD=AJPERES&CVID= Media Release SP GROUP SHOWCASES BLOCKCHAIN PLATFORM FOR RENEWABLE ENERGY TRANSACTIONS WITH DBS Singapore, 19 April 2018 – In a world-wide debut, SP Group presented a blockchain marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants [20201027]+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/37f0f441-689f-4c88-90ac-37a24b47503e/%5B20201027%5D+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdf?MOD=AJPERES&CVID= certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from Category: Sustainability 1 2 3 4 5

News Release SP Group awarded BCA grant to empower greener buildings NUS' UTown to pilot SP's digital energy solutions at selected buildings Singapore, 16 June 2021 –The Building and Construction Authority (BCA) has awarded a grant to SP Group (SP) under the Green Buildings Innovation Cluster (GBIC) Programme, to develop and implement technologies and digital solutions to push the limits of buildings’ energy efficiency standards. The GBIC programme is one of the enablers of the Singapore Green Building Masterplan, which in turn supports the Singapore Green Plan 2030. Equipping building operators with smart tools to be energy-efficient 2          Under GBIC funding, SP Group will pilot a dynamic online digital portal and an artificial intelligence (A.I.) powered mobile application tool to provide real-time electricity and water usage insights to both occupants and building facilities managers. Through the portal, users can keep track of the building’s aggregated water and electricity consumption, and the resulting carbon emissions to enable them to proactively identify ways to reduce their carbon footprint and utilities usage. The portal will come with advanced data analytics to assist building operators to plan and achieve more efficient building management by providing actionable recommendations on saving energy and an A.I. enabled anomaly detection function to prevent energy wastage. Empowering building occupants to make sustainable choices  3          Building occupants will also be equipped with an “At Work” function of the SP Utilities App to encourage them to achieve a more sustainable lifestyle. The new function aims to enhance the occupant’s sustainability experience by providing them personalised energy data to build awareness and better understand their building’s consumption performance. Occupants will also be encouraged to adopt green behaviour through gamification such as quizzes and energy saving challenges between occupants, reminders, rewards and tips on saving energy.  Pilot of digital solutions with NUS 4          The National University of Singapore’s (NUS) University Town (UTown) will be the first development to have these digital solutions implemented under this programme. The solutions will be piloted at two buildings at UTown – the Education Resource Centre and the Stephen Riady Centre – and will be installed in the first half of 2022. Both buildings contain various categories of spatial use such as offices, teaching rooms, sports facilities and commercial tenants. This will allow SP and BCA to test the solutions on a variety of areas. Sharing of Building Energy Data in SLEB Smart Hub 5          SP will work together with BCA to incorporate Green Mark data reporting functions into the digital solutions to facilitate the sharing of information between buildings and BCA’s SLEB Smart Hub[1]. The SLEB Smart Hub will serve as an interface to receive, combine and analyse data from different resources and report them to the BCA Green Mark certification system. This enables benchmarking of the building’s energy performance against other similar building types, and piloting of green technologies including automatic energy data reporting for data analytics[2]. 6          Group Chief Executive Officer of SP, Mr Stanley Huang, said, “Decarbonisation is a collective effort and we are at the forefront of enabling this paradigm shift through our strengths in integrated smart energy solutions. Leveraging digitisation and big data analyses, we can enable all building stakeholders to drive positive change at scale. With the support of BCA and building operators, we will develop user-centric solutions to advance next-gen green, energy-efficient buildings, and create green communities that will accelerate a carbon neutral future for Singapore.”  7          Chief Executive of BCA, Mr Kelvin Wong said, “The Green Buildings Innovation Cluster or GBIC Programme has been a cornerstone in furthering the deployment of innovation and technology in improving energy efficiency of buildings in Singapore. With active partnership with the industry, GBIC will be an enabler in meeting one of the outcomes of the Singapore Green Building Masterplan, which is to achieve an 80% improvement in energy efficiency for best-in-class green buildings by 2030. SP Group’s work in developing smart technologies will help building operators and occupants to reduce energy consumption. With buildings accounting for over 20% of Singapore’s emissions, BCA welcomes like-minded firms to partner us to reduce the carbon footprint of the Built Environment, working towards our collective goal of a more sustainable and liveable Singapore.” 8          The BCA Green Building Innovation Cluster aims to help push the boundaries of buildings’ energy efficiency standards under the Singapore Green Building Masterplan (SGBMP) and aid the transition to a low-carbon built environment. The SGBMP supports Singapore’s agenda on sustainable development as part of the Singapore Green Plan 2030, and the nation’s efforts to halve its 2030 peak greenhouse gas emissions by 2050. About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast charging and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About Building and Construction Authority (BCA) The Building and Construction Authority (BCA) champions the development and transformation of the Built Environment sector, in order to improve Singapore’s living environment. BCA oversees areas such as safety, quality, inclusiveness, sustainability and productivity, all of which, together with our stakeholders and industry partners, help to achieve our mission to transform the Built Environment sector and shape a liveable and smart built environment for Singapore. For more information, visit www1.bca.gov.sg. [1]  Super Low Energy Building (SLEB Smart Hub) is Singapore’s first digital knowledge centre for green buildings in the region, feature-filled with smart analytic tools, datasets, a directory and the largest green building database in Singapore. [2] Building owners are required to report their energy data to BCA for green building projects funded under the Green Buildings Innovation Cluster (GBIC) programme.

News Release SP GROUP AWARDED BCA GRANT TO POWER NEXT-GEN GREEN BUILDINGS NUS’ UTown to pilot SP’s digital energy solutions at selected buildings Singapore, 16 June 2021 –The Building and Construction Authority (BCA) has awarded a grant to SP Group (SP) under the Green Buildings Innovation Cluster (GBIC) Programme, to develop and implement technologies and digital solutions to push the limits of buildings’ energy efficiency standards. The GBIC programme is one of the enablers of the Singapore Green Building Masterplan, which in turn supports the Singapore Green Plan 2030. Equipping building operators with smart tools to be energy-efficient 2 Under GBIC funding, SP Group will pilot a dynamic online digital portal and an artificial intelligence (A.I.) powered mobile application tool to provide real-time electricity and water usage insights to both occupants and building facilities managers. Through the portal, users can keep track of the building’s aggregated water and electricity consumption, and the resulting carbon emissions to enable them to proactively identify ways to reduce their carbon footprint and utilities usage. The portal will come with advanced data analytics to assist building operators to plan and achieve more efficient building management by providing actionable recommendations on saving energy and an A.I. enabled anomaly detection function to prevent energy wastage. Empowering building occupants to make sustainable choices 3 Building occupants will also be equipped with an “At Work” function of the SP Utilities App to encourage them to achieve a more sustainable lifestyle. The new function aims to enhance the occupant’s sustainability experience by providing them personalised energy data to build awareness and better understand their building’s consumption performance. Occupants will also be encouraged to adopt green behaviour through 1 gamification such as quizzes and energy saving challenges between occupants, reminders, rewards and tips on saving energy. Pilot of digital solutions with NUS 4 The National University of Singapore’s (NUS) University Town (UTown) will be the first development to have these digital solutions implemented under this programme. The solutions will be piloted at two buildings at UTown – the Education Resource Centre and the Stephen Riady Centre – and will be installed in the first half of 2022. Both buildings contain various categories of spatial use such as offices, teaching rooms, sports facilities and commercial tenants. This will allow SP and BCA to test the solutions on a variety of areas. Sharing of Building Energy Data in SLEB Smart Hub 5 SP will work together with BCA to incorporate Green Mark data reporting functions into the digital solutions to facilitate the sharing of information between buildings and BCA’s SLEB Smart Hub 1 . The SLEB Smart Hub will serve as an interface to receive, combine and analyse data from different resources and report them to the BCA Green Mark certification system. This enables benchmarking of the building’s energy performance against other similar building types, and piloting of green technologies including automatic energy data reporting for data analytics 2 . 6 Group Chief Executive Officer of SP, Mr Stanley Huang, said, “Decarbonisation is a collective effort and we are at the forefront of enabling this paradigm shift through our strengths in integrated smart energy solutions. Leveraging digitisation and big data analyses, we can enable all building stakeholders to drive positive change at scale. With the support of BCA and building operators, we will develop user-centric solutions to 1 Super Low Energy Building (SLEB Smart Hub) is Singapore’s first digital knowledge centre for green buildings in the region, feature-filled with smart analytic tools, datasets, a directory and the largest green building database in Singapore. 2 Building owners are required to report their energy data to BCA for green building projects funded under the Green Buildings Innovation Cluster (GBIC) programme. 2 advance next-gen green, energy-efficient buildings, and create green communities that will accelerate a carbon neutral future for Singapore.” 7 Chief Executive of BCA, Mr Kelvin Wong said, “The Green Buildings Innovation Cluster or GBIC Programme has been a cornerstone in furthering the deployment of innovation and technology in improving energy efficiency of buildings in Singapore. With active partnership with the industry, GBIC will be an enabler in meeting one of the outcomes of the Singapore Green Building Masterplan, which is to achieve an 80% improvement in energy efficiency for best-in-class green buildings by 2030. SP Group’s work in developing smart technologies will help building operators and occupants to reduce energy consumption. With buildings accounting for over 20% of Singapore’s emissions, BCA welcomes like-minded firms to partner us to reduce the carbon footprint of the Built Environment, working towards our collective goal of a more sustainable and liveable Singapore.” 8 The BCA Green Building Innovation Cluster aims to help push the boundaries of buildings’ energy efficiency standards under the Singapore Green Building Masterplan (SGBMP) and aid the transition to a low-carbon built environment. The SGBMP supports Singapore’s agenda on sustainable development as part of the Singapore Green Plan 2030, and the nation’s efforts to halve its 2030 peak greenhouse gas emissions by 2050. -End- About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market 3 support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast charging and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About Building and Construction Authority (BCA) The Building and Construction Authority (BCA) champions the development and transformation of the Built Environment sector, in order to improve Singapore’s living environment. BCA oversees areas such as safety, quality, inclusiveness, sustainability and productivity, all of which, together with our stakeholders and industry partners, help to achieve our mission to transform the Built Environment sector and shape a liveable and smart built environment for Singapore. For more information, visit www1.bca.gov.sg. 4

Second-Party Opinion Singapore Power Limited Green Financing Framework Evaluation Summary Sustainalytics is of the opinion that the Singapore Power Limited Green Financing Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2018, the Green Loan Principles 2020 and ASEAN Green Bond Standards. This assessment is based on the following: The eligible categories for the use of proceeds – Clean Transportation, Energy Efficiency, Green Buildings, Renewable Energy – are aligned with those recognized by the Green Bond Principles 2018, the Green Loan Principles 2020 and ASEAN Green Bond Standards. Sustainalytics considers that the eligible categories are expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations while advancing the UN Sustainable Development Goals (SDGs), specifically SDGs 7, 9 and 11. SP Group’s Treasury Team will be responsible for identifying, selecting and monitoring Eligible Projects. The team will be responsible for ensuring that selected projects are aligned with the Framework eligibility criteria. The final approval will be made by the Chief Financial Officer. Sustainalytics considers the project selection process in line with market practice. SP Group uses an internal register to track the net proceeds from green bonds and loans, managed by the Treasury Team. Pending full allocation, any unallocated proceeds will be invested in cash, cash equivalents or liquid marketable instruments at SP Group’s discretion, as per SP Group’s treasury policy. This is aligned with current market practices. The Company intends to report on the allocation and impact of proceeds on its website on an annual basis until full allocation. Allocation reporting will include (i) the amounts allocated in the respective Eligible Green Categories, (ii) description of key Eligible Projects funded by the Green Financing Instrument proceeds, (iii) the proportion of new financing versus refinancing, and (iv) the balance of unallocated proceeds. In addition, SP Group is committed to reporting on relevant impact metrics. Sustainalytics views Singapore Power Limited’s allocation and impact reporting as aligned with market practice. Evaluation date March 10, 2021 Issuer Location Report Sections Singapore, Singapore Introduction .................................................. 2 Sustainalytics’ Opinion ................................ 3 Appendices .................................................. 8 For inquiries, contact the Sustainable Finance Solutions project team: Begum Gursoy (Amsterdam) Project Manager begum.gursoy@morningstar.com (+31) 20 205 0082 Aoife McCarthy (Amsterdam) Project Support aoife.mccarthy@morningstar.com (+31) 20 299 4690 Marika Stocker (Singapore) Project Support marika.stocker@morningstar.com (+65) 31576881 Nicholas Gandolfo (Singapore) Client Relations susfinance.apac@morningstar.com (+852) 3008 2391 Alignment with ASEAN Green Bond Standards The ASEAN Green Bond Standards provide guidance to issuers and communicate more specifically what the issuer should do to issue a credible green bond within Southeast Asia. Sustainalytics is of the opinion that the green categories under the Singapore Power Limited Green Financing Framework align with the ASEAN Green Bond Standards. © Sustainalytics 2021 Second-Party Opinion Green Financing Framework Introduction Singapore Power Limited (“SP Group”, or the “Company”) owns and operates electricity and gas transmission and distribution businesses and a market support services business in Singapore. SP Group holds an interest in two Australian companies engaged in the transmission and distribution of electricity and gas in Australia. The Company also owns and operates district cooling networks in Singapore and China and has also established heating operations in China. SP Group has developed the Green Financing Framework (the “Framework”) under which it intends to issue green bonds, green loans, green letter of credit facilities, 1 private placements and other debt-like financing instruments and use the proceeds to finance and refinance, in whole or in part, existing and future projects that are expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations. The Framework defines eligibility criteria in four areas: 1. Clean Transportation 2. Energy Efficiency 3. Green Buildings 4. Renewable Energy SP Group engaged Sustainalytics to review the Green Financing Framework, dated March 2021, and provide a Second-Party Opinion on the Framework’s environmental credentials and its alignment with the Green Bond Principles 2018 (GBP) 2 , the Green Loan Principles 2020 (GLP) 3 and ASEAN Green Bond Standards (AGBS). 4 This Framework has been published in a separate document. 5 Scope of work and limitations of Sustainalytics’ Second-Party Opinion Sustainalytics’ Second-Party Opinion reflects Sustainalytics’ independent 6 opinion on the alignment of the reviewed Framework with the current market standards and the extent to which the eligible project categories are credible and impactful. As part of the Second-Party Opinion, Sustainalytics assessed the following: • The Framework’s alignment with the Green Bond Principles 2018, as administered by ICMA, the Green Loan Principles 2020, as administered by LMA, APLMA and LSTA 7 ,and ASEAN Green Bond Standards; • The credibility and anticipated positive impacts of the use of proceeds; and • The alignment of the issuer’s sustainability strategy and performance and sustainability risk management in relation to the use of proceeds. For the use of proceeds assessment, Sustainalytics relied on its internal taxonomy, version 1.7.1, which is informed by market practice and Sustainalytics’ expertise as an ESG research provider. As part of this engagement, Sustainalytics held conversations with various members of SP Group’s management team to understand the sustainability impact of their business processes and planned use of proceeds, as well as management of proceeds and reporting aspects of the Framework. SP Group representatives have confirmed (1) they understand it is the sole responsibility of SP Group to ensure that the information provided is complete, accurate or up to date; (2) that they have provided Sustainalytics with all 1 Sustainalytics has communicated to the Issuer that either the whole (or a specific tranche) of the RCF should be earmarked against green assets, and can then be drawn down as needed, or each drawdown should be allocated to a specific green expenditure, in order to be aligned with market standards. 2 The Green Bond Principles are administered by the International Capital Market Association and are available at https://www.icmagroup.org/greensocial-and-sustainability-bonds/green-bond-principles-gbp/. 3 The Green Loan Principles are administered by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications & Trading Association and are available at https://www.lsta.org/content/green-loan-principles/ 4 The ASEAN Green Bond Standards are administered by the ASEAN Capital Markets Forum, and are available at: http://www.theacmf.org/ACMF/upload/ASEAN_Green_Bond_Standards.pdf 5 The Green Financing Framework is available on Singapore Power Limited ’s website at: https://www.spgroup.com.sg/about-us/investor-relations 6 When operating multiple lines of business that serve a variety of client types, objective research is a cornerstone of Sustainalytics and ensuring analyst independence is paramount to producing objective, actionable research. Sustainalytics has therefore put in place a robust conflict management framework that specifically addresses the need for analyst independence, consistency of process, structural separation of commercial and research (and engagement) teams, data protection and systems separation. Last but not the least, analyst compensation is not directly tied to specific commercial outcomes. One of Sustainalytics’ hallmarks is integrity, another is transparency. 