Singapore Sustainable Finance Association

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Under TSC 4.7, Manufacture of Batteries, it states that batteries must achieve “substantial GHG emission reductions”.

Additional question: What is the definition of “substantial”?

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The definition of “substantial” under TSC 4.7 Manufacture of Batteries refers to a significant and measurable reduction in greenhouse gas emissions compared to a baseline scenario. While a precise numerical threshold may vary depending on the specific application and context, it generally implies a positive impact on the environment that is meaningful enough to contribute to the environmental objectives of the SAT.

[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

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