Singapore Sustainable Finance Association

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The Cement Criteria and the Green Cement label under the Singapore Green Label Scheme are not equivalent.

The Singapore Green Label Scheme applies to individual products; it allows certified products to earn points toward a project’s Green Mark rating. Products with higher ratings under the SGBP Scheme contribute more points to the Green Mark certification of the building project.

On the other hand, the Cement Criteria focus on cement production facilities. Section 7.3 on Do No Significant Harm (DNSH) Assessment acknowledges the integration of recycled concrete aggregates (RCA) in cement manufacturing. Facilities must meet specified emission intensity thresholds within a defined timeframe, aligned with the 1.5°C decarbonization pathway. Achieving these targets requires bundling RCA with additional deep decarbonization measures, as RCA alone may be insufficient.

[Updated in Dec 2025]

General Membership Approval Criteria

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

General Members’ Categories

FI Partners

  • Financial Services
  • Financial Regulators
  • Financial Sector Industry Bodies, Networks, Platforms & Associations

Industry Partners

  • Non-financial Sector Corporates
  • Non-financial Sector Industry Bodies, Networks, Platforms & Associations
  • Government Agencies

Knowledge Partners

  • Academia/IHLs*
  • Consulting and Advisory Services
  • Data Providers
  • International Organisations*
  • Multilateral Development Banks (MDBs)*
  • NGOs*

*Non-fee paying, by invitation only