7 In addition to the Loan Markets Association, the GLP are also administered by the Asia Pacific Loan Market Association and the Loan Syndications & Trading Association 2 Second-Party Opinion Green Financing Framework relevant information and (3) that any provided material information has been duly disclosed in a timely manner. Sustainalytics also reviewed relevant public documents and non-public information. This document contains Sustainalytics’ opinion of the Framework and should be read in conjunction with that Framework. Any update of the present Second-Party Opinion will be conducted according to the agreed engagement conditions between Sustainalytics and SP Group. Sustainalytics’ Second-Party Opinion, while reflecting on the alignment of the Framework with market standards, is no guarantee of alignment nor warrants any alignment with future versions of relevant market standards. Furthermore, Sustainalytics’ Second-Party Opinion addresses the anticipated impacts of eligible projects expected to be financed with bond and loan proceeds but does not measure the actual impact. The measurement and reporting of the impact achieved through projects financed under the Framework is the responsibility of the Framework owner. In addition, the Second-Party Opinion opines on the potential allocation of proceeds but does not guarantee the realized allocation of the bond and loan proceeds towards eligible activities. No information provided by Sustainalytics under the present Second-Party Opinion shall be considered as being a statement, representation, warrant or argument, either in favour or against, the truthfulness, reliability or completeness of any facts or statements and related surrounding circumstances that SP Group has made available to Sustainalytics for the purpose of this Second-Party Opinion. Sustainalytics’ Opinion Section 1: Sustainalytics’ Opinion on the Green Financing Framework Sustainalytics is of the opinion that the Green Financing Framework is credible and impactful and aligns with the four core components of the GBP, GLP and AGBS. Sustainalytics highlights the following elements of SP Group’s Green Bond Framework: • Use of Proceeds: - The eligible categories – (i) Clean Transportation, (ii) Energy Efficiency, (iii) Green Buildings, (iv) Renewable Energy – are aligned with those recognized by the GBP, GLP, and the AGBS. Sustainalytics believes that the eligible categories can be expected to provide environmental benefits such as improved energy efficiency and reduced carbon footprint to the Company’s and its customers’ operations, which are primarily based in Asia currently. - SP Group has established a look-back period of 36 months from the initial date of the Green Financing Instrument transaction, which Sustainalytics considers to be in line with market practice. - SP Group has clarified that the Company intends to invest primarily in CAPEX activities of eligible categories under the Framework. - Under the “Renewable Energy” category, the Company may finance the generation, storage, transmission and distribution of renewable energy such as solar energy, including solar photovoltaics and concentrated solar power (“CSP”), onshore and offshore wind, small scale hydropower (below 25MW) and geothermal projects with direct emissions below 100g CO2/kWh. • SP Group has confirmed that all transmission and distribution projects will be dedicated to either connecting renewable energy to the power grid or reducing the curtailment of renewable energy into the grid. • Regarding CSP, SP Group has confirmed that these projects will be limited to those that obtain around 85% of electricity from solar energy sources. • With respect to hydropower projects, SP Group has confirmed to Sustainalytics that, when required by laws and regulations, a social and environmental impact assessment and controversy check will be carried out to ensure intended projects do not negatively impact their surroundings or communities. Sustainalytics encourages the Company to 3 Second-Party Opinion Green Financing Framework make every effort to ensure that social and environmental risks are assessed and considered for every project. - Under the “Energy Efficiency” category, SP Group intends to invest in district heating and cooling solutions, microgrids and energy storage systems. • For district heating and cooling systems, SP Group has clarified that intended projects include the installation of electric-powered centralized air conditioning systems that aim to provide energy efficiency through the centralized production of chilled water connected to commercial buildings. 8 While Sustainalytics notes that district heating and cooling distribution network systems primarily powered by renewables are preferred in the market, Sustainalytics recognizes the importance of improving energy efficiency of air conditioning systems, 9 and encourages SP Group to report on the impact achieved. • SP Group has confirmed with Sustainalytics that energy storage systems will include battery storage and power-to-hydrogen using electrolysis. • Regarding microgrids, the Company has confirmed that this category will include investments in production, storage, transmission and distribution of renewable energy sources described in the Framework. - Under the “Green Buildings” category, the Company may invest in residential and commercial buildings that have received the third-party certification, Singapore’s BCA Green Mark (Gold or above) or equivalent. See Appendix 1 for Sustainalytics analysis of this certification scheme. - SP Group follows the International Finance Corporation (“IFC”) Exclusion List (2007) in determining the excluded assets and projects under the Framework, such as the transmission of energy from fossil fuels. • Project Evaluation and Selection: - SP Group’s Treasury Team will be responsible for identifying, selecting, and monitoring Eligible Projects. The team will conduct an annual review of Green Financing Instruments (“GFI”) to monitor allocation of proceeds and assess eligibility of existing assets to ensure that they continue to align with use of proceeds criteria outlined within the Framework. Ultimately the Chief Financial Officer has the right of veto decisions made by the Treasury Team in this process. - Based on these elements, Sustainalytics considers this process to be in line with market practice. • Management of Proceeds: - SP Group will establish a green financing register to monitor and track the proceeds of the GFI and allocate proceeds under eligible green categories. SP Group intends to maintain a level of allocation which matches or exceeds the balance of net proceeds from its outstanding GFI. Pending full allocation, unallocated proceeds will be temporarily invested in cash, cash equivalents, or liquid marketable instruments as per the Company’s treasury policy and exclusion criteria. SP Group has confirmed with Sustainalytics that for any revolving credit facilities funded, SP Group will assess drawdowns according to the Eligible Projects criteria. - Based on these elements, Sustainalytics considers this process to be in line with market practice. • Reporting: - The Company is committed to reporting on the allocation and impact of its proceeds, through a green financing report, made available to investors and lenders within one year from the date of issuance of the GFI and until the proceeds are fully allocated. Reports will be made available on the Group’s website. Allocation reporting will include (i) the amounts allocated in the respective eligible green categories (ii) description of key Eligible Projects funded by the GFI proceeds, (iii) the proportion of new financing versus refinancing, and (iv) the balance of unallocated proceeds. - As part of its impact reporting, SP Group will draw on several indicators, including annual GHG emissions reduced or avoided (in CO 2 tons or equivalent), annual energy savings (in MWh/GWh/GJ/TJ), number of charging points installed, and number of buildings connected to district cooling network. 8 SP Group, District Cooling and Heating, at: Cooling & Heating (spgroup.com.sg). 9 Solving the Global Cooling Problem, Press Release, at: Solving the Global Cooling Problem (bloombergquint.com). 4 Second-Party Opinion Green Financing Framework Based on these elements, Sustainalytics considers this process to be in line with market practice. Alignment with Green Bond Principles 2018, Green Loan Principles 2020 and ASEAN Green Bond Standards Sustainalytics has determined that the Green Financing Framework aligns to the four core components of the GBP and GLP and with the AGBS. For detailed information please refer to Appendix 2: Green Bond/Green Bond Programme External Review Form. The ASEAN Green Bond Standards provide guidance to issuers and communicate more specifically what an issuer should do to issue a credible green bond within Asia. Sustainalytics is of the opinion that the Singapore Power Limited Green Bond Framework aligns with the ASEAN Green Bond Standards 2018. See Appendix 3: Alignment to the ASEAN Green Bond Standards. Section 2: Sustainability Strategy of SP Group Contribution of framework to Singapore Power Limited ’s sustainability strategy Sustainalytics is of the opinion that SP Group demonstrates commitment to sustainability with a focus on three key environmental areas: (i) Energy Efficiency, (ii) Renewable Energy, (iii) Energy Access. Coming from the energy utilities sector, SP Group’s sustainability strategy is anchored around SDG 7, affordable and clean energy. The Company has identified three strategic areas to achieve the targets of SDG 7: Network Reliability, Innovation and Customer Empowerment. 10 Part of the strategy is the “30-30-30” target which comprises a 30% carbon footprint reduction by 2030 (FY2018/2019 has been set as the baseline year) To achieve that goal, the Company identified industry collaboration in energy technology and investments in energy infrastructure as the key enablers. 11 As an example, SP Group is providing the Singapore Institute of Technology with a multi-energy urban microgrid at the university’s upcoming Punggol campus, enabling it to be the first microgrid in Southeast Asia. 12 In 2019, the company undertook a data collection exercise to calculate the greenhouse gas emissions following the principles in the Greenhouse Gas Protocol. 13 The Greenhouse Gas Protocol establishes global standardized frameworks to measure and manage GHG emissions from private and public sector operations, value chains and mitigation actions. 14 SP Group is measuring the absolute tons of CO 2 emissions for Scope 1 and Scope 2. In FY2019/2020 the company avoided CO 2 emissions of more than 29,000 tons of carbon dioxide equivalent. (tonnesCO 2e). The avoided emissions demonstrated a 19% increase compared to the baseline year of FY2018/2019. Sustainalytics is of the opinion that the Green Financing Framework is aligned with the company’s overall sustainability strategy and initiatives and will further the Company’s action on its key environmental priorities. Well-positioned to address common environmental and social risks associated with the projects While Sustainalytics recognizes that the net proceeds from the bonds and loans issued under the Framework will be directed towards eligible projects that are recognized by the GBP and GLP to have positive environmental impacts, Sustainalytics is aware that such eligible projects could also lead to negative environmental and social outcomes. Some key environmental and social risks associated with the eligible projects could include occupational health and safety, community relations/stakeholder participation, land use and biodiversity issues associated with large-scale infrastructure development, and waste generated in construction. SP Group has obtained Group-level certification on ISO 45001:2018 Occupational Health and Safety (“OHS”) Management Systems which aims to enable organizations to provide safe and healthy workplaces by preventing work-related injury and ill health, eliminate hazards and risks, as well as by proactively improving its OHS performance. Furthermore, in order to ensure adequate workplace safety and health for contractors’, the Company requires the implementation of the minimum bizSAFE Level 4 certification and safety requirements for its engineering, construction and building operations in Singapore. bizSAFE is a nationally recognized capability building program to help companies build workplace safety and health capabilities. 15 In 10 Singapore Power Limited, “Sustainability Report”, (FY2019/2020), at: SP Group Sustainability Review FY2019-2020 11 Ibid 12 Ibid 13 Ibid 14 Greenhouse Gas Protocol at: About Us | Greenhouse Gas Protocol (ghgprotocol.org) 15 SP Group at: Procurement (spgroup.com.sg) 5 Second-Party Opinion Green Financing Framework addition, the Company established a Contractor Performance Management System to work with contractors to raise safety and quality standards. This framework adopts a holistic approach in reviewing contractors’ overall performance and encourages contractors to improve their safety measures on a continuous basis. Sustainalytics recognizes the importance of the above-mentioned risk mitigation measures in addressing health and safety risks and encourages the Company, where feasible, to implement and report on further measures to strengthen its risk management practices, especially in the areas of waste management, community relations, land use and biodiversity. Section 3: Impact of Use of Proceeds All four use of proceeds categories are aligned with those recognized by the GBP, GLP and the AGBS. Sustainalytics has focused on three below where the impact is specifically relevant in the local context. Importance of renewable energy and energy efficiency in the APAC region and Singapore APAC countries account for about 53% of global GHG emissions with an increasing rate of 4% per year over the past two decades. 16 The surge in energy emissions stems from an increased energy demand in APAC due to the population growth and urbanization in the region. The International Renewable Energy Agency (IRENA) states that more than 50% of global energy consumption comes from APAC countries of which 85% is originated from fossil fuels. 17 The UN Economic and Social Council identified energy efficiency as vital to curbing the energy demand in APAC as it contributes largely to the potential for reducing GHG emissions. They suggest that policy frameworks would benefit from strengthening energy efficiency and encouraging the uptake of renewable energy. 18 To allow for a successful energy transition in APAC, it is crucial to replace coal as the leading source of meeting the growing energy demand. From 2006 to 2016 the annual coal consumption in APAC increased by 3.1% 19 , indicating the importance of increasing the energy mix towards renewable energy projects to support the decarbonization of economies. Singapore accounts for about 0.11% of global emissions and is ranked 14 th out of 180 countries in the 2016 Environmental Performance Index (EPI), making it the top-ranked country in Asia. 20 The EPI ranks 180 countries on environmental health and ecosystem vitality. 21 In 2015, Singapore pledged to reduce emissions intensity by 36% from 2005 levels by 2030 and stabilize emissions with the aim of peaking around 2030. 22 Nevertheless, the country is a low-lying island state, which is vulnerable to several climate change consequences like flash floods, dry-spells and rising sea levels. Therefore, in 2016, Singapore announced the Climate Action Plan: Take Action Today, for a Carbon-Efficient Singapore outlaying four strategies: 1) improving energy efficiency, 2) reduce carbon emissions from power generation, 3) develop and demonstrate cuttingedge low-carbon technologies and 4) collective action of government agencies, individuals, business and the community. The country’s GHG emissions in 2012 were 49 million tons CO 2-equivalent. The largest shares of primary emissions come from power (43%), industry (41%) and transport (15%). 23 For the emissions coming from power, over 95% of Singapore’s electricity is generated through natural gas and it will continue to be a dominant fuel for the country in the near future (status 2020). In addition, Singapore is switching to renewable energy such as solar and is exploring ways to tap on regional power grids. Moreover, the country is looking into emerging renewable energy solutions such carbon capture, hydrogen and utilization and storage. 24 Sustainalytics considers that SP Group’s investments in energy efficiency and renewable energy will contribute to enhancing Asia’s and Singapore’s position as a low-carbon economy. 16 UN ESCAP, “The Economics of Climate Change in the Asia-Pacific Region”, (2016), at: https://www.unescap.org/sites/default/files/The%20Economics%20of%20Climate%20Change%20%20in%20the%20Asia-Pacific%20region.pdf 17 IRENA, “Asia and Pacific”, at: https://www.irena.org/asiapacific 18 UN Economic and Social Council, “Energy transition in Asia and the Pacific”, (2018), at: Energy transition in Asia and the Pacific: pathways to ensure access to affordable, reliable, sustainable and modern energy for all (unescap.org) 19 UN ESCAP, “Economic and Social Survey of Asia and the Pacific 2020”, (2020), at: https://www.unescap.org/sites/default/files/publications/Economic%20and%20Social%20Survey%20of%20Asia%20and%20the%20Pacific%202020%2 0Towards%20sustainable%20economies.pdf#page=27 20 National Climate Change Secretariat, “Singapore’s Climate Action Plan”, (2016), at: 1545Climate_Action_Plan_Publication_Part_1.pdf (un.org) 21 Environmental Performance Index at: Welcome | Environmental Performance Index (yale.edu) 22 National Climate Change Secretariat, “Singapore’s Climate Action Plan”, (2016), at: 1545Climate_Action_Plan_Publication_Part_1.pdf (un.org) 23 Ibid 24 Energy Market Authority at: The Future of Singapore's Energy Story | EMA Singapore 6 Second-Party Opinion Green Financing Framework Contribution to SDGs The Sustainable Development Goals (SDGs) were set in September 2015 by the United Nations General Assembly and form an agenda for achieving sustainable development by the year 2030. Sustainalytics is of the opinion that the bonds and loans issued under the Green Financing Framework advances the following SDG and targets: Use of Proceeds Category Clean Transportation Energy Efficiency SDG 11. Sustainable Cities and Communities 7. Affordable and Clean Energy SDG target 11.2 By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women children, persons with disabilities and older persons. 7.3. By 2030, double the global rate of improvement in energy efficiency. Green Buildings Renewable Energy 9. Industry, Innovation and Infrastructure 11. Sustainable Cities and Communities 7. Affordable and Clean Energy 9.4 By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities 11.3 By 2030, enhance inclusive and sustainable urbanization and capacity for participatory, integrated and sustainable human settlement planning and management in all countries. 7.1. By 2030, ensure universal access to affordable, reliable and modern energy services. 9. Industry, Innovation and Infrastructure 9.4 By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities Conclusion Singapore Power Limited has developed the Green Financing Framework under which it will issue green financing instruments and the use of proceeds to finance or refinance Clean Transportation, Energy Efficiency, Green Buildings, Renewable Energy projects. Sustainalytics considers that the projects funded by the proceeds can be expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations. The Green Financing Framework outlines a process by which proceeds will be tracked, allocated, and managed, and commitments have been made for reporting on the allocation and impact of the use of proceeds. Furthermore, Sustainalytics believes that the Green Financing Framework is aligned with the overall sustainability strategy of the company and that the green use of proceeds categories will contribute to the advancement of the UN Sustainable Development Goals 7, 9 and 11. Additionally, Sustainalytics is of the opinion that SP Group has adequate measures to identify, manage and mitigate environmental and social risks commonly associated with the eligible projects funded by the use of proceeds. 7 Second-Party Opinion Green Financing Framework Based on the above, Sustainalytics is confident that Singapore Power Limited is well-positioned to issue green financing instruments and that the Green Financing Framework is robust, transparent, and in alignment with the four core components of the Green Bond Principles 2018, Green Loan Principles 2020 and ASEAN Green Bond Standards. Appendices Appendix 1: Singapore BCA Green Mark Certification Scheme Singapore BCA Green Mark 28 Background Certification levels Areas of Assessment Requirements The BCA Green Mark Scheme provides real estate certifications in Singapore to promote sustainability in the built environment during project conceptualisation and design, as well as during construction. Certified Gold Gold Plus Platinum • Climate Responsive Design • Building Energy Performance • Resource Stewardship • Smart and Healthy Buildings • Advanced Green Efforts Prerequisites (independent of level of certification) and point score. Prerequisites for each performance area to demonstrate minimum criteria met. Numerical scores achieved in accordance with the criteria in each performance area. Performance Areas have different weights. Depending on the level of building performance and numerical score achieved in performance area, building’s level of certification is determined. Assessment of compliance with Green Mark criteria is done by the Singapore Building and Construction Authority (BCA). Performance display Appendix 2: Alignment to the ASEAN Green Bond Standards ASEAN Green Bond Standards’ Criteria Alignment with ASEAN GBS Sustainalytics’ comments on alignment with the ASEAN Green Bond Standards. Eligibility Yes The AGBS requires that issuers must be located in or that the proceeds be directed to assets in an ASEAN country. As a Singapore -based institution, Singapore Power Group qualifies. Use of Proceeds Yes The AGBS offers specific clarification that fossil fuel power generation projects are excluded; Singapore Power Limited has confirmed that net proceeds are excluded from the Framework and should not be used towards financing or refinancing of fossil fuel related assets and activities. 