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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=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=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://w
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 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 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 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 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 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=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 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 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 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 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 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 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=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=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 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 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 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 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 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 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 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 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 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=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 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=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 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 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 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=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 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=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 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 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 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=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 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 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 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 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 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 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 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 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 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 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 pur
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 SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment
Category: Sustainability
Singapore-Power-Limited-Green-Financing-Framework.pdfhttps://www.spgroup.com.sg/dam/spgroup/pdf/about-us/investor-relations/overview/Singapore-Power-Limited-Green-Financing-Framework.pdf
Green Financing Framework 15 th December 2023 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 utilities group in Asia Pacific, with total assets and RDA debit balances of S$20.5 billion as of March 31, 2023 and S$1.0 billion of net profit for the financial year ended March 31, 2023 1 . SP Group owns and operates electricity and gas transmission and distribution businesses and a market support services business in Singapore, and holds 40% interest in SGSP (Australia) Assets Pty Ltd, an Australian company which is engaged in the transmission and distribution of electricity and gas in Australia. SP Group is also deploying sustainable energy solutions regionally, including but not limited to energy efficiency projects, renewable projects and provision of Energy as a Service via a host of energy solutions to enable different customer segments to achieve their sustainability objectives. As of March 31, 2023, SP Group’s Electricity T&D Business, Gas T&D Business and Market Support Services Business serve more than 1.7 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. 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. We anchor our sustainability strategy around two United Nation’s Sustainable Development Goals (SDG), namely SDG 7 – to ensure access to reliable, sustainable and modern energy for all and SDG 9 – to build resilient infrastructure, promote sustainable industrialisation and foster innovation. As a group, we support the Singapore Green Plan to build a resilient future by empowering the future of energy with low-carbon, smart-energy solutions for our customers. With the energy industry rapidly evolving, we play an essential role in clean energy transition. To enable this transition, we recognise that 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. Hence, we have defined three material topics and our approach for our business: (a) Maintaining world class grid reliability in a distributed energy landscape (b) becoming the leading sustainable energy solutions player in Asia Pacific and (c) empowering customers to achieve their sustainability objectives. 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 3 SP Group has established a Strategy 2030, a 10-year roadmap that guides us towards creating a low carbon, smart energy Singapore and becoming the leading sustainable energy solution player. 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, the Company 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 60,000 electric vehicle charging points by 2030 and to phase out internal combustion engine vehicles by 2040 2 . As part of our Strategy 2030, energy efficiency and investments in renewables are critical in reducing our carbon footprint. In the energy efficiency space, 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 that is piped to commercial buildings, thereby reaping benefits of economies of scale. An example is Marina Bay area in Singapore, where SP Group owns and operates one of the world’s largest underground district cooling network with connected buildings enjoying up to 40% energy savings3. 