Singapore Sustainable Finance Association

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For steel, we understand that the SAT criteria are aligned with the CBI criteria. The CBI distinguishes between criteria for new and existing steel plants based on a 2022 cutoff, but the SAT does not seem to take the same approach. Could SAT provide clarification on this?

Yes, the methodologies for SAT are based on CBI, and it is also mentioned to have a reduction in impact percentage between 2022 and 2030 by decarbonisation efforts.

[Updated in Dec 2025]

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Prioritise organisations with a defined approach to sustainable finance and have demonstrated thought leadership

Domain expertise in areas that are of strategic importance to SSFA

Prioritise corporates from sectors that are critical for Singapore’s decarbonisation

Ability and capacity to contribute to SSFA’s activities – workstreams and events

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