8 Second-Party Opinion Green Financing Framework Process for Project Evaluation and Selection Management of Proceeds Yes The AGBS specifies information that must be clearly communicated to investors before issuance regarding project selection. Within its framework, Singapore Power has described that the company’s Treasury team will select projects, and that its Chief Financial Officer will make the final approval. Yes The AGBS mandates that proceeds must be appropriately tracked and that temporary investments be disclosed. Within its framework, Singapore Power disclosed that the green finance instruments will be managed and tracked by an internal system, where Eligible Projects will be added to the extent required to ensure that an amount equal to the net proceeds from outstanding Green Financing Instruments will be allocated to projects until maturity of the instruments. Pending full allocation, the unallocated green bond proceeds will be held in cash or cash equivalents. Reporting Yes The AGBS requires annual reporting on the allocation of funds and the expected impacts. Singapore Power states that it will provide an annual allocation report until full allocation and commits to report on the impact of the use of proceeds, where feasible, on an annual basis. Annual Review Yes The AGBS encourages, but does not require, annual reviews. The Company intends to report on the allocation and impact of proceeds on its website on an annual basis, while noting that there is no primary intention to engage an external auditor to provide independent verification on reporting. Appendix 3: Green Bond / Green Bond Programme - External Review Form Section 1. Basic Information Issuer name: Singapore Power Limited Green Bond ISIN or Issuer Green Bond Framework Name, if applicable: Green Financing Framework Review provider’s name: Sustainalytics Completion date of this form: February 24, 2021 Publication date of review publication: Section 2. Review overview SCOPE OF REVIEW The following may be used or adapted, where appropriate, to summarise the scope of the review. The review assessed the following elements and confirmed their alignment with the GBP: ☒ Use of Proceeds ☒ Process for Project Evaluation and Selection ☒ Management of Proceeds ☒ Reporting 9 Second-Party Opinion Green Financing Framework ROLE(S) OF REVIEW PROVIDER ☒ Consultancy (incl. 2 nd opinion) ☐ Certification ☐ Verification ☐ Rating ☐ Other (please specify): Note: In case of multiple reviews / different providers, please provide separate forms for each review. EXECUTIVE SUMMARY OF REVIEW and/or LINK TO FULL REVIEW (if applicable) Please refer to Evaluation Summary above. Section 3. Detailed review Reviewers are encouraged to provide the information below to the extent possible and use the comment section to explain the scope of their review. 1. USE OF PROCEEDS Overall comment on section (if applicable): The eligible categories for the use of proceeds - Clean Transportation, Energy Efficiency, Green Buildings, Renewable Energy – are aligned with those recognized by the Green Bond Principles 2018,the Green Loan Principles 2020 and ASEAN Green Bond Standards. Sustainalytics considers that the eligible categories are expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations which are primarily based in Asia currently and advance the UN Sustainable Development Goals (SDGs), specifically SDGs 7, 9 and 11. Use of proceeds categories as per GBP: ☒ Renewable energy ☒ Energy efficiency ☐ Pollution prevention and control ☐ Environmentally sustainable management of living natural resources and land use ☐ Terrestrial and aquatic biodiversity conservation ☒ Clean transportation ☐ Sustainable water and wastewater management ☐ Climate change adaptation ☐ Eco-efficient and/or circular economy adapted products, production technologies and processes ☒ Green buildings ☐ Unknown at issuance but currently expected to conform with GBP categories, or other eligible areas not yet stated in GBP ☐ Other (please specify): 10 Second-Party Opinion Green Financing Framework If applicable please specify the environmental taxonomy, if other than GBP: 2. PROCESS FOR PROJECT EVALUATION AND SELECTION Overall comment on section (if applicable): SP Group’s Treasury Team will be responsible for identifying, selecting and monitoring Eligible Projects. The team will be responsible for ensuring that selected projects are aligned with the Framework eligibility criteria. The final approval will be made by the Chief Financial Officer. Sustainalytics considers the project selection process in line with market practice. Evaluation and selection ☒ Credentials on the issuer’s environmental sustainability objectives ☒ Documented process to determine that projects fit within defined categories ☒ Defined and transparent criteria for projects eligible for Green Bond proceeds ☐ Documented process to identify and manage potential ESG risks associated with the project ☐ Summary criteria for project evaluation and selection publicly available ☐ Other (please specify): Information on Responsibilities and Accountability ☐ Evaluation / Selection criteria subject to external advice or verification ☒ In-house assessment ☐ Other (please specify): 3. MANAGEMENT OF PROCEEDS Overall comment on section (if applicable): SP Group uses an internal register to track the net proceeds from green bonds and loans, managed by the Treasury Team. Pending full allocation, any unallocated proceeds will be invested in cash, cash equivalents or liquid marketable instruments at SP Group’s discretion, as per SP Group’s treasury policy. This is aligned with current market practices. Tracking of proceeds: ☒ Green Bond proceeds segregated or tracked by the issuer in an appropriate manner ☒ Disclosure of intended types of temporary investment instruments for unallocated proceeds ☐ Other (please specify): 11 Second-Party Opinion Green Financing Framework Additional disclosure: ☐ Allocations to future investments only ☒ Allocations to both existing and future investments ☐ Allocation to individual disbursements ☐ Allocation to a portfolio of disbursements ☒ Disclosure of portfolio balance of unallocated proceeds ☐ Other (please specify): 4. REPORTING Overall comment on section (if applicable): The Company intends to report on the allocation and impact of proceeds on its website on an annual basis until full allocation. Allocation reporting will include (i) the amounts allocated in the respective Eligible Green Categories, (ii) description of key Eligible Projects funded by the Green Financing Instrument proceeds, (iii) the proportion of new financing versus refinancing, and (iv) the balance of unallocated proceeds. In addition, SP Group is committed to reporting on relevant impact metrics. Sustainalytics views Singapore Power Limited ’s allocation and impact reporting as aligned with market practice. Use of proceeds reporting: ☐ Project-by-project ☒ On a project portfolio basis ☐ Linkage to individual bond(s) ☒ Other (please specify): Information reported: ☒ Allocated amounts ☐ Green Bond financed share of total investment ☒ Other (please specify): description of key Eligible Projects funded by the Green Financing Instrument proceeds, the proportion of new financing versus refinancing and the balance of unallocated proceeds Frequency: ☒ Annual ☐ Semi-annual ☐ Other (please specify): Impact reporting: ☐ Project-by-project ☒ On a project portfolio basis ☐ Linkage to individual bond(s) ☒ Other (please specify): 12 Second-Party Opinion Green Financing Framework Information reported (expected or ex-post): ☒ GHG Emissions / Savings ☒ Energy Savings ☐ Decrease in water use ☒ Other ESG indicators (please specify): Where feasible, number of charging points installed, number of clean vehicles in fleet, number of buildings connected to district cooling network, energy efficiency factor, installed capacity (RT), number of green buildings certified, energy performance and renewable energy generation. Frequency ☒ Annual ☐ Semi-annual ☐ Other (please specify): Means of Disclosure ☐ Information published in financial report ☐ Information published in sustainability report ☐ ☐ Information published in ad hoc documents ☒ Other (please specify): Company’s website Reporting reviewed (if yes, please specify which parts of the reporting are subject to external review): Where appropriate, please specify name and date of publication in the useful links section. USEFUL LINKS (e.g. to review provider methodology or credentials, to issuer’s documentation, etc.) SPECIFY OTHER EXTERNAL REVIEWS AVAILABLE, IF APPROPRIATE Type(s) of Review provided: ☐ Consultancy (incl. 2 nd opinion) ☐ Certification ☐ Verification / Audit ☐ Rating ☐ Other (please specify): Review provider(s): Date of publication: ABOUT ROLE(S) OF INDEPENDENT REVIEW PROVIDERS AS DEFINED BY THE GBP i. Second-Party Opinion: An institution with environmental expertise, that is independent from the issuer may issue a Second-Party Opinion. The institution should be independent from the issuer’s adviser for its Green Bond framework, or appropriate procedures, such as information barriers, will have been implemented within 13 Second-Party Opinion Green Financing Framework the institution to ensure the independence of the Second-Party Opinion. It normally entails an assessment of the alignment with the Green Bond Principles. In particular, it can include an assessment of the issuer’s overarching objectives, strategy, policy and/or processes relating to environmental sustainability, and an evaluation of the environmental features of the type of projects intended for the Use of Proceeds. ii. iii. iv. Verification: An issuer can obtain independent verification against a designated set of criteria, typically pertaining to business processes and/or environmental criteria. Verification may focus on alignment with internal or external standards or claims made by the issuer. Also, evaluation of the environmentally sustainable features of underlying assets may be termed verification and may reference external criteria. Assurance or attestation regarding an issuer’s internal tracking method for use of proceeds, allocation of funds from Green Bond proceeds, statement of environmental impact or alignment of reporting with the GBP, may also be termed verification. Certification: An issuer can have its Green Bond or associated Green Bond framework or Use of Proceeds certified against a recognised external green standard or label. A standard or label defines specific criteria, and alignment with such criteria is normally tested by qualified, accredited third parties, which may verify consistency with the certification criteria. Green Bond Scoring/Rating: An issuer can have its Green Bond, associated Green Bond framework or a key feature such as Use of Proceeds evaluated or assessed by qualified third parties, such as specialised research providers or rating agencies, according to an established scoring/rating methodology. The output may include a focus on environmental performance data, the process relative to the GBP, or another benchmark, such as a 2-degree climate change scenario. Such scoring/rating is distinct from credit ratings, which may nonetheless reflect material environmental risks. 14 Second-Party Opinion Green Financing Framework Disclaimer Copyright ©2021 Sustainalytics. All rights reserved. The information, methodologies and opinions contained or reflected herein are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data), and may be made available to third parties only in the form and format disclosed by Sustainalytics, or provided that appropriate citation and acknowledgement is ensured. They are provided for informational purposes only and (1) do not constitute an endorsement of any product or project; (2) do not constitute investment advice, financial advice or a prospectus; (3) cannot be interpreted as an offer or indication to buy or sell securities, to select a project or make any kind of business transactions; (4) do not represent an assessment of the issuer’s economic performance, financial obligations nor of its creditworthiness; and/or (5) have not and cannot be incorporated into any offering disclosure. 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The issuer is fully responsible for certifying and ensuring the compliance with its commitments, for their implementation and monitoring. In case of discrepancies between the English language and translated versions, the English language version shall prevail. 15 Second-Party Opinion Green Financing Framework About Sustainalytics, a Morningstar Company Sustainalytics, a Morningstar Company, is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. The firm works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The world’s foremost issuers, from multinational corporations to financial institutions to governments, also rely on Sustainalytics for credible second-party opinions on green, social and sustainable bond frameworks. 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Second-Party Opinion Singapore Power Limited Green Financing Framework Evaluation Summary Sustainalytics is of the opinion that the Singapore Power Limited Green Financing Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2018, the Green Loan Principles 2020 and ASEAN Green Bond Standards. This assessment is based on the following: The eligible categories for the use of proceeds – Clean Transportation, Energy Efficiency, Green Buildings, Renewable Energy – are aligned with those recognized by the Green Bond Principles 2018, the Green Loan Principles 2020 and ASEAN Green Bond Standards. Sustainalytics considers that the eligible categories are expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations while advancing the UN Sustainable Development Goals (SDGs), specifically SDGs 7, 9 and 11. SP Group’s Treasury Team will be responsible for identifying, selecting and monitoring Eligible Projects. The team will be responsible for ensuring that selected projects are aligned with the Framework eligibility criteria. The final approval will be made by the Chief Financial Officer. Sustainalytics considers the project selection process in line with market practice. SP Group uses an internal register to track the net proceeds from green bonds and loans, managed by the Treasury Team. Pending full allocation, any unallocated proceeds will be invested in cash, cash equivalents or liquid marketable instruments at SP Group’s discretion, as per SP Group’s treasury policy. This is aligned with current market practices. The Company intends to report on the allocation and impact of proceeds on its website on an annual basis until full allocation. Allocation reporting will include (i) the amounts allocated in the respective Eligible Green Categories, (ii) description of key Eligible Projects funded by the Green Financing Instrument proceeds, (iii) the proportion of new financing versus refinancing, and (iv) the balance of unallocated proceeds. In addition, SP Group is committed to reporting on relevant impact metrics. Sustainalytics views Singapore Power Limited’s allocation and impact reporting as aligned with market practice. Evaluation date March 10, 2021 Issuer Location Report Sections Singapore, Singapore Introduction .................................................. 2 Sustainalytics’ Opinion ................................ 3 Appendices .................................................. 8 For inquiries, contact the Sustainable Finance Solutions project team: Begum Gursoy (Amsterdam) Project Manager begum.gursoy@morningstar.com (+31) 20 205 0082 Aoife McCarthy (Amsterdam) Project Support aoife.mccarthy@morningstar.com (+31) 20 299 4690 Marika Stocker (Singapore) Project Support marika.stocker@morningstar.com (+65) 31576881 Nicholas Gandolfo (Singapore) Client Relations susfinance.apac@morningstar.com (+852) 3008 2391 Alignment with ASEAN Green Bond Standards The ASEAN Green Bond Standards provide guidance to issuers and communicate more specifically what the issuer should do to issue a credible green bond within Southeast Asia. Sustainalytics is of the opinion that the green categories under the Singapore Power Limited Green Financing Framework align with the ASEAN Green Bond Standards. © Sustainalytics 2021 Second-Party Opinion Green Financing Framework Introduction Singapore Power Limited (“SP Group”, or the “Company”) owns and operates electricity and gas transmission and distribution businesses and a market support services business in Singapore. SP Group holds an interest in two Australian companies engaged in the transmission and distribution of electricity and gas in Australia. The Company also owns and operates district cooling networks in Singapore and China and has also established heating operations in China. SP Group has developed the Green Financing Framework (the “Framework”) under which it intends to issue green bonds, green loans, green letter of credit facilities, 1 private placements and other debt-like financing instruments and use the proceeds to finance and refinance, in whole or in part, existing and future projects that are expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations. The Framework defines eligibility criteria in four areas: 1. Clean Transportation 2. Energy Efficiency 3. Green Buildings 4. Renewable Energy SP Group engaged Sustainalytics to review the Green Financing Framework, dated March 2021, and provide a Second-Party Opinion on the Framework’s environmental credentials and its alignment with the Green Bond Principles 2018 (GBP) 2 , the Green Loan Principles 2020 (GLP) 3 and ASEAN Green Bond Standards (AGBS). 4 This Framework has been published in a separate document. 5 Scope of work and limitations of Sustainalytics’ Second-Party Opinion Sustainalytics’ Second-Party Opinion reflects Sustainalytics’ independent 6 opinion on the alignment of the reviewed Framework with the current market standards and the extent to which the eligible project categories are credible and impactful. As part of the Second-Party Opinion, Sustainalytics assessed the following: • The Framework’s alignment with the Green Bond Principles 2018, as administered by ICMA, the Green Loan Principles 2020, as administered by LMA, APLMA and LSTA 7 ,and ASEAN Green Bond Standards; • The credibility and anticipated positive impacts of the use of proceeds; and • The alignment of the issuer’s sustainability strategy and performance and sustainability risk management in relation to the use of proceeds. For the use of proceeds assessment, Sustainalytics relied on its internal taxonomy, version 1.7.1, which is informed by market practice and Sustainalytics’ expertise as an ESG research provider. As part of this engagement, Sustainalytics held conversations with various members of SP Group’s management team to understand the sustainability impact of their business processes and planned use of proceeds, as well as management of proceeds and reporting aspects of the Framework. SP Group representatives have confirmed (1) they understand it is the sole responsibility of SP Group to ensure that the information provided is complete, accurate or up to date; (2) that they have provided Sustainalytics with all 1 Sustainalytics has communicated to the Issuer that either the whole (or a specific tranche) of the RCF should be earmarked against green assets, and can then be drawn down as needed, or each drawdown should be allocated to a specific green expenditure, in order to be aligned with market standards. 2 The Green Bond Principles are administered by the International Capital Market Association and are available at https://www.icmagroup.org/greensocial-and-sustainability-bonds/green-bond-principles-gbp/. 3 The Green Loan Principles are administered by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications & Trading Association and are available at https://www.lsta.org/content/green-loan-principles/ 4 The ASEAN Green Bond Standards are administered by the ASEAN Capital Markets Forum, and are available at: http://www.theacmf.org/ACMF/upload/ASEAN_Green_Bond_Standards.pdf 5 The Green Financing Framework is available on Singapore Power Limited ’s website at: https://www.spgroup.com.sg/about-us/investor-relations 6 When operating multiple lines of business that serve a variety of client types, objective research is a cornerstone of Sustainalytics and ensuring analyst independence is paramount to producing objective, actionable research. Sustainalytics has therefore put in place a robust conflict management framework that specifically addresses the need for analyst independence, consistency of process, structural separation of commercial and research (and engagement) teams, data protection and systems separation. Last but not the least, analyst compensation is not directly tied to specific commercial outcomes. One of Sustainalytics’ hallmarks is integrity, another is transparency. 7 In addition to the Loan Markets Association, the GLP are also administered by the Asia Pacific Loan Market Association and the Loan Syndications & Trading Association 2 Second-Party Opinion Green Financing Framework relevant information and (3) that any provided material information has been duly disclosed in a timely manner. Sustainalytics also reviewed relevant public documents and non-public information. This document contains Sustainalytics’ opinion of the Framework and should be read in conjunction with that Framework. Any update of the present Second-Party Opinion will be conducted according to the agreed engagement conditions between Sustainalytics and SP Group. Sustainalytics’ Second-Party Opinion, while reflecting on the alignment of the Framework with market standards, is no guarantee of alignment nor warrants any alignment with future versions of relevant market standards. Furthermore, Sustainalytics’ Second-Party Opinion addresses the anticipated impacts of eligible projects expected to be financed with bond and loan proceeds but does not measure the actual impact. The measurement and reporting of the impact achieved through projects financed under the Framework is the responsibility of the Framework owner. In addition, the Second-Party Opinion opines on the potential allocation of proceeds but does not guarantee the realized allocation of the bond and loan proceeds towards eligible activities. No information provided by Sustainalytics under the present Second-Party Opinion shall be considered as being a statement, representation, warrant or argument, either in favour or against, the truthfulness, reliability or completeness of any facts or statements and related surrounding circumstances that SP Group has made available to Sustainalytics for the purpose of this Second-Party Opinion. Sustainalytics’ Opinion Section 1: Sustainalytics’ Opinion on the Green Financing Framework Sustainalytics is of the opinion that the Green Financing Framework is credible and impactful and aligns with the four core components of the GBP, GLP and AGBS. Sustainalytics highlights the following elements of SP Group’s Green Bond Framework: • Use of Proceeds: - The eligible categories – (i) Clean Transportation, (ii) Energy Efficiency, (iii) Green Buildings, (iv) Renewable Energy – are aligned with those recognized by the GBP, GLP, and the AGBS. Sustainalytics believes that the eligible categories can be expected to provide environmental benefits such as improved energy efficiency and reduced carbon footprint to the Company’s and its customers’ operations, which are primarily based in Asia currently. - SP Group has established a look-back period of 36 months from the initial date of the Green Financing Instrument transaction, which Sustainalytics considers to be in line with market practice. - SP Group has clarified that the Company intends to invest primarily in CAPEX activities of eligible categories under the Framework. - Under the “Renewable Energy” category, the Company may finance the generation, storage, transmission and distribution of renewable energy such as solar energy, including solar photovoltaics and concentrated solar power (“CSP”), onshore and offshore wind, small scale hydropower (below 25MW) and geothermal projects with direct emissions below 100g CO2/kWh. • SP Group has confirmed that all transmission and distribution projects will be dedicated to either connecting renewable energy to the power grid or reducing the curtailment of renewable energy into the grid. • Regarding CSP, SP Group has confirmed that these projects will be limited to those that obtain around 85% of electricity from solar energy sources. • With respect to hydropower projects, SP Group has confirmed to Sustainalytics that, when required by laws and regulations, a social and environmental impact assessment and controversy check will be carried out to ensure intended projects do not negatively impact their surroundings or communities. Sustainalytics encourages the Company to 3 Second-Party Opinion Green Financing Framework make every effort to ensure that social and environmental risks are assessed and considered for every project. - Under the “Energy Efficiency” category, SP Group intends to invest in district heating and cooling solutions, microgrids and energy storage systems. • For district heating and cooling systems, SP Group has clarified that intended projects include the installation of electric-powered centralized air conditioning systems that aim to provide energy efficiency through the centralized production of chilled water connected to commercial buildings. 