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 operated 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 airconditioning use in the past two decades which is led by China, where energy demand for space cooling has grown at an average of 13% per year 3 , the district cooling and heating solutions provided by SP Group can make a difference in mitigating greenhouse gas emissions. Investments in renewables is also key in achieving decarbonisation targets. To support the solar renewables target of 2GWp by 2030 under Singapore Green Plan 2030, SP Group is helping its commercial and industrial customers such as the likes of AIMS APAC REIT Management and Seatrium to install solar photovoltaic systems across their premises. Regionally, we have also expanded our renewables presence into Vietnam and China. In Vietnam, for example, the group completed its first acquisition of two solar farms with combined capacity of 100MWp in Phu Yen province. 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. 2 https://www.greenplan.gov.sg/targets/ 3 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 the Company, 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 2021 4 (“GBP”); - ASEAN Capital Markets Forum (“ACMF”) ASEAN Green Bond Standards 2018 5 (“GBS”); - Loan Market Association (“LMA”), Loan Syndications and Trading Association (“LSTA”) and Asia Pacific Loan Market Association (“APLMA”) Green Loan Principles 2023 6 (“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 bond transactions, SP Group will limit the ‘look back’ period for re-financing of Eligible Projects to 36 months from the date of the transaction. For bank credit facilities (including but not limited to loan, banker guarantee and standby letter of credit) or any other green financing instruments, SP Group will set out the ‘look back’ period for re-financing of Eligible Projects, if applicable, on a transaction-by-transaction basis based on the individual bank’s requirement. 4 https://www.icmagroup.org/sustainable-finance/the-principles-guidelines-and-handbooks/green-bondprinciples-gbp/ 5 https://www.theacmf.org/initiatives/sustainable-finance/asean-green-bondstandards#:~:text=The%20ASEAN%20Green%20Bonds%20Standards,green%20finance%20for%20the%20regio n. 6 https://www.lsta.org/content/green-loan-principles/ 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, where the average system grid emissions factor is below the threshold value of 100gCO2e/kWh 1.3. Energy storage systems 1. Acquisition, construction, development, operation, renovation and/or maintenance of certified Green Buildings, such as BCA Green Mark (GoldPlus 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 (power density greater than 5W/m2 or below 100g CO2/kwh) 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) 7 shall be excluded from this Framework. 7 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 During annual review of outstanding Green Financing Instruments, 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 the life of any Green Financing Instrument, should any validated Eligible Projects mature, these will be replaced with an equivalent value of new Eligible Projects 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 in the course of 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 with connected buildings enjoying 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 Bond and within one year from the first drawdown of green loan 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 DNV Business Assurance Singapore Pte. Ltd. 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 updated Green Financing Framework has been developed with thanks to: 10
SP Group secures S$650 Million Green Loan to finance Super Low-Energy Labrador Tower Developmenthttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Secures-S-650-Million-Green-Loan-To-Finance-Super-Low-Energy-Labrador-Tower-Development
Media Release SP Group secures S$650 Million Green Loan to finance Super Low-Energy Labrador Tower Development Singapore, 11 January 2024 – SP Group (SP) announced that it has secured a S$650 million committed green loan facility from Bank of China, DBS Bank, Maybank Singapore, OCBC and UOB in December 2023. This is SP’s largest green loan secured and will be aligned to SP’s updated Green Financing Framework. The loan will be used to finance and/or refinance loans relating to the construction, development, ongoing operations and maintenance of SP’s upcoming Labrador Tower development. Labrador Tower is a Building and Construction Authority (BCA) certified Green Mark Super Low Energy (GM SLE) building that comprises a Grade A office block and retail space. The development incorporates SP’s suite of digital and sustainable energy solutions – including Green Energy Technology (GET™) that uses artificial intelligence and Internet of Things (IOT) to manage and reduce energy consumption), sustainable cooling and thermal energy storage, solar panels and EV charging facilities. When it is completed in mid-2024, it would be one of the first commercial buildings in Singapore to operate under the GM SLE category and is expected to achieve at least 40 per cent energy savings based on BCA’s prevailing building code. Labrador Tower is located above another sustainable energy infrastructure developed by SP Group – a large-scale underground 230kV electricity substation that optimises land space in Singapore. As part of SP’s ongoing commitment towards a low-carbon future, the company also refined its Green Financing Framework to reflect SP’s latest sustainability roadmap. The enhanced Framework will deepen the integration of SP’s sustainability roadmap into its financing strategy and provide greater visibility of how SP aims to create positive environmental impact and empower a low-carbon, smart energy future for Singapore and the region. The Framework was found to be credible and aligned to the latest relevant international principles and guidelines[1] by DNV Business Assurance Singapore Pte. Ltd (“DNV”), who was appointed to provide a second party opinion on the updated Framework. One of the revisions include tightening of the eligibility criteria for green buildings to minimally achieve the BCA Green Mark GoldPlus Certification, or equivalent standards, to be considered for green financing. Chief Financial Officer of SP Group, Ms Loong Hui Chee, said, “Green financing is integral to SP Group’s strategy in empowering a clean energy future for Singapore and across our key markets. We are pleased to secure our largest green loan to date for our upcoming super low-energy Labrador Tower development through the partnership of our environmentally-focused financers – Bank of China, DBS Bank, Maybank Singapore, OCBC and UOB. Advanced under our Green Financing Framework, this strengthens the sustainability credentials of Labrador Tower and positions the development as one of the most energy-efficient commercial buildings in Singapore and across the region.” More information on SP’s enhanced Green Financing Framework can be accessed at https://spgrp.sg/GreenFinancingFramewok and the second party opinion by DNV can be accessed at https://spgrp.sg/DNV-Opinion. 