Singapore Sustainable Finance Association

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To effectively track and evidence the use of batteries, the source of energy (whether from the grid or otherwise), and end-of-life circularity, we recommend a comprehensive approach that encompasses the entire battery value chain. This includes:

  • Embedded Emissions: Assessing the GHG emissions associated with the production and operation of the batteries, including raw material extraction, manufacturing processes, and transportation.
  • Application-Specific Analysis: Identifying the specific applications of the batteries, such as electric vehicle (EV) use, battery storage for solar energy, or battery energy storage systems (BESS) for wind energy. Each application can have different Variable Renewable Energy (VRE) factors, which will influence the overall GHG reduction potential.
  • Monitoring and Reporting: Implementing robust monitoring systems to track the energy source used during the battery’s operational phase and the emissions associated with that energy. This will help estimate the GHG reductions achieved through battery use.

[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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FI Partners

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

Industry Partners

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  • 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