8 While Sustainalytics notes that district heating and cooling distribution network systems primarily powered by renewables are preferred in the market, Sustainalytics recognizes the importance of improving energy efficiency of air conditioning systems, 9 and encourages SP Group to report on the impact achieved. • SP Group has confirmed with Sustainalytics that energy storage systems will include battery storage and power-to-hydrogen using electrolysis. • Regarding microgrids, the Company has confirmed that this category will include investments in production, storage, transmission and distribution of renewable energy sources described in the Framework. - Under the “Green Buildings” category, the Company may invest in residential and commercial buildings that have received the third-party certification, Singapore’s BCA Green Mark (Gold or above) or equivalent. See Appendix 1 for Sustainalytics analysis of this certification scheme. - SP Group follows the International Finance Corporation (“IFC”) Exclusion List (2007) in determining the excluded assets and projects under the Framework, such as the transmission of energy from fossil fuels. • Project Evaluation and Selection: - SP Group’s Treasury Team will be responsible for identifying, selecting, and monitoring Eligible Projects. The team will conduct an annual review of Green Financing Instruments (“GFI”) to monitor allocation of proceeds and assess eligibility of existing assets to ensure that they continue to align with use of proceeds criteria outlined within the Framework. Ultimately the Chief Financial Officer has the right of veto decisions made by the Treasury Team in this process. - Based on these elements, Sustainalytics considers this process to be in line with market practice. • Management of Proceeds: - SP Group will establish a green financing register to monitor and track the proceeds of the GFI and allocate proceeds under eligible green categories. SP Group intends to maintain a level of allocation which matches or exceeds the balance of net proceeds from its outstanding GFI. Pending full allocation, unallocated proceeds will be temporarily invested in cash, cash equivalents, or liquid marketable instruments as per the Company’s treasury policy and exclusion criteria. SP Group has confirmed with Sustainalytics that for any revolving credit facilities funded, SP Group will assess drawdowns according to the Eligible Projects criteria. - Based on these elements, Sustainalytics considers this process to be in line with market practice. • Reporting: - The Company is committed to reporting on the allocation and impact of its proceeds, through a green financing report, made available to investors and lenders within one year from the date of issuance of the GFI and until the proceeds are fully allocated. Reports will be made available on the Group’s website. Allocation reporting will include (i) the amounts allocated in the respective eligible green categories (ii) description of key Eligible Projects funded by the GFI proceeds, (iii) the proportion of new financing versus refinancing, and (iv) the balance of unallocated proceeds. - As part of its impact reporting, SP Group will draw on several indicators, including annual GHG emissions reduced or avoided (in CO 2 tons or equivalent), annual energy savings (in MWh/GWh/GJ/TJ), number of charging points installed, and number of buildings connected to district cooling network. 8 SP Group, District Cooling and Heating, at: Cooling & Heating (spgroup.com.sg). 9 Solving the Global Cooling Problem, Press Release, at: Solving the Global Cooling Problem (bloombergquint.com). 4 Second-Party Opinion Green Financing Framework Based on these elements, Sustainalytics considers this process to be in line with market practice. Alignment with Green Bond Principles 2018, Green Loan Principles 2020 and ASEAN Green Bond Standards Sustainalytics has determined that the Green Financing Framework aligns to the four core components of the GBP and GLP and with the AGBS. For detailed information please refer to Appendix 2: Green Bond/Green Bond Programme External Review Form. The ASEAN Green Bond Standards provide guidance to issuers and communicate more specifically what an issuer should do to issue a credible green bond within Asia. Sustainalytics is of the opinion that the Singapore Power Limited Green Bond Framework aligns with the ASEAN Green Bond Standards 2018. See Appendix 3: Alignment to the ASEAN Green Bond Standards. Section 2: Sustainability Strategy of SP Group Contribution of framework to Singapore Power Limited ’s sustainability strategy Sustainalytics is of the opinion that SP Group demonstrates commitment to sustainability with a focus on three key environmental areas: (i) Energy Efficiency, (ii) Renewable Energy, (iii) Energy Access. Coming from the energy utilities sector, SP Group’s sustainability strategy is anchored around SDG 7, affordable and clean energy. The Company has identified three strategic areas to achieve the targets of SDG 7: Network Reliability, Innovation and Customer Empowerment. 10 Part of the strategy is the “30-30-30” target which comprises a 30% carbon footprint reduction by 2030 (FY2018/2019 has been set as the baseline year) To achieve that goal, the Company identified industry collaboration in energy technology and investments in energy infrastructure as the key enablers. 11 As an example, SP Group is providing the Singapore Institute of Technology with a multi-energy urban microgrid at the university’s upcoming Punggol campus, enabling it to be the first microgrid in Southeast Asia. 12 In 2019, the company undertook a data collection exercise to calculate the greenhouse gas emissions following the principles in the Greenhouse Gas Protocol. 13 The Greenhouse Gas Protocol establishes global standardized frameworks to measure and manage GHG emissions from private and public sector operations, value chains and mitigation actions. 14 SP Group is measuring the absolute tons of CO 2 emissions for Scope 1 and Scope 2. In FY2019/2020 the company avoided CO 2 emissions of more than 29,000 tons of carbon dioxide equivalent. (tonnesCO 2e). The avoided emissions demonstrated a 19% increase compared to the baseline year of FY2018/2019. Sustainalytics is of the opinion that the Green Financing Framework is aligned with the company’s overall sustainability strategy and initiatives and will further the Company’s action on its key environmental priorities. Well-positioned to address common environmental and social risks associated with the projects While Sustainalytics recognizes that the net proceeds from the bonds and loans issued under the Framework will be directed towards eligible projects that are recognized by the GBP and GLP to have positive environmental impacts, Sustainalytics is aware that such eligible projects could also lead to negative environmental and social outcomes. Some key environmental and social risks associated with the eligible projects could include occupational health and safety, community relations/stakeholder participation, land use and biodiversity issues associated with large-scale infrastructure development, and waste generated in construction. SP Group has obtained Group-level certification on ISO 45001:2018 Occupational Health and Safety (“OHS”) Management Systems which aims to enable organizations to provide safe and healthy workplaces by preventing work-related injury and ill health, eliminate hazards and risks, as well as by proactively improving its OHS performance. Furthermore, in order to ensure adequate workplace safety and health for contractors’, the Company requires the implementation of the minimum bizSAFE Level 4 certification and safety requirements for its engineering, construction and building operations in Singapore. bizSAFE is a nationally recognized capability building program to help companies build workplace safety and health capabilities. 15 In 10 Singapore Power Limited, “Sustainability Report”, (FY2019/2020), at: SP Group Sustainability Review FY2019-2020 11 Ibid 12 Ibid 13 Ibid 14 Greenhouse Gas Protocol at: About Us | Greenhouse Gas Protocol (ghgprotocol.org) 15 SP Group at: Procurement (spgroup.com.sg) 5 Second-Party Opinion Green Financing Framework addition, the Company established a Contractor Performance Management System to work with contractors to raise safety and quality standards. This framework adopts a holistic approach in reviewing contractors’ overall performance and encourages contractors to improve their safety measures on a continuous basis. Sustainalytics recognizes the importance of the above-mentioned risk mitigation measures in addressing health and safety risks and encourages the Company, where feasible, to implement and report on further measures to strengthen its risk management practices, especially in the areas of waste management, community relations, land use and biodiversity. Section 3: Impact of Use of Proceeds All four use of proceeds categories are aligned with those recognized by the GBP, GLP and the AGBS. Sustainalytics has focused on three below where the impact is specifically relevant in the local context. Importance of renewable energy and energy efficiency in the APAC region and Singapore APAC countries account for about 53% of global GHG emissions with an increasing rate of 4% per year over the past two decades. 16 The surge in energy emissions stems from an increased energy demand in APAC due to the population growth and urbanization in the region. The International Renewable Energy Agency (IRENA) states that more than 50% of global energy consumption comes from APAC countries of which 85% is originated from fossil fuels. 17 The UN Economic and Social Council identified energy efficiency as vital to curbing the energy demand in APAC as it contributes largely to the potential for reducing GHG emissions. They suggest that policy frameworks would benefit from strengthening energy efficiency and encouraging the uptake of renewable energy. 18 To allow for a successful energy transition in APAC, it is crucial to replace coal as the leading source of meeting the growing energy demand. From 2006 to 2016 the annual coal consumption in APAC increased by 3.1% 19 , indicating the importance of increasing the energy mix towards renewable energy projects to support the decarbonization of economies. Singapore accounts for about 0.11% of global emissions and is ranked 14 th out of 180 countries in the 2016 Environmental Performance Index (EPI), making it the top-ranked country in Asia. 20 The EPI ranks 180 countries on environmental health and ecosystem vitality. 21 In 2015, Singapore pledged to reduce emissions intensity by 36% from 2005 levels by 2030 and stabilize emissions with the aim of peaking around 2030. 22 Nevertheless, the country is a low-lying island state, which is vulnerable to several climate change consequences like flash floods, dry-spells and rising sea levels. Therefore, in 2016, Singapore announced the Climate Action Plan: Take Action Today, for a Carbon-Efficient Singapore outlaying four strategies: 1) improving energy efficiency, 2) reduce carbon emissions from power generation, 3) develop and demonstrate cuttingedge low-carbon technologies and 4) collective action of government agencies, individuals, business and the community. The country’s GHG emissions in 2012 were 49 million tons CO 2-equivalent. The largest shares of primary emissions come from power (43%), industry (41%) and transport (15%). 23 For the emissions coming from power, over 95% of Singapore’s electricity is generated through natural gas and it will continue to be a dominant fuel for the country in the near future (status 2020). In addition, Singapore is switching to renewable energy such as solar and is exploring ways to tap on regional power grids. Moreover, the country is looking into emerging renewable energy solutions such carbon capture, hydrogen and utilization and storage. 24 Sustainalytics considers that SP Group’s investments in energy efficiency and renewable energy will contribute to enhancing Asia’s and Singapore’s position as a low-carbon economy. 16 UN ESCAP, “The Economics of Climate Change in the Asia-Pacific Region”, (2016), at: https://www.unescap.org/sites/default/files/The%20Economics%20of%20Climate%20Change%20%20in%20the%20Asia-Pacific%20region.pdf 17 IRENA, “Asia and Pacific”, at: https://www.irena.org/asiapacific 18 UN Economic and Social Council, “Energy transition in Asia and the Pacific”, (2018), at: Energy transition in Asia and the Pacific: pathways to ensure access to affordable, reliable, sustainable and modern energy for all (unescap.org) 19 UN ESCAP, “Economic and Social Survey of Asia and the Pacific 2020”, (2020), at: https://www.unescap.org/sites/default/files/publications/Economic%20and%20Social%20Survey%20of%20Asia%20and%20the%20Pacific%202020%2 0Towards%20sustainable%20economies.pdf#page=27 20 National Climate Change Secretariat, “Singapore’s Climate Action Plan”, (2016), at: 1545Climate_Action_Plan_Publication_Part_1.pdf (un.org) 21 Environmental Performance Index at: Welcome | Environmental Performance Index (yale.edu) 22 National Climate Change Secretariat, “Singapore’s Climate Action Plan”, (2016), at: 1545Climate_Action_Plan_Publication_Part_1.pdf (un.org) 23 Ibid 24 Energy Market Authority at: The Future of Singapore's Energy Story | EMA Singapore 6 Second-Party Opinion Green Financing Framework Contribution to SDGs The Sustainable Development Goals (SDGs) were set in September 2015 by the United Nations General Assembly and form an agenda for achieving sustainable development by the year 2030. Sustainalytics is of the opinion that the bonds and loans issued under the Green Financing Framework advances the following SDG and targets: Use of Proceeds Category Clean Transportation Energy Efficiency SDG 11. Sustainable Cities and Communities 7. Affordable and Clean Energy SDG target 11.2 By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women children, persons with disabilities and older persons. 7.3. By 2030, double the global rate of improvement in energy efficiency. Green Buildings Renewable Energy 9. Industry, Innovation and Infrastructure 11. Sustainable Cities and Communities 7. Affordable and Clean Energy 9.4 By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities 11.3 By 2030, enhance inclusive and sustainable urbanization and capacity for participatory, integrated and sustainable human settlement planning and management in all countries. 7.1. By 2030, ensure universal access to affordable, reliable and modern energy services. 9. Industry, Innovation and Infrastructure 9.4 By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities Conclusion Singapore Power Limited has developed the Green Financing Framework under which it will issue green financing instruments and the use of proceeds to finance or refinance Clean Transportation, Energy Efficiency, Green Buildings, Renewable Energy projects. Sustainalytics considers that the projects funded by the proceeds can be expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations. The Green Financing Framework outlines a process by which proceeds will be tracked, allocated, and managed, and commitments have been made for reporting on the allocation and impact of the use of proceeds. Furthermore, Sustainalytics believes that the Green Financing Framework is aligned with the overall sustainability strategy of the company and that the green use of proceeds categories will contribute to the advancement of the UN Sustainable Development Goals 7, 9 and 11. Additionally, Sustainalytics is of the opinion that SP Group has adequate measures to identify, manage and mitigate environmental and social risks commonly associated with the eligible projects funded by the use of proceeds. 7 Second-Party Opinion Green Financing Framework Based on the above, Sustainalytics is confident that Singapore Power Limited is well-positioned to issue green financing instruments and that the Green Financing Framework is robust, transparent, and in alignment with the four core components of the Green Bond Principles 2018, Green Loan Principles 2020 and ASEAN Green Bond Standards. Appendices Appendix 1: Singapore BCA Green Mark Certification Scheme Singapore BCA Green Mark 28 Background Certification levels Areas of Assessment Requirements The BCA Green Mark Scheme provides real estate certifications in Singapore to promote sustainability in the built environment during project conceptualisation and design, as well as during construction. Certified Gold Gold Plus Platinum • Climate Responsive Design • Building Energy Performance • Resource Stewardship • Smart and Healthy Buildings • Advanced Green Efforts Prerequisites (independent of level of certification) and point score. Prerequisites for each performance area to demonstrate minimum criteria met. Numerical scores achieved in accordance with the criteria in each performance area. Performance Areas have different weights. Depending on the level of building performance and numerical score achieved in performance area, building’s level of certification is determined. Assessment of compliance with Green Mark criteria is done by the Singapore Building and Construction Authority (BCA). Performance display Appendix 2: Alignment to the ASEAN Green Bond Standards ASEAN Green Bond Standards’ Criteria Alignment with ASEAN GBS Sustainalytics’ comments on alignment with the ASEAN Green Bond Standards. Eligibility Yes The AGBS requires that issuers must be located in or that the proceeds be directed to assets in an ASEAN country. As a Singapore -based institution, Singapore Power Group qualifies. Use of Proceeds Yes The AGBS offers specific clarification that fossil fuel power generation projects are excluded; Singapore Power Limited has confirmed that net proceeds are excluded from the Framework and should not be used towards financing or refinancing of fossil fuel related assets and activities. 8 Second-Party Opinion Green Financing Framework Process for Project Evaluation and Selection Management of Proceeds Yes The AGBS specifies information that must be clearly communicated to investors before issuance regarding project selection. Within its framework, Singapore Power has described that the company’s Treasury team will select projects, and that its Chief Financial Officer will make the final approval. Yes The AGBS mandates that proceeds must be appropriately tracked and that temporary investments be disclosed. Within its framework, Singapore Power disclosed that the green finance instruments will be managed and tracked by an internal system, where Eligible Projects will be added to the extent required to ensure that an amount equal to the net proceeds from outstanding Green Financing Instruments will be allocated to projects until maturity of the instruments. Pending full allocation, the unallocated green bond proceeds will be held in cash or cash equivalents. Reporting Yes The AGBS requires annual reporting on the allocation of funds and the expected impacts. Singapore Power states that it will provide an annual allocation report until full allocation and commits to report on the impact of the use of proceeds, where feasible, on an annual basis. Annual Review Yes The AGBS encourages, but does not require, annual reviews. The Company intends to report on the allocation and impact of proceeds on its website on an annual basis, while noting that there is no primary intention to engage an external auditor to provide independent verification on reporting. Appendix 3: Green Bond / Green Bond Programme - External Review Form Section 1. Basic Information Issuer name: Singapore Power Limited Green Bond ISIN or Issuer Green Bond Framework Name, if applicable: Green Financing Framework Review provider’s name: Sustainalytics Completion date of this form: February 24, 2021 Publication date of review publication: Section 2. Review overview SCOPE OF REVIEW The following may be used or adapted, where appropriate, to summarise the scope of the review. The review assessed the following elements and confirmed their alignment with the GBP: ☒ Use of Proceeds ☒ Process for Project Evaluation and Selection ☒ Management of Proceeds ☒ Reporting 9 Second-Party Opinion Green Financing Framework ROLE(S) OF REVIEW PROVIDER ☒ Consultancy (incl. 2 nd opinion) ☐ Certification ☐ Verification ☐ Rating ☐ Other (please specify): Note: In case of multiple reviews / different providers, please provide separate forms for each review. EXECUTIVE SUMMARY OF REVIEW and/or LINK TO FULL REVIEW (if applicable) Please refer to Evaluation Summary above. Section 3. Detailed review Reviewers are encouraged to provide the information below to the extent possible and use the comment section to explain the scope of their review. 