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, as well as sustainable energy solutions in Singapore, China, Thailand and Vietnam. 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 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 stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at spgrp.sg/facebook, LinkedIn at spgrp.sg/linkedin and Instagram at spgrp.sg/Instagram. ANNEX A: Quotes from our Bank Partners “Bank of China is pleased to support the SP Group’s updated Green Financing Framework through this green loan facility for Labrador Tower. It is testament to Bank of China’s commitment to global sustainable development, and is aligned with our green finance policy system and our goal to be the bank of choice for green finance services.” Yuan Zhizhong, Deputy Country Manager, Bank of China Limited, Singapore Branch “The upcoming Labrador Tower development is a stride towards a more sustainable urban landscape and a demonstration of how finance and technology can be applied in novel ways to improve energy efficiency and drive real world impact. DBS is committed to supporting initiatives that contribute to a greener and more sustainable future, and we are proud to be making a contribution to the broader transition towards a more environmentally conscious and resilient economy.” Lim Wee Seng, Group Head of Energy, Renewables and Infrastructure, Institutional Banking Group, DBS Bank “Greening the built environment is a critical part of Singapore’s Green Plan to achieve net zero emission targets by 2050. Towards this, SP's Labrador Tower is poised to establish a new benchmark for best-in-class green properties in the country as well as the region. We look forward to further partnerships with SP on their sustainable financing needs, driven by our shared commitment for a low-carbon future, aligning with Maybank’s sustainability aspirations in ASEAN.” Gregory Seow, Head of Global Banking, Maybank Singapore “We are pleased to support our long-time customer SP Group in their pursuit of a low-carbon future. Labrador Tower is a landmark development that stands out with its extensive green and energy-efficient features, accredited with a BCA Green Mark Super Low Energy Building Certification. Once completed in 2024, it will be one of the first commercial buildings in Singapore to operate under the GM SLE category, attesting to SP Group's dedication to sustainability. We are glad to contribute to the financing of this development, and we look forward to partnering SP Group on more sustainable finance deals in future.” Elaine Lam, Head of Global Corporate Banking, OCBC “UOB is pleased to return as one of SP’s choice financing partners, following the provision of its inaugural green loan in 2021. Our commitment to make ESG a mainstream focus is evident, with a strong 67 per cent growth in sustainable finance portfolio to $38 billion as of end September 2023. As the One Bank for ASEAN, we are well positioned to work with SP and like-minded businesses to build a resilient and sustainable future for the region.” Leong Yung Chee, Head of Group Corporate Banking, UOB 1Green Bond Principles 2021 by the International Capital Market Association; Green Loan Principles 2023 by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications and Trading Association; ASEAN Green Bond Standards 2018 by the ASEAN Capital Markets Forum.
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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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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 inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment 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
[20210616]+Joint+Media+Release+-+SP+Group+awarded+BCA+grant+to+empower+greener+buildings.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/7f54c6a2-25ab-46ee-bfeb-3296ef99d674/%5B20210616%5D+Joint+Media+Release+-+SP+Group+awarded+BCA+grant+to+empower+greener+buildings.pdf?MOD=AJPERES&CVID=
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
SP Group awarded BCA grant to empower greener buildingshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-awarded-BCA-grant-to-empower-greener-buildings
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.
Searchhttps://www.spgroup.com.sg/search?tag=recs
Search SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-And-I-REC-Help-Corporates-Achieve-Green-Targets 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 [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 Searchhttps://www.spgroup.com.sg/search?tag=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 Searchhttps://www.spgroup.com.sg/search?tag=recs Search Searchhttps://www.spgroup.com.sg/search?tag=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 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 The Business Times - SP Group unveils blockchain-powered green energy platformhttps://www.spgroup.com.sg/dam/jcr:d00888e7-25a9-4299-923e-d951726744f9 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/jcr:2b3a39cb-21ae-45fb-ad23-3c9efd862078 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 Certificates | SP Grouphttps://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 1 2 3 4 5
Singapore+Power+Limited+Green+Financing+Framework+Second-Party+Opinion.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/eb4f7609-4873-4b99-8052-57973ced3aa0/Singapore+Power+Limited+Green+Financing+Framework+Second-Party+Opinion.pdf?MOD=AJPERES
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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Singapore+Power+Limited+Green+Financing+Framework.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/891088b4-e225-431f-8eea-17d1b2a73779/Singapore+Power+Limited+Green+Financing+Framework.pdf?MOD=AJPERES&attachment=true&id=1619200685180
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
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