1. USE OF PROCEEDS Overall comment on section (if applicable): The eligible categories for the use of proceeds - Clean Transportation, Energy Efficiency, Green Buildings, Renewable Energy – are aligned with those recognized by the Green Bond Principles 2018,the Green Loan Principles 2020 and ASEAN Green Bond Standards. Sustainalytics considers that the eligible categories are expected to improve energy efficiency and reduce the carbon footprint of the Company’s and its customers’ operations which are primarily based in Asia currently and advance the UN Sustainable Development Goals (SDGs), specifically SDGs 7, 9 and 11. Use of proceeds categories as per GBP: ☒ Renewable energy ☒ Energy efficiency ☐ Pollution prevention and control ☐ Environmentally sustainable management of living natural resources and land use ☐ Terrestrial and aquatic biodiversity conservation ☒ Clean transportation ☐ Sustainable water and wastewater management ☐ Climate change adaptation ☐ Eco-efficient and/or circular economy adapted products, production technologies and processes ☒ Green buildings ☐ Unknown at issuance but currently expected to conform with GBP categories, or other eligible areas not yet stated in GBP ☐ Other (please specify): 10 Second-Party Opinion Green Financing Framework If applicable please specify the environmental taxonomy, if other than GBP: 2. PROCESS FOR PROJECT EVALUATION AND SELECTION Overall comment on section (if applicable): SP Group’s Treasury Team will be responsible for identifying, selecting and monitoring Eligible Projects. The team will be responsible for ensuring that selected projects are aligned with the Framework eligibility criteria. The final approval will be made by the Chief Financial Officer. Sustainalytics considers the project selection process in line with market practice. Evaluation and selection ☒ Credentials on the issuer’s environmental sustainability objectives ☒ Documented process to determine that projects fit within defined categories ☒ Defined and transparent criteria for projects eligible for Green Bond proceeds ☐ Documented process to identify and manage potential ESG risks associated with the project ☐ Summary criteria for project evaluation and selection publicly available ☐ Other (please specify): Information on Responsibilities and Accountability ☐ Evaluation / Selection criteria subject to external advice or verification ☒ In-house assessment ☐ Other (please specify): 3. MANAGEMENT OF PROCEEDS Overall comment on section (if applicable): SP Group uses an internal register to track the net proceeds from green bonds and loans, managed by the Treasury Team. Pending full allocation, any unallocated proceeds will be invested in cash, cash equivalents or liquid marketable instruments at SP Group’s discretion, as per SP Group’s treasury policy. This is aligned with current market practices. Tracking of proceeds: ☒ Green Bond proceeds segregated or tracked by the issuer in an appropriate manner ☒ Disclosure of intended types of temporary investment instruments for unallocated proceeds ☐ Other (please specify): 11 Second-Party Opinion Green Financing Framework Additional disclosure: ☐ Allocations to future investments only ☒ Allocations to both existing and future investments ☐ Allocation to individual disbursements ☐ Allocation to a portfolio of disbursements ☒ Disclosure of portfolio balance of unallocated proceeds ☐ Other (please specify): 4. REPORTING Overall comment on section (if applicable): The Company intends to report on the allocation and impact of proceeds on its website on an annual basis until full allocation. Allocation reporting will include (i) the amounts allocated in the respective Eligible Green Categories, (ii) description of key Eligible Projects funded by the Green Financing Instrument proceeds, (iii) the proportion of new financing versus refinancing, and (iv) the balance of unallocated proceeds. In addition, SP Group is committed to reporting on relevant impact metrics. Sustainalytics views Singapore Power Limited ’s allocation and impact reporting as aligned with market practice. Use of proceeds reporting: ☐ Project-by-project ☒ On a project portfolio basis ☐ Linkage to individual bond(s) ☒ Other (please specify): Information reported: ☒ Allocated amounts ☐ Green Bond financed share of total investment ☒ Other (please specify): description of key Eligible Projects funded by the Green Financing Instrument proceeds, the proportion of new financing versus refinancing and the balance of unallocated proceeds Frequency: ☒ Annual ☐ Semi-annual ☐ Other (please specify): Impact reporting: ☐ Project-by-project ☒ On a project portfolio basis ☐ Linkage to individual bond(s) ☒ Other (please specify): 12 Second-Party Opinion Green Financing Framework Information reported (expected or ex-post): ☒ GHG Emissions / Savings ☒ Energy Savings ☐ Decrease in water use ☒ Other ESG indicators (please specify): Where feasible, number of charging points installed, number of clean vehicles in fleet, number of buildings connected to district cooling network, energy efficiency factor, installed capacity (RT), number of green buildings certified, energy performance and renewable energy generation. Frequency ☒ Annual ☐ Semi-annual ☐ Other (please specify): Means of Disclosure ☐ Information published in financial report ☐ Information published in sustainability report ☐ ☐ Information published in ad hoc documents ☒ Other (please specify): Company’s website Reporting reviewed (if yes, please specify which parts of the reporting are subject to external review): Where appropriate, please specify name and date of publication in the useful links section. USEFUL LINKS (e.g. to review provider methodology or credentials, to issuer’s documentation, etc.) SPECIFY OTHER EXTERNAL REVIEWS AVAILABLE, IF APPROPRIATE Type(s) of Review provided: ☐ Consultancy (incl. 2 nd opinion) ☐ Certification ☐ Verification / Audit ☐ Rating ☐ Other (please specify): Review provider(s): Date of publication: ABOUT ROLE(S) OF INDEPENDENT REVIEW PROVIDERS AS DEFINED BY THE GBP i. Second-Party Opinion: An institution with environmental expertise, that is independent from the issuer may issue a Second-Party Opinion. The institution should be independent from the issuer’s adviser for its Green Bond framework, or appropriate procedures, such as information barriers, will have been implemented within 13 Second-Party Opinion Green Financing Framework the institution to ensure the independence of the Second-Party Opinion. It normally entails an assessment of the alignment with the Green Bond Principles. In particular, it can include an assessment of the issuer’s overarching objectives, strategy, policy and/or processes relating to environmental sustainability, and an evaluation of the environmental features of the type of projects intended for the Use of Proceeds. ii. iii. iv. Verification: An issuer can obtain independent verification against a designated set of criteria, typically pertaining to business processes and/or environmental criteria. Verification may focus on alignment with internal or external standards or claims made by the issuer. Also, evaluation of the environmentally sustainable features of underlying assets may be termed verification and may reference external criteria. Assurance or attestation regarding an issuer’s internal tracking method for use of proceeds, allocation of funds from Green Bond proceeds, statement of environmental impact or alignment of reporting with the GBP, may also be termed verification. Certification: An issuer can have its Green Bond or associated Green Bond framework or Use of Proceeds certified against a recognised external green standard or label. A standard or label defines specific criteria, and alignment with such criteria is normally tested by qualified, accredited third parties, which may verify consistency with the certification criteria. Green Bond Scoring/Rating: An issuer can have its Green Bond, associated Green Bond framework or a key feature such as Use of Proceeds evaluated or assessed by qualified third parties, such as specialised research providers or rating agencies, according to an established scoring/rating methodology. The output may include a focus on environmental performance data, the process relative to the GBP, or another benchmark, such as a 2-degree climate change scenario. Such scoring/rating is distinct from credit ratings, which may nonetheless reflect material environmental risks. 14 Second-Party Opinion Green Financing Framework Disclaimer Copyright ©2021 Sustainalytics. All rights reserved. The information, methodologies and opinions contained or reflected herein are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data), and may be made available to third parties only in the form and format disclosed by Sustainalytics, or provided that appropriate citation and acknowledgement is ensured. They are provided for informational purposes only and (1) do not constitute an endorsement of any product or project; (2) do not constitute investment advice, financial advice or a prospectus; (3) cannot be interpreted as an offer or indication to buy or sell securities, to select a project or make any kind of business transactions; (4) do not represent an assessment of the issuer’s economic performance, financial obligations nor of its creditworthiness; and/or (5) have not and cannot be incorporated into any offering disclosure. These are based on information made available by the issuer and therefore are not warranted as to their merchantability, completeness, accuracy, up-to-dateness or fitness for a particular purpose. The information and data are provided “as is” and reflect Sustainalytics` opinion at the date of their elaboration and publication. Sustainalytics accepts no liability for damage arising from the use of the information, data or opinions contained herein, in any manner whatsoever, except where explicitly required by law. Any reference to third party names or Third Party Data is for appropriate acknowledgement of their ownership and does not constitute a sponsorship or endorsement by such owner. A list of our third-party data providers and their respective terms of use is available on our website. For more information, visit http://www.sustainalytics.com/legal-disclaimers. The issuer is fully responsible for certifying and ensuring the compliance with its commitments, for their implementation and monitoring. In case of discrepancies between the English language and translated versions, the English language version shall prevail. 15 Second-Party Opinion Green Financing Framework About Sustainalytics, a Morningstar Company Sustainalytics, a Morningstar Company, is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. The firm works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The world’s foremost issuers, from multinational corporations to financial institutions to governments, also rely on Sustainalytics for credible second-party opinions on green, social and sustainable bond frameworks. 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Green Financing Framework 8 th March 2021 Table of Contents 1 Background .......................................................................................................................... 3 1.1 SP Group overview ...................................................................................................................... 3 1.2 Sustainability, an integral part of the Group’s strategy .............................................................. 3 2 SP Group Green Financing Framework .................................................................................. 5 2.1 Use of Proceeds .......................................................................................................................... 5 2.2 Process for Project Selection and Evaluation ............................................................................. 7 2.3 Management of Proceeds ........................................................................................................... 8 2.4 Reporting..................................................................................................................................... 8 2.4.1 Allocation reporting ................................................................................................................ 8 2.4.2 Impact reporting ..................................................................................................................... 9 2.5 External Review – Second Party Opinion .................................................................................. 10 Acknowledgment .................................................................................................................................. 10 SP Group enables a low-carbon and sustainable future for Singapore. 2 1 Background 1.1 SP Group overview Singapore Power Limited and its subsidiaries (“SP Group” or the “Company”) is a leading energy utility company in Asia Pacific, with total assets and RDA debit balances of S$20.0 billion as of March 31, 2020 and S$1.0 billion of net profit for the financial year ended March 31, 2020 1 . SP Group owns and operates electricity and gas transmission and distribution businesses and a market support services business in Singapore, and holds an interest in two Australian companies which are engaged in the transmission and distribution of electricity and gas in Australia. SP Group also owns and operates one of the world’s largest underground district cooling network that is located in Singapore, and SP Group has also set up district cooling and heating operations in China. As of March 31, 2020, SP Group’s Electricity T&D Business, Gas T&D Business and Market Support Services Business serve more than 1.65 million industrial, commercial and residential customers in Singapore. SP Group’s electricity and gas transmission and distribution networks are amongst the most reliable and cost-effective worldwide. 1.2 Sustainability, an integral part of the Group’s strategy SP Group’s mission is to deliver reliable and efficient utilities services to enhance the economy and the quality of life of our consumers. With the energy industry rapidly evolving, we play an essential role in clean energy transition. This mission is rooted in our value system of commitment, integrity, passion and teamwork. Sustainability is central to our mission and guides us to achieve our mission in a responsible and committed manner. As a leading energy utilities company, we anchor our sustainability strategy around the United Nation’s Sustainable Development Goal (SDG) 7 – to ensure access to reliable, sustainable and modern energy for all. We aspire to be a leading utilities company in a low-carbon future. Providing energy that is reliable and sustainable is central to this long-term strategy. We recognise that to enable this clean transition, we need to invest in innovative technologies and infrastructure. We also understand that our actions need to extend beyond our own operations, to those of our customers who can create a large share of the impact through their choices and decisions. SP Group has established a “30-30-30 target” 2 : to add at least 30 per cent value to our customers and reduce our carbon footprint by 30 per cent, by 2030. 1 For latest financial information, please refer to latest SP Group Treasury Pte. Ltd.’s Global Medium Term Note Program Offering Circular available at: https://www.spgroup.com.sg/about-us/investor-relations 2 For detailed information: https://www.poweringthenation.sg/sustainability/our-sustainability-review 3 For that reason, SP Group has developed strategies to leverage on sustainable solutions and innovations that help to better serve customers’ needs and lifestyles. As an illustration, SP Group is working to achieve 100 per cent electrification of its vehicle fleet by 2030, while simultaneously promoting the adoption of Electric Vehicles in Singapore through building Singapore’s largest public Electric Vehicle charging network, in line with the Singapore government’s longer term plan to build 28,000 electric vehicle charging points by 2030 and to phase out internal combustion engine vehicles by 2040 3 . SP Group’s direct current fast charging points offer our customers a convenient and quick way to charge their electric vehicles. As part of our 30-30-30 target, energy efficiency is critical in reducing our carbon footprint. Our ongoing investments in district cooling and heating solutions is an example of an energy and economically efficient urban utility service. While conventional air conditioning or heating are typically decentralized in individual properties, district cooling and heating involves the centralized production of chilled and hot water piped to commercial buildings, thereby reaping benefits of economies of scale . An example is in Marina Bay area, Singapore, where SP Group owns and operates one of the world’s largest underground district cooling network. Connected buildings enjoy up to 40% energy savings 4 . Beyond Singapore, SP Group has also expanded its district cooling and heating footprint to China where it has been providing such solutions to commercial customers since 2019. For example, SP Group has designed, built and been operating an advanced district cooling system since September 2019 for CapitaLand’s Raffles City Chongqing development, a prime landmark strategically located in the heart of Chongqing, China. Considering the increase in air-conditioning use in the past two decades, led by China, where energy demand for space cooling has grown at an average of 13% per year 4 , the district cooling and heating solutions provided by SP Group can make a difference in mitigating greenhouse gas emissions. In this context, SP Group has established a Green Financing Framework which focuses on meeting climate and other environmental challenges, while simultaneously responding to increasing investor demand for positive environmental impact investments with a greater transparency in terms of use of proceeds and the funded projects’ / investments’ impact on the environment. This would also be a way to reinforce our strategy to expedite clean energy transition and create low-carbon and smart energy cities. 3 https://www.reuters.com/article/us-singapore-economy-budget-autos-idUSKBN20C15D 4 https://www.bloomberg.com/news/features/2020-06-08/singapore-finds-a-way-to-make-air-conditionersgreener 4 2 SP Group Green Financing Framework The SP Group Green Financing Framework sets out the criteria, governance and processes under which SP Group, including any of its subsidiaries, intends to issue green bonds, loans, green letter of credit facilities, private placements or any other green financing instruments (together “Green Financing Instruments”), and in doing so contribute to positive environmental impacts. This Framework is in line with: - International Capital Market Association (“ICMA”) Green Bond Principles 2018 (“GBP”); - ASEAN Capital Markets Forum (“ACMF”) ASEAN Green Bond Standards 2018 (“GBS”); - Loan Market Association (“LMA”), Loan Syndications and Trading Association (“LSTA”) and Asia Pacific Loan Market Association (“APLMA”) Green Loan Principles 2020 (“GLP”) This Framework has five key pillars: 1 Use of Proceeds 2 Process for Project Evaluation and Selection 3 Management of Proceeds 4 Reporting 5 External Review 2.1 Use of Proceeds Any Green Financing Instruments issued by SP Group (or any of its subsidiaries) will be used to finance and/or re-finance, in whole or in part, new or existing projects, under construction and / or in operation (“Eligible Projects”) from any of the eligible green categories (“Eligible Green Categories” as defined below). For the avoidance of doubt, for new projects or assets, the proceeds can finance assets during the construction and/or operational phase. For re-financing of Eligible Projects, SP Group will limit the ‘look back’ period to 36 months from the date of the Green Financing Instrument transaction. 5 Eligible Green Categories Alignment with GBP/GBS/GLP Clean Transportation Energy Efficiency Green Buildings Renewable Energy Use of Proceeds / Eligibility Criteria 1. Acquisition, construction, development, deployment, operation and/or maintenance of Electric Vehicles for SP Group’s vehicle fleet based in Singapore 2. Investments in development, construction and maintenance of charging infrastructure for Electric Vehicles 1. Acquisition, construction, development, deployment, operation and/or maintenance of projects that reduce the amount of energy consumption, improve energy efficiency and/or reduce electricity grid losses, including but not limited to: 1.1. Investments into development of energy efficiency assets such as district cooling and heating solutions 1.2. Microgrids 1.3. Energy storage systems 1. Acquisition, construction, development, operation, renovation and/or maintenance of certified Green Buildings, such as BCA Green Mark (Gold or above) or equivalent 1. Acquisition, construction, development, deployment, operation and/or maintenance of infrastructure related to renewable energy including but not limited to solar energy (solar photovoltaic and concentrated solar power systems), offshore and onshore wind, hydropower (below 25MW) and geothermal (below 100g CO2/kWh), for purposes such as: 1.1. generation and storage of such renewable energy; 1.2. connection and/or integration of such renewable energy’s generation/storage sources to the grid; and/or 1.3. transmission and distribution of such renewable energy Exclusion Criteria Projects that do not fall into the Eligible Green Categories as listed above will not be eligible under this Framework. Explicitly, the type of projects related to transmission of energy from fossil fuel and sectors listed in the IFC Exclusion List (2007) 5 shall be excluded from this Framework. 5 https://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/sustainability-atifc/company-resources/ifcexclusionlist 6 2.2 Process for Project Selection and Evaluation SP Group’s Treasury team will be responsible for governing and monitoring the SP Group Green Financing Framework. The key roles include the below: Review, select and validate the pool of Eligible Projects based on the Green Financing Framework on an annual basis Exclude projects that no longer comply with the Eligibility Criteria or have been disposed of, and replace them on a best-efforts basis with new Eligible Projects during annual review of outstanding Green Financing Instruments Replace with an equivalent value of new Eligible Projects if any validated Eligible Projects mature during the life of any Green Financing Instrument Create and validate the annual reporting on Green Financing Instruments issued under this Framework for investors and lenders Monitor on-going evolution related to the sustainable financing market practices in terms of disclosure / reporting in order to be in-line with best market practices The Chief Financial Officer of SP Group has the right of veto on decisions made by the Treasury team while performing above key roles. SP Group operates one of the world’s largest underground district cooling system that supplies chilled water for air conditioning to buildings in the Marina Bay area. Connected buildings enjoy up to 40% energy savings. 7 2.3 Management of Proceeds SP Group intends to allocate the proceeds to fund Eligible Projects under the Eligible Green Categories, selected in accordance with the use of proceeds criteria and evaluation and selection process presented above. These projects may consist of new and / or existing projects. A Green Financing Register will be established to earmark the proceeds of the Green Financing Instruments against assessed and selected Eligible Projects following the process described in section 2.2 above. SP Group will strive to maintain a level of allocation which, after adjustments for intervening circumstances including, but not limited to, divestments, matches or exceeds the balance of net proceeds from its outstanding Green Financing Instruments. Additional Eligible Projects will be added to the Green Financing Register to the extent required to ensure that an amount equal to the net proceeds from outstanding Green Financing Instruments will be allocated to Eligible Projects until the maturity of the instruments. Pending the full allocation of the proceeds, the balance of unallocated proceeds shall be invested at SP Group’s discretion, in cash and/or cash equivalent and/or other liquid marketable instruments, as per SP Group’s treasury policy and the Exclusion Criteria. 2.4 Reporting SP Group commits to transparent reporting on its Green Financing Instruments. A Green Financing Report will be made available to investors and lenders within one year from the date of the issuance of the Green Financing Instruments and thereafter once a year until the proceeds have been fully allocated. The respective Green Financing Report will consist of both i) allocation reporting and ii) impact reporting. Green Financing Reports will be available on SP Group’s website. Once fully allocated, in case of material changes to the allocation of any Green Financing Instrument, SP Group will provide the updated information to the investors and lenders on a timely manner. 2.4.1 Allocation reporting To the extent practicable, this will detail: − − − − The amounts allocated in the respective Eligible Green Categories A qualitative description of key Eligible Projects funded by the Green Financing Instrument proceeds The proportion of new financing versus re-financing The balance of unallocated proceeds 8 2.4.2 Impact reporting Where practical and feasible, SP Group will provide impact reporting for each Eligible Green Category where competition and confidentiality considerations permit. It may contain the following impact metrics for each Eligible Green Category: Eligible Green Categories Clean Transportation Indicative Reporting Indicators • Annual GHG emissions reduced/avoided in tons of CO 2 equivalent • Number or percentage of clean vehicles in fleet • Number of charging infrastructure points installed Energy Efficiency • Annual GHG emissions reduced/avoided in tons of CO 2 equivalent • Number of buildings connected by district cooling network • % energy saving achieved from the baseline • Annual energy savings achieved in MWh/GWh/GJ/TJ • Energy Efficiency Factor (kwh/kWrh or kwh/Refrigerant Ton (“RT”)) • Installed Capacity (RT) Green Buildings • Number and m 2 of Gross Building Area of Green Buildings certified and the certification label and level achieved • Annual GHG emissions avoided in tons of CO 2 equivalent • Energy performance of kWh/ m 2 of Gross Building Area annually • Energy use avoidance Renewable Energy • Renewable energy generation in MWh • Annual GHG emissions avoided in tons of CO 2 equivalent All assumptions and methodologies used to calculate impact amounts will be disclosed in the annual reporting at the relevant section. 9 2.5 External Review – Second Party Opinion SP Group’s Green Financing Framework has been reviewed by Sustainalytics who has issued a Second Party Opinion to confirm the alignment with ICMA Green Bond Principles, ASEAN Green Bond Standards and LMA/LSTA/APLMA Green Loan Principles. This Second Party Opinion document will be made publicly available on SP Group’s website. Acknowledgment This Green Financing Framework has been developed with thanks to: 10

Green Financing Framework 8 th March 2021 Table of Contents 1 Background .......................................................................................................................... 3 1.1 SP Group overview ...................................................................................................................... 3 1.2 Sustainability, an integral part of the Group’s strategy .............................................................. 3 2 SP Group Green Financing Framework .................................................................................. 5 2.1 Use of Proceeds .......................................................................................................................... 5 2.2 Process for Project Selection and Evaluation ............................................................................. 7 2.3 Management of Proceeds ........................................................................................................... 8 2.4 Reporting..................................................................................................................................... 8 2.4.1 Allocation reporting ................................................................................................................ 8 2.4.2 Impact reporting ..................................................................................................................... 9 2.5 External Review – Second Party Opinion .................................................................................. 10 Acknowledgment .................................................................................................................................. 10 SP Group enables a low-carbon and sustainable future for Singapore. 2 1 Background 1.1 SP Group overview Singapore Power Limited and its subsidiaries (“SP Group” or the “Company”) is a leading energy utility company in Asia Pacific, with total assets and RDA debit balances of S$20.0 billion as of March 31, 2020 and S$1.0 billion of net profit for the financial year ended March 31, 2020 1 . SP Group owns and operates electricity and gas transmission and distribution businesses and a market support services business in Singapore, and holds an interest in two Australian companies which are engaged in the transmission and distribution of electricity and gas in Australia. SP Group also owns and operates one of the world’s largest underground district cooling network that is located in Singapore, and SP Group has also set up district cooling and heating operations in China. As of March 31, 2020, SP Group’s Electricity T&D Business, Gas T&D Business and Market Support Services Business serve more than 1.65 million industrial, commercial and residential customers in Singapore. SP Group’s electricity and gas transmission and distribution networks are amongst the most reliable and cost-effective worldwide. 1.2 Sustainability, an integral part of the Group’s strategy SP Group’s mission is to deliver reliable and efficient utilities services to enhance the economy and the quality of life of our consumers. With the energy industry rapidly evolving, we play an essential role in clean energy transition. This mission is rooted in our value system of commitment, integrity, passion and teamwork. Sustainability is central to our mission and guides us to achieve our mission in a responsible and committed manner. As a leading energy utilities company, we anchor our sustainability strategy around the United Nation’s Sustainable Development Goal (SDG) 7 – to ensure access to reliable, sustainable and modern energy for all. We aspire to be a leading utilities company in a low-carbon future. Providing energy that is reliable and sustainable is central to this long-term strategy. We recognise that to enable this clean transition, we need to invest in innovative technologies and infrastructure. We also understand that our actions need to extend beyond our own operations, to those of our customers who can create a large share of the impact through their choices and decisions. SP Group has established a “30-30-30 target” 2 : to add at least 30 per cent value to our customers and reduce our carbon footprint by 30 per cent, by 2030. 1 For latest financial information, please refer to latest SP Group Treasury Pte. Ltd.’s Global Medium Term Note Program Offering Circular available at: https://www.spgroup.com.sg/about-us/investor-relations 2 For detailed information: https://www.poweringthenation.sg/sustainability/our-sustainability-review 3 For that reason, SP Group has developed strategies to leverage on sustainable solutions and innovations that help to better serve customers’ needs and lifestyles. As an illustration, SP Group is working to achieve 100 per cent electrification of its vehicle fleet by 2030, while simultaneously promoting the adoption of Electric Vehicles in Singapore through building Singapore’s largest public Electric Vehicle charging network, in line with the Singapore government’s longer term plan to build 28,000 electric vehicle charging points by 2030 and to phase out internal combustion engine vehicles by 2040 3 . SP Group’s direct current fast charging points offer our customers a convenient and quick way to charge their electric vehicles. As part of our 30-30-30 target, energy efficiency is critical in reducing our carbon footprint. Our ongoing investments in district cooling and heating solutions is an example of an energy and economically efficient urban utility service. While conventional air conditioning or heating are typically decentralized in individual properties, district cooling and heating involves the centralized production of chilled and hot water piped to commercial buildings, thereby reaping benefits of economies of scale . An example is in Marina Bay area, Singapore, where SP Group owns and operates one of the world’s largest underground district cooling network. Connected buildings enjoy up to 40% energy savings 4 . Beyond Singapore, SP Group has also expanded its district cooling and heating footprint to China where it has been providing such solutions to commercial customers since 2019. For example, SP Group has designed, built and been operating an advanced district cooling system since September 2019 for CapitaLand’s Raffles City Chongqing development, a prime landmark strategically located in the heart of Chongqing, China. Considering the increase in air-conditioning use in the past two decades, led by China, where energy demand for space cooling has grown at an average of 13% per year 4 , the district cooling and heating solutions provided by SP Group can make a difference in mitigating greenhouse gas emissions. In this context, SP Group has established a Green Financing Framework which focuses on meeting climate and other environmental challenges, while simultaneously responding to increasing investor demand for positive environmental impact investments with a greater transparency in terms of use of proceeds and the funded projects’ / investments’ impact on the environment. This would also be a way to reinforce our strategy to expedite clean energy transition and create low-carbon and smart energy cities. 3 https://www.reuters.com/article/us-singapore-economy-budget-autos-idUSKBN20C15D 4 https://www.bloomberg.com/news/features/2020-06-08/singapore-finds-a-way-to-make-air-conditionersgreener 4 2 SP Group Green Financing Framework The SP Group Green Financing Framework sets out the criteria, governance and processes under which SP Group, including any of its subsidiaries, intends to issue green bonds, loans, green letter of credit facilities, private placements or any other green financing instruments (together “Green Financing Instruments”), and in doing so contribute to positive environmental impacts. This Framework is in line with: - International Capital Market Association (“ICMA”) Green Bond Principles 2018 (“GBP”); - ASEAN Capital Markets Forum (“ACMF”) ASEAN Green Bond Standards 2018 (“GBS”); - Loan Market Association (“LMA”), Loan Syndications and Trading Association (“LSTA”) and Asia Pacific Loan Market Association (“APLMA”) Green Loan Principles 2020 (“GLP”) This Framework has five key pillars: 1 Use of Proceeds 2 Process for Project Evaluation and Selection 3 Management of Proceeds 4 Reporting 5 External Review 2.1 Use of Proceeds Any Green Financing Instruments issued by SP Group (or any of its subsidiaries) will be used to finance and/or re-finance, in whole or in part, new or existing projects, under construction and / or in operation (“Eligible Projects”) from any of the eligible green categories (“Eligible Green Categories” as defined below). For the avoidance of doubt, for new projects or assets, the proceeds can finance assets during the construction and/or operational phase. For re-financing of Eligible Projects, SP Group will limit the ‘look back’ period to 36 months from the date of the Green Financing Instrument transaction. 5 Eligible Green Categories Alignment with GBP/GBS/GLP Clean Transportation Energy Efficiency Green Buildings Renewable Energy Use of Proceeds / Eligibility Criteria 1. Acquisition, construction, development, deployment, operation and/or maintenance of Electric Vehicles for SP Group’s vehicle fleet based in Singapore 2. Investments in development, construction and maintenance of charging infrastructure for Electric Vehicles 1. Acquisition, construction, development, deployment, operation and/or maintenance of projects that reduce the amount of energy consumption, improve energy efficiency and/or reduce electricity grid losses, including but not limited to: 1.1. Investments into development of energy efficiency assets such as district cooling and heating solutions 1.2. Microgrids 1.3. Energy storage systems 1. Acquisition, construction, development, operation, renovation and/or maintenance of certified Green Buildings, such as BCA Green Mark (Gold or above) or equivalent 1. Acquisition, construction, development, deployment, operation and/or maintenance of infrastructure related to renewable energy including but not limited to solar energy (solar photovoltaic and concentrated solar power systems), offshore and onshore wind, hydropower (below 25MW) and geothermal (below 100g CO2/kWh), for purposes such as: 1.1. generation and storage of such renewable energy; 1.2. connection and/or integration of such renewable energy’s generation/storage sources to the grid; and/or 1.3. transmission and distribution of such renewable energy Exclusion Criteria Projects that do not fall into the Eligible Green Categories as listed above will not be eligible under this Framework. Explicitly, the type of projects related to transmission of energy from fossil fuel and sectors listed in the IFC Exclusion List (2007) 5 shall be excluded from this Framework. 5 https://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/sustainability-atifc/company-resources/ifcexclusionlist 6 2.2 Process for Project Selection and Evaluation SP Group’s Treasury team will be responsible for governing and monitoring the SP Group Green Financing Framework. The key roles include the below: Review, select and validate the pool of Eligible Projects based on the Green Financing Framework on an annual basis Exclude projects that no longer comply with the Eligibility Criteria or have been disposed of, and replace them on a best-efforts basis with new Eligible Projects during annual review of outstanding Green Financing Instruments Replace with an equivalent value of new Eligible Projects if any validated Eligible Projects mature during the life of any Green Financing Instrument Create and validate the annual reporting on Green Financing Instruments issued under this Framework for investors and lenders Monitor on-going evolution related to the sustainable financing market practices in terms of disclosure / reporting in order to be in-line with best market practices The Chief Financial Officer of SP Group has the right of veto on decisions made by the Treasury team while performing above key roles. SP Group operates one of the world’s largest underground district cooling system that supplies chilled water for air conditioning to buildings in the Marina Bay area. Connected buildings enjoy up to 40% energy savings. 7 2.3 Management of Proceeds SP Group intends to allocate the proceeds to fund Eligible Projects under the Eligible Green Categories, selected in accordance with the use of proceeds criteria and evaluation and selection process presented above. These projects may consist of new and / or existing projects. A Green Financing Register will be established to earmark the proceeds of the Green Financing Instruments against assessed and selected Eligible Projects following the process described in section 2.2 above. SP Group will strive to maintain a level of allocation which, after adjustments for intervening circumstances including, but not limited to, divestments, matches or exceeds the balance of net proceeds from its outstanding Green Financing Instruments. Additional Eligible Projects will be added to the Green Financing Register to the extent required to ensure that an amount equal to the net proceeds from outstanding Green Financing Instruments will be allocated to Eligible Projects until the maturity of the instruments. Pending the full allocation of the proceeds, the balance of unallocated proceeds shall be invested at SP Group’s discretion, in cash and/or cash equivalent and/or other liquid marketable instruments, as per SP Group’s treasury policy and the Exclusion Criteria. 2.4 Reporting SP Group commits to transparent reporting on its Green Financing Instruments. A Green Financing Report will be made available to investors and lenders within one year from the date of the issuance of the Green Financing Instruments and thereafter once a year until the proceeds have been fully allocated. The respective Green Financing Report will consist of both i) allocation reporting and ii) impact reporting. Green Financing Reports will be available on SP Group’s website. Once fully allocated, in case of material changes to the allocation of any Green Financing Instrument, SP Group will provide the updated information to the investors and lenders on a timely manner. 2.4.1 Allocation reporting To the extent practicable, this will detail: − − − − The amounts allocated in the respective Eligible Green Categories A qualitative description of key Eligible Projects funded by the Green Financing Instrument proceeds The proportion of new financing versus re-financing The balance of unallocated proceeds 8 2.4.2 Impact reporting Where practical and feasible, SP Group will provide impact reporting for each Eligible Green Category where competition and confidentiality considerations permit. It may contain the following impact metrics for each Eligible Green Category: Eligible Green Categories Clean Transportation Indicative Reporting Indicators • Annual GHG emissions reduced/avoided in tons of CO 2 equivalent • Number or percentage of clean vehicles in fleet • Number of charging infrastructure points installed Energy Efficiency • Annual GHG emissions reduced/avoided in tons of CO 2 equivalent • Number of buildings connected by district cooling network • % energy saving achieved from the baseline • Annual energy savings achieved in MWh/GWh/GJ/TJ • Energy Efficiency Factor (kwh/kWrh or kwh/Refrigerant Ton (“RT”)) • Installed Capacity (RT) Green Buildings • Number and m 2 of Gross Building Area of Green Buildings certified and the certification label and level achieved • Annual GHG emissions avoided in tons of CO 2 equivalent • Energy performance of kWh/ m 2 of Gross Building Area annually • Energy use avoidance Renewable Energy • Renewable energy generation in MWh • Annual GHG emissions avoided in tons of CO 2 equivalent All assumptions and methodologies used to calculate impact amounts will be disclosed in the annual reporting at the relevant section. 9 2.5 External Review – Second Party Opinion SP Group’s Green Financing Framework has been reviewed by Sustainalytics who has issued a Second Party Opinion to confirm the alignment with ICMA Green Bond Principles, ASEAN Green Bond Standards and LMA/LSTA/APLMA Green Loan Principles. This Second Party Opinion document will be made publicly available on SP Group’s website. Acknowledgment This Green Financing Framework has been developed with thanks to: 10

Search Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP group is a credited partner of I-REC Standard, an international recognized registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and P Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CD P and GHG protocol. Register your project to supply RECs Have a renewable project that is generating clean and green energy? From residential rooftop solar systems in Singapore to utility-scale wind and solar farms in the region, we are here to help optimise returns from each project and support the growth of renewable energy investments. Contact Us Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Renewable Energyhttps://www.spgroup.com.sg/sustainable-energy-solutions/renewable-energy OverviewKey ProjectsContact Us Renewable Energy Supporting Clean and Green Energy Transition From utility-scale to rooftop solar photovoltaic (PV) solutions, wind and energy storage systems, we integrate our renewable energy solutions with digital energy management technology to provide customers with a reliable, high yield and high-performing solution to drive their ambitious green growth strategy. Renewable Energy is energy produced from natural sources that are constantly replenished and do not run out. Renewable energy sources such as solar and wind will become an indispensable and important part of the power supply system.  Energy Storage Systems (ESS) help to integrate renewables into the grid, manage intermittency and at times, act as a backup power source during an outage. Acting as a battery to store renewable energy such as solar, it helps to enhance reliability of green and hybrid energy systems. Key Projects Seatrium Limited Formerly Sembcorp Marine A total of 8.5 megawatt-peak (MWp) of rooftop solar energy will be deployed at the yard. The generation, usage, and storage of solar energy will be managed and optimised by SP’s GET smart energy management system that incorporates Internet of Things (IoT), Artificial Intelligence (A.I.), sensors and advanced metering infrastructure to realise significant energy savings. Delivers up to 10,400 MWh of electricity Integrated solutions: Solar PVs, Green Energy Tech (GETTM) and Energy storage system Reduces carbon emissions by more than 4,200 tonnes annually Read more AIMS APAC REIT SP Group is partnering AIMS APAC REIT (AA REIT) to install rooftop solar PV system across six of AA REIT’s industrial, logistics and warehouse properties in Singapore. The 10.8 megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. AA REIT will receive all the renewable energy certificates (RECs) associated with the green solar energy generated by the combined rooftop solar PV system. These RECs can be used to offset carbon emissions by AA REIT as well as support its tenants in their emissions reduction efforts. Delivers up to 14,500 MWh of energy annually Avoids over 5,900 tonnes of carbon emissions annually Read more TKG Taekwang Vina SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam. Delivers up to 28,000 MWh of electricity annually Reduces carbon emissions by more than 22,000 tonnes annually Read more Vinamilk Vietnam's largest dairy production company SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms. Delivers up to 35,000 MWh of electricity annually Across 9 factories and 7 farms Reduces carbon emissions by more than 32,000 tonnes annually Read more CJ Vina Agri SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant.  Delivers up to 3,577 MWh of electricity annually Reduces carbon emissions by more than 3,500 tonnes annually Read more Additional Media The Business Times (2 Aug 2021): SP Group partners BCG Energy on solar project in Vietnam Media Release: SP Group and Nuriflex to install rooftop solar power for TKG Taekwang Vina Latest News Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/sp-unveils-blockchain-powered-renewable-energy-certificates-marketplace SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Unveils Blockchain-Powered Renewable Energy Certificates Marketplace INNOVATION SP Group presented one of the world’s first blockchain powered marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates of energy generated by renewable sources. The world-wide preview took place in Berlin on 19 April at Event Horizon, a global energy sector blockchain summit. This platform enables companies and individuals to trade RECs in a simple, secure and cost-effective manner. It helps corporates achieve their sustainability goals by ensuring that the electricity they consume comes from renewable sources. The platform will encourage a greater integration of renewable energy sources onto the electricity grid, by enabling “green conscious” homeowners to market their RECs easily and conveniently. — 27 June 2018 TAGS SUSTAINABILITYBLOCKCHAININNOVATION YOU MIGHT BE INTERESTED TO READ Using GET™ to help Mercatus digitally manage their tenant utilities SP Group is partnering Mercatus Co-operative Limited to deploy SP Digital’s Green Energy Tech (GET™) solutions to Mercatus’ properties. Developing the digital core of sustainable energy solutions From coding to designing systems, Ibrahim develops and manages all the central platforms and systems that power the SP Utilities app, commercial solutions, and internal projects for SP. SP Group awarded BCA grant to power next-gen green buildings SP Group (SP) was awarded a grant by the Building and Construction Authority (BCA) to develop and implement technologies and digital solutions to push the limits of buildings’ energy efficiency standards. Category: Innovation [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= News Release SP GROUP LAUNCHES ONE OF THE WORLD’S FIRST BLOCKCHAIN-POWERED TRADING OF RENEWABLE ENERGY CERTIFICATES • City Developments Limited and DBS Bank on board as first buyers of certificates • Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions 2 Annex A About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG 3 Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Release SP GROUP AND I-REC HELP CORPORATES ACHIEVE GREEN TARGETS SP’s digital REC platform facilitates greater access to green energy Singapore, 31 October 2019 – SP Group (SP) is the first authorised local issuer of International Renewable Energy Certificates (I-RECs) in Asia Pacific Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/helping-corporates-achieve-their-green-targets SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Helping Corporates Achieve Their Green Targets INNOVATION Ms May Liew, Head of Sustainability & Open Innovation, SP Group (seated, left) and Mr Jared Braslawsky, Secretary General of the I-REC Standard Foundation (seated, right), signed Category: Innovation Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects The Business Times - SP Group unveils blockchain-powered green energy platformhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/34445b92-d9ba-4fc8-9690-0fdb608c5296/%5B20181030%5D+The+Business+Times+-+SP+Group+unveils+blockchain-powered+green+energy+platform.pdf?MOD=AJPERES&CVID= certificates (RECs). The move is expected to speed up the expansion of REC trades, which have gained traction here since the ratification of the Paris climate change accord in 2015. SP’s chief digital officer, Samuel Tan, said this new platform that is backed by blockchain technology, enables The Straits Times Home - Easier for small producers to sell 'green credits'https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/0d207c7f-7a74-4c3d-a9c8-d78f91372f56/%5B20181030%5D+The+Straits+Times+Home++-+Easier+for+small+producers+to+sell+'green+credits'.pdf?MOD=AJPERES&CVID= B2 HOME | THE STRAITS TIMES | TUESDAY, OCTOBER 30, 2018 | What is blockchain? What are renewable energy certificates (RECs)? And how will they both interact? SP Group is hoping blockchain marketplace will encourage wider use of renewable energy sources. WHAT IS BLOCKCHAIN? Imagine a digital ledger Sembcorp and SP Group to Collaborate on an Environmental Sustainability Platformhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Sembcorp-and-SP-Group-to-Collaborate-on-an-Environmental-Sustainability-Platform certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers [20180419] Media Release - SP Group Showcases Blockchain Platform For Renewable Energy Transactions With DBShttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/6ffa1ed2-8c40-4657-af26-958f97fa052d/%5B20180419%5D+Media+Release+-+SP+Group+Showcases+Blockchain+Platform+For+Renewable+Energy+Transactions+With+DBS.pdf?MOD=AJPERES&CVID= Media Release SP GROUP SHOWCASES BLOCKCHAIN PLATFORM FOR RENEWABLE ENERGY TRANSACTIONS WITH DBS Singapore, 19 April 2018 – In a world-wide debut, SP Group presented a blockchain marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants [20201027]+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/37f0f441-689f-4c88-90ac-37a24b47503e/%5B20201027%5D+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdf?MOD=AJPERES&CVID= certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from Category: Sustainability 1 2 3 4 5 Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP group is a credited partner of I-REC Standard, an international recognized registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and P Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CD P and GHG protocol. Register your project to supply RECs Have a renewable project that is generating clean and green energy? From residential rooftop solar systems in Singapore to utility-scale wind and solar farms in the region, we are here to help optimise returns from each project and support the growth of renewable energy investments. Contact Us Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Renewable Energyhttps://www.spgroup.com.sg/sustainable-energy-solutions/renewable-energy OverviewKey ProjectsContact Us Renewable Energy Supporting Clean and Green Energy Transition From utility-scale to rooftop solar photovoltaic (PV) solutions, wind and energy storage systems, we integrate our renewable energy solutions with digital energy management technology to provide customers with a reliable, high yield and high-performing solution to drive their ambitious green growth strategy. Renewable Energy is energy produced from natural sources that are constantly replenished and do not run out. Renewable energy sources such as solar and wind will become an indispensable and important part of the power supply system.  Energy Storage Systems (ESS) help to integrate renewables into the grid, manage intermittency and at times, act as a backup power source during an outage. Acting as a battery to store renewable energy such as solar, it helps to enhance reliability of green and hybrid energy systems. Key Projects Seatrium Limited Formerly Sembcorp Marine A total of 8.5 megawatt-peak (MWp) of rooftop solar energy will be deployed at the yard. The generation, usage, and storage of solar energy will be managed and optimised by SP’s GET smart energy management system that incorporates Internet of Things (IoT), Artificial Intelligence (A.I.), sensors and advanced metering infrastructure to realise significant energy savings. Delivers up to 10,400 MWh of electricity Integrated solutions: Solar PVs, Green Energy Tech (GETTM) and Energy storage system Reduces carbon emissions by more than 4,200 tonnes annually Read more AIMS APAC REIT SP Group is partnering AIMS APAC REIT (AA REIT) to install rooftop solar PV system across six of AA REIT’s industrial, logistics and warehouse properties in Singapore. The 10.8 megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. AA REIT will receive all the renewable energy certificates (RECs) associated with the green solar energy generated by the combined rooftop solar PV system. These RECs can be used to offset carbon emissions by AA REIT as well as support its tenants in their emissions reduction efforts. Delivers up to 14,500 MWh of energy annually Avoids over 5,900 tonnes of carbon emissions annually Read more TKG Taekwang Vina SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam. Delivers up to 28,000 MWh of electricity annually Reduces carbon emissions by more than 22,000 tonnes annually Read more Vinamilk Vietnam's largest dairy production company SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms. Delivers up to 35,000 MWh of electricity annually Across 9 factories and 7 farms Reduces carbon emissions by more than 32,000 tonnes annually Read more CJ Vina Agri SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant.  Delivers up to 3,577 MWh of electricity annually Reduces carbon emissions by more than 3,500 tonnes annually Read more Additional Media The Business Times (2 Aug 2021): SP Group partners BCG Energy on solar project in Vietnam Media Release: SP Group and Nuriflex to install rooftop solar power for TKG Taekwang Vina Latest News Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/sp-unveils-blockchain-powered-renewable-energy-certificates-marketplace SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Unveils Blockchain-Powered Renewable Energy Certificates Marketplace INNOVATION SP Group presented one of the world’s first blockchain powered marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates of energy generated by renewable sources. The world-wide preview took place in Berlin on 19 April at Event Horizon, a global energy sector blockchain summit. This platform enables companies and individuals to trade RECs in a simple, secure and cost-effective manner. It helps corporates achieve their sustainability goals by ensuring that the electricity they consume comes from renewable sources. The platform will encourage a greater integration of renewable energy sources onto the electricity grid, by enabling “green conscious” homeowners to market their RECs easily and conveniently. — 27 June 2018 TAGS SUSTAINABILITYBLOCKCHAININNOVATION YOU MIGHT BE INTERESTED TO READ Using GET™ to help Mercatus digitally manage their tenant utilities SP Group is partnering Mercatus Co-operative Limited to deploy SP Digital’s Green Energy Tech (GET™) solutions to Mercatus’ properties. Developing the digital core of sustainable energy solutions From coding to designing systems, Ibrahim develops and manages all the central platforms and systems that power the SP Utilities app, commercial solutions, and internal projects for SP. SP Group awarded BCA grant to power next-gen green buildings SP Group (SP) was awarded a grant by the Building and Construction Authority (BCA) to develop and implement technologies and digital solutions to push the limits of buildings’ energy efficiency standards. Category: Innovation [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= News Release SP GROUP LAUNCHES ONE OF THE WORLD’S FIRST BLOCKCHAIN-POWERED TRADING OF RENEWABLE ENERGY CERTIFICATES • City Developments Limited and DBS Bank on board as first buyers of certificates • Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions 2 Annex A About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG 3 Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP group is a credited partner of I-REC Standard, an international recognized registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and P Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CD P and GHG protocol. Register your project to supply RECs Have a renewable project that is generating clean and green energy? From residential rooftop solar systems in Singapore to utility-scale wind and solar farms in the region, we are here to help optimise returns from each project and support the growth of renewable energy investments. Contact Us Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Renewable Energyhttps://www.spgroup.com.sg/sustainable-energy-solutions/renewable-energy OverviewKey ProjectsContact Us Renewable Energy Supporting Clean and Green Energy Transition From utility-scale to rooftop solar photovoltaic (PV) solutions, wind and energy storage systems, we integrate our renewable energy solutions with digital energy management technology to provide customers with a reliable, high yield and high-performing solution to drive their ambitious green growth strategy. Renewable Energy is energy produced from natural sources that are constantly replenished and do not run out. Renewable energy sources such as solar and wind will become an indispensable and important part of the power supply system.  Energy Storage Systems (ESS) help to integrate renewables into the grid, manage intermittency and at times, act as a backup power source during an outage. Acting as a battery to store renewable energy such as solar, it helps to enhance reliability of green and hybrid energy systems. Key Projects Seatrium Limited Formerly Sembcorp Marine A total of 8.5 megawatt-peak (MWp) of rooftop solar energy will be deployed at the yard. The generation, usage, and storage of solar energy will be managed and optimised by SP’s GET smart energy management system that incorporates Internet of Things (IoT), Artificial Intelligence (A.I.), sensors and advanced metering infrastructure to realise significant energy savings. Delivers up to 10,400 MWh of electricity Integrated solutions: Solar PVs, Green Energy Tech (GETTM) and Energy storage system Reduces carbon emissions by more than 4,200 tonnes annually Read more AIMS APAC REIT SP Group is partnering AIMS APAC REIT (AA REIT) to install rooftop solar PV system across six of AA REIT’s industrial, logistics and warehouse properties in Singapore. The 10.8 megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. AA REIT will receive all the renewable energy certificates (RECs) associated with the green solar energy generated by the combined rooftop solar PV system. These RECs can be used to offset carbon emissions by AA REIT as well as support its tenants in their emissions reduction efforts. Delivers up to 14,500 MWh of energy annually Avoids over 5,900 tonnes of carbon emissions annually Read more TKG Taekwang Vina SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam. Delivers up to 28,000 MWh of electricity annually Reduces carbon emissions by more than 22,000 tonnes annually Read more Vinamilk Vietnam's largest dairy production company SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms. Delivers up to 35,000 MWh of electricity annually Across 9 factories and 7 farms Reduces carbon emissions by more than 32,000 tonnes annually Read more CJ Vina Agri SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant.  Delivers up to 3,577 MWh of electricity annually Reduces carbon emissions by more than 3,500 tonnes annually Read more Additional Media The Business Times (2 Aug 2021): SP Group partners BCG Energy on solar project in Vietnam Media Release: SP Group and Nuriflex to install rooftop solar power for TKG Taekwang Vina Latest News Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= News Release SP GROUP LAUNCHES ONE OF THE WORLD’S FIRST BLOCKCHAIN-POWERED TRADING OF RENEWABLE ENERGY CERTIFICATES • City Developments Limited and DBS Bank on board as first buyers of certificates • Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions 2 Annex A About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG 3 Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Release SP GROUP AND I-REC HELP CORPORATES ACHIEVE GREEN TARGETS SP’s digital REC platform facilitates greater access to green energy Singapore, 31 October 2019 – SP Group (SP) is the first authorised local issuer of International Renewable Energy Certificates (I-RECs) in Asia Pacific Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/helping-corporates-achieve-their-green-targets SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Helping Corporates Achieve Their Green Targets INNOVATION Ms May Liew, Head of Sustainability & Open Innovation, SP Group (seated, left) and Mr Jared Braslawsky, Secretary General of the I-REC Standard Foundation (seated, right), signed Category: Innovation Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects The Business Times - SP Group unveils blockchain-powered green energy platformhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/34445b92-d9ba-4fc8-9690-0fdb608c5296/%5B20181030%5D+The+Business+Times+-+SP+Group+unveils+blockchain-powered+green+energy+platform.pdf?MOD=AJPERES&CVID= certificates (RECs). The move is expected to speed up the expansion of REC trades, which have gained traction here since the ratification of the Paris climate change accord in 2015. SP’s chief digital officer, Samuel Tan, said this new platform that is backed by blockchain technology, enables The Straits Times Home - Easier for small producers to sell 'green credits'https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/0d207c7f-7a74-4c3d-a9c8-d78f91372f56/%5B20181030%5D+The+Straits+Times+Home++-+Easier+for+small+producers+to+sell+'green+credits'.pdf?MOD=AJPERES&CVID= B2 HOME | THE STRAITS TIMES | TUESDAY, OCTOBER 30, 2018 | What is blockchain? What are renewable energy certificates (RECs)? And how will they both interact? SP Group is hoping blockchain marketplace will encourage wider use of renewable energy sources. WHAT IS BLOCKCHAIN? Imagine a digital ledger Sembcorp and SP Group to Collaborate on an Environmental Sustainability Platformhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Sembcorp-and-SP-Group-to-Collaborate-on-an-Environmental-Sustainability-Platform certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers [20180419] Media Release - SP Group Showcases Blockchain Platform For Renewable Energy Transactions With DBShttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/6ffa1ed2-8c40-4657-af26-958f97fa052d/%5B20180419%5D+Media+Release+-+SP+Group+Showcases+Blockchain+Platform+For+Renewable+Energy+Transactions+With+DBS.pdf?MOD=AJPERES&CVID= Media Release SP GROUP SHOWCASES BLOCKCHAIN PLATFORM FOR RENEWABLE ENERGY TRANSACTIONS WITH DBS Singapore, 19 April 2018 – In a world-wide debut, SP Group presented a blockchain marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants [20201027]+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/37f0f441-689f-4c88-90ac-37a24b47503e/%5B20201027%5D+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdf?MOD=AJPERES&CVID= certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from Category: Sustainability 1 2 3 4 5 Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP group is a credited partner of I-REC Standard, an international recognized registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and P Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CD P and GHG protocol. Register your project to supply RECs Have a renewable project that is generating clean and green energy? From residential rooftop solar systems in Singapore to utility-scale wind and solar farms in the region, we are here to help optimise returns from each project and support the growth of renewable energy investments. Contact Us Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Renewable Energyhttps://www.spgroup.com.sg/sustainable-energy-solutions/renewable-energy OverviewKey ProjectsContact Us Renewable Energy Supporting Clean and Green Energy Transition From utility-scale to rooftop solar photovoltaic (PV) solutions, wind and energy storage systems, we integrate our renewable energy solutions with digital energy management technology to provide customers with a reliable, high yield and high-performing solution to drive their ambitious green growth strategy. Renewable Energy is energy produced from natural sources that are constantly replenished and do not run out. Renewable energy sources such as solar and wind will become an indispensable and important part of the power supply system.  Energy Storage Systems (ESS) help to integrate renewables into the grid, manage intermittency and at times, act as a backup power source during an outage. Acting as a battery to store renewable energy such as solar, it helps to enhance reliability of green and hybrid energy systems. Key Projects Seatrium Limited Formerly Sembcorp Marine A total of 8.5 megawatt-peak (MWp) of rooftop solar energy will be deployed at the yard. The generation, usage, and storage of solar energy will be managed and optimised by SP’s GET smart energy management system that incorporates Internet of Things (IoT), Artificial Intelligence (A.I.), sensors and advanced metering infrastructure to realise significant energy savings. Delivers up to 10,400 MWh of electricity Integrated solutions: Solar PVs, Green Energy Tech (GETTM) and Energy storage system Reduces carbon emissions by more than 4,200 tonnes annually Read more AIMS APAC REIT SP Group is partnering AIMS APAC REIT (AA REIT) to install rooftop solar PV system across six of AA REIT’s industrial, logistics and warehouse properties in Singapore. The 10.8 megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. AA REIT will receive all the renewable energy certificates (RECs) associated with the green solar energy generated by the combined rooftop solar PV system. These RECs can be used to offset carbon emissions by AA REIT as well as support its tenants in their emissions reduction efforts. Delivers up to 14,500 MWh of energy annually Avoids over 5,900 tonnes of carbon emissions annually Read more TKG Taekwang Vina SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam. Delivers up to 28,000 MWh of electricity annually Reduces carbon emissions by more than 22,000 tonnes annually Read more Vinamilk Vietnam's largest dairy production company SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms. Delivers up to 35,000 MWh of electricity annually Across 9 factories and 7 farms Reduces carbon emissions by more than 32,000 tonnes annually Read more CJ Vina Agri SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant.  Delivers up to 3,577 MWh of electricity annually Reduces carbon emissions by more than 3,500 tonnes annually Read more Additional Media The Business Times (2 Aug 2021): SP Group partners BCG Energy on solar project in Vietnam Media Release: SP Group and Nuriflex to install rooftop solar power for TKG Taekwang Vina Latest News Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP group is a credited partner of I-REC Standard, an international recognized registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and P Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CD P and GHG protocol. Register your project to supply RECs Have a renewable project that is generating clean and green energy? From residential rooftop solar systems in Singapore to utility-scale wind and solar farms in the region, we are here to help optimise returns from each project and support the growth of renewable energy investments. Contact Us Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Renewable Energyhttps://www.spgroup.com.sg/sustainable-energy-solutions/renewable-energy OverviewKey ProjectsContact Us Renewable Energy Supporting Clean and Green Energy Transition From utility-scale to rooftop solar photovoltaic (PV) solutions, wind and energy storage systems, we integrate our renewable energy solutions with digital energy management technology to provide customers with a reliable, high yield and high-performing solution to drive their ambitious green growth strategy. Renewable Energy is energy produced from natural sources that are constantly replenished and do not run out. Renewable energy sources such as solar and wind will become an indispensable and important part of the power supply system.  Energy Storage Systems (ESS) help to integrate renewables into the grid, manage intermittency and at times, act as a backup power source during an outage. Acting as a battery to store renewable energy such as solar, it helps to enhance reliability of green and hybrid energy systems. Key Projects Seatrium Limited Formerly Sembcorp Marine A total of 8.5 megawatt-peak (MWp) of rooftop solar energy will be deployed at the yard. The generation, usage, and storage of solar energy will be managed and optimised by SP’s GET smart energy management system that incorporates Internet of Things (IoT), Artificial Intelligence (A.I.), sensors and advanced metering infrastructure to realise significant energy savings. Delivers up to 10,400 MWh of electricity Integrated solutions: Solar PVs, Green Energy Tech (GETTM) and Energy storage system Reduces carbon emissions by more than 4,200 tonnes annually Read more AIMS APAC REIT SP Group is partnering AIMS APAC REIT (AA REIT) to install rooftop solar PV system across six of AA REIT’s industrial, logistics and warehouse properties in Singapore. The 10.8 megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. AA REIT will receive all the renewable energy certificates (RECs) associated with the green solar energy generated by the combined rooftop solar PV system. These RECs can be used to offset carbon emissions by AA REIT as well as support its tenants in their emissions reduction efforts. Delivers up to 14,500 MWh of energy annually Avoids over 5,900 tonnes of carbon emissions annually Read more TKG Taekwang Vina SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam. Delivers up to 28,000 MWh of electricity annually Reduces carbon emissions by more than 22,000 tonnes annually Read more Vinamilk Vietnam's largest dairy production company SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms. Delivers up to 35,000 MWh of electricity annually Across 9 factories and 7 farms Reduces carbon emissions by more than 32,000 tonnes annually Read more CJ Vina Agri SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant.  Delivers up to 3,577 MWh of electricity annually Reduces carbon emissions by more than 3,500 tonnes annually Read more Additional Media The Business Times (2 Aug 2021): SP Group partners BCG Energy on solar project in Vietnam Media Release: SP Group and Nuriflex to install rooftop solar power for TKG Taekwang Vina Latest News Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/sp-unveils-blockchain-powered-renewable-energy-certificates-marketplace SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Unveils Blockchain-Powered Renewable Energy Certificates Marketplace INNOVATION SP Group presented one of the world’s first blockchain powered marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates of energy generated by renewable sources. The world-wide preview took place in Berlin on 19 April at Event Horizon, a global energy sector blockchain summit. This platform enables companies and individuals to trade RECs in a simple, secure and cost-effective manner. It helps corporates achieve their sustainability goals by ensuring that the electricity they consume comes from renewable sources. The platform will encourage a greater integration of renewable energy sources onto the electricity grid, by enabling “green conscious” homeowners to market their RECs easily and conveniently. — 27 June 2018 TAGS SUSTAINABILITYBLOCKCHAININNOVATION YOU MIGHT BE INTERESTED TO READ Using GET™ to help Mercatus digitally manage their tenant utilities SP Group is partnering Mercatus Co-operative Limited to deploy SP Digital’s Green Energy Tech (GET™) solutions to Mercatus’ properties. Developing the digital core of sustainable energy solutions From coding to designing systems, Ibrahim develops and manages all the central platforms and systems that power the SP Utilities app, commercial solutions, and internal projects for SP. SP Group awarded BCA grant to power next-gen green buildings SP Group (SP) was awarded a grant by the Building and Construction Authority (BCA) to develop and implement technologies and digital solutions to push the limits of buildings’ energy efficiency standards. Category: Innovation [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= News Release SP GROUP LAUNCHES ONE OF THE WORLD’S FIRST BLOCKCHAIN-POWERED TRADING OF RENEWABLE ENERGY CERTIFICATES • City Developments Limited and DBS Bank on board as first buyers of certificates • Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions 2 Annex A About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG 3 Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP group is a credited partner of I-REC Standard, an international recognized registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and P Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CD P and GHG protocol. Register your project to supply RECs Have a renewable project that is generating clean and green energy? From residential rooftop solar systems in Singapore to utility-scale wind and solar farms in the region, we are here to help optimise returns from each project and support the growth of renewable energy investments. Contact Us Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Renewable Energyhttps://www.spgroup.com.sg/sustainable-energy-solutions/renewable-energy OverviewKey ProjectsContact Us Renewable Energy Supporting Clean and Green Energy Transition From utility-scale to rooftop solar photovoltaic (PV) solutions, wind and energy storage systems, we integrate our renewable energy solutions with digital energy management technology to provide customers with a reliable, high yield and high-performing solution to drive their ambitious green growth strategy. Renewable Energy is energy produced from natural sources that are constantly replenished and do not run out. Renewable energy sources such as solar and wind will become an indispensable and important part of the power supply system.  Energy Storage Systems (ESS) help to integrate renewables into the grid, manage intermittency and at times, act as a backup power source during an outage. Acting as a battery to store renewable energy such as solar, it helps to enhance reliability of green and hybrid energy systems. Key Projects Seatrium Limited Formerly Sembcorp Marine A total of 8.5 megawatt-peak (MWp) of rooftop solar energy will be deployed at the yard. The generation, usage, and storage of solar energy will be managed and optimised by SP’s GET smart energy management system that incorporates Internet of Things (IoT), Artificial Intelligence (A.I.), sensors and advanced metering infrastructure to realise significant energy savings. Delivers up to 10,400 MWh of electricity Integrated solutions: Solar PVs, Green Energy Tech (GETTM) and Energy storage system Reduces carbon emissions by more than 4,200 tonnes annually Read more AIMS APAC REIT SP Group is partnering AIMS APAC REIT (AA REIT) to install rooftop solar PV system across six of AA REIT’s industrial, logistics and warehouse properties in Singapore. The 10.8 megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. AA REIT will receive all the renewable energy certificates (RECs) associated with the green solar energy generated by the combined rooftop solar PV system. These RECs can be used to offset carbon emissions by AA REIT as well as support its tenants in their emissions reduction efforts. Delivers up to 14,500 MWh of energy annually Avoids over 5,900 tonnes of carbon emissions annually Read more TKG Taekwang Vina SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam. Delivers up to 28,000 MWh of electricity annually Reduces carbon emissions by more than 22,000 tonnes annually Read more Vinamilk Vietnam's largest dairy production company SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms. Delivers up to 35,000 MWh of electricity annually Across 9 factories and 7 farms Reduces carbon emissions by more than 32,000 tonnes annually Read more CJ Vina Agri SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant.  Delivers up to 3,577 MWh of electricity annually Reduces carbon emissions by more than 3,500 tonnes annually Read more Additional Media The Business Times (2 Aug 2021): SP Group partners BCG Energy on solar project in Vietnam Media Release: SP Group and Nuriflex to install rooftop solar power for TKG Taekwang Vina Latest News Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/sp-unveils-blockchain-powered-renewable-energy-certificates-marketplace SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Unveils Blockchain-Powered Renewable Energy Certificates Marketplace INNOVATION SP Group presented one of the world’s first blockchain powered marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates of energy generated by renewable sources. The world-wide preview took place in Berlin on 19 April at Event Horizon, a global energy sector blockchain summit. This platform enables companies and individuals to trade RECs in a simple, secure and cost-effective manner. It helps corporates achieve their sustainability goals by ensuring that the electricity they consume comes from renewable sources. The platform will encourage a greater integration of renewable energy sources onto the electricity grid, by enabling “green conscious” homeowners to market their RECs easily and conveniently. — 27 June 2018 TAGS SUSTAINABILITYBLOCKCHAININNOVATION YOU MIGHT BE INTERESTED TO READ Using GET™ to help Mercatus digitally manage their tenant utilities SP Group is partnering Mercatus Co-operative Limited to deploy SP Digital’s Green Energy Tech (GET™) solutions to Mercatus’ properties. Developing the digital core of sustainable energy solutions From coding to designing systems, Ibrahim develops and manages all the central platforms and systems that power the SP Utilities app, commercial solutions, and internal projects for SP. SP Group awarded BCA grant to power next-gen green buildings SP Group (SP) was awarded a grant by the Building and Construction Authority (BCA) to develop and implement technologies and digital solutions to push the limits of buildings’ energy efficiency standards. Category: Innovation Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Release SP GROUP AND I-REC HELP CORPORATES ACHIEVE GREEN TARGETS SP’s digital REC platform facilitates greater access to green energy Singapore, 31 October 2019 – SP Group (SP) is the first authorised local issuer of International Renewable Energy Certificates (I-RECs) in Asia Pacific Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/helping-corporates-achieve-their-green-targets SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Helping Corporates Achieve Their Green Targets INNOVATION Ms May Liew, Head of Sustainability & Open Innovation, SP Group (seated, left) and Mr Jared Braslawsky, Secretary General of the I-REC Standard Foundation (seated, right), signed Category: Innovation Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media The Business Times - SP Group unveils blockchain-powered green energy platformhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/34445b92-d9ba-4fc8-9690-0fdb608c5296/%5B20181030%5D+The+Business+Times+-+SP+Group+unveils+blockchain-powered+green+energy+platform.pdf?MOD=AJPERES&CVID= certificates (RECs). The move is expected to speed up the expansion of REC trades, which have gained traction here since the ratification of the Paris climate change accord in 2015. SP’s chief digital officer, Samuel Tan, said this new platform that is backed by blockchain technology, enables Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects The Straits Times Home - Easier for small producers to sell 'green credits'https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/0d207c7f-7a74-4c3d-a9c8-d78f91372f56/%5B20181030%5D+The+Straits+Times+Home++-+Easier+for+small+producers+to+sell+'green+credits'.pdf?MOD=AJPERES&CVID= B2 HOME | THE STRAITS TIMES | TUESDAY, OCTOBER 30, 2018 | What is blockchain? What are renewable energy certificates (RECs)? And how will they both interact? SP Group is hoping blockchain marketplace will encourage wider use of renewable energy sources. WHAT IS BLOCKCHAIN? Imagine a digital ledger Sembcorp and SP Group to Collaborate on an Environmental Sustainability Platformhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Sembcorp-and-SP-Group-to-Collaborate-on-an-Environmental-Sustainability-Platform certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers [20180419] Media Release - SP Group Showcases Blockchain Platform For Renewable Energy Transactions With DBShttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/6ffa1ed2-8c40-4657-af26-958f97fa052d/%5B20180419%5D+Media+Release+-+SP+Group+Showcases+Blockchain+Platform+For+Renewable+Energy+Transactions+With+DBS.pdf?MOD=AJPERES&CVID= Media Release SP GROUP SHOWCASES BLOCKCHAIN PLATFORM FOR RENEWABLE ENERGY TRANSACTIONS WITH DBS Singapore, 19 April 2018 – In a world-wide debut, SP Group presented a blockchain marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants [20201027]+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/37f0f441-689f-4c88-90ac-37a24b47503e/%5B20201027%5D+Media+Release+-+Sembcorp+and+SP+Group+to+Collaborate+on+an+Environmental+Sustainability+Platform.pdf?MOD=AJPERES&CVID= certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from Category: Sustainability 1 2 3 4 5 Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificateshttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP group is a credited partner of I-REC Standard, an international recognized registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and P Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CD P and GHG protocol. Register your project to supply RECs Have a renewable project that is generating clean and green energy? From residential rooftop solar systems in Singapore to utility-scale wind and solar farms in the region, we are here to help optimise returns from each project and support the growth of renewable energy investments. Contact Us Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Renewable Energyhttps://www.spgroup.com.sg/sustainable-energy-solutions/renewable-energy OverviewKey ProjectsContact Us Renewable Energy Supporting Clean and Green Energy Transition From utility-scale to rooftop solar photovoltaic (PV) solutions, wind and energy storage systems, we integrate our renewable energy solutions with digital energy management technology to provide customers with a reliable, high yield and high-performing solution to drive their ambitious green growth strategy. Renewable Energy is energy produced from natural sources that are constantly replenished and do not run out. Renewable energy sources such as solar and wind will become an indispensable and important part of the power supply system.  Energy Storage Systems (ESS) help to integrate renewables into the grid, manage intermittency and at times, act as a backup power source during an outage. Acting as a battery to store renewable energy such as solar, it helps to enhance reliability of green and hybrid energy systems. Key Projects Seatrium Limited Formerly Sembcorp Marine A total of 8.5 megawatt-peak (MWp) of rooftop solar energy will be deployed at the yard. The generation, usage, and storage of solar energy will be managed and optimised by SP’s GET smart energy management system that incorporates Internet of Things (IoT), Artificial Intelligence (A.I.), sensors and advanced metering infrastructure to realise significant energy savings. Delivers up to 10,400 MWh of electricity Integrated solutions: Solar PVs, Green Energy Tech (GETTM) and Energy storage system Reduces carbon emissions by more than 4,200 tonnes annually Read more AIMS APAC REIT SP Group is partnering AIMS APAC REIT (AA REIT) to install rooftop solar PV system across six of AA REIT’s industrial, logistics and warehouse properties in Singapore. The 10.8 megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. AA REIT will receive all the renewable energy certificates (RECs) associated with the green solar energy generated by the combined rooftop solar PV system. These RECs can be used to offset carbon emissions by AA REIT as well as support its tenants in their emissions reduction efforts. Delivers up to 14,500 MWh of energy annually Avoids over 5,900 tonnes of carbon emissions annually Read more TKG Taekwang Vina SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam. Delivers up to 28,000 MWh of electricity annually Reduces carbon emissions by more than 22,000 tonnes annually Read more Vinamilk Vietnam's largest dairy production company SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms. Delivers up to 35,000 MWh of electricity annually Across 9 factories and 7 farms Reduces carbon emissions by more than 32,000 tonnes annually Read more CJ Vina Agri SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant.  Delivers up to 3,577 MWh of electricity annually Reduces carbon emissions by more than 3,500 tonnes annually Read more Additional Media The Business Times (2 Aug 2021): SP Group partners BCG Energy on solar project in Vietnam Media Release: SP Group and Nuriflex to install rooftop solar power for TKG Taekwang Vina Latest News Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Integrated Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= News Release SP GROUP LAUNCHES ONE OF THE WORLD’S FIRST BLOCKCHAIN-POWERED TRADING OF RENEWABLE ENERGY CERTIFICATES • City Developments Limited and DBS Bank on board as first buyers of certificates • Enables local and international organisations – regardless of size,