Award Categories

Green Finance
Green Supply Chain
Green Buildings
Green Transport
Green Innovations
Regional
 

Award Category Definitions

Green Finance

  • We refer to banks or financial institutions that offer financial products and services structured to produce a positive environmental or ESG outcome. This may be demonstrated in the form of sustainability-linked loans, debt mechanisms and/or investments that are used to encourage the development of green projects; banks or financial institutions that demonstrate the best use of green financing to transform their businesses or minimize the organization’s impact on the climate and society (e.g. addressing scopes 1, 2 and/or 3 of GHG emissions).
  • This also includes companies/ businesses/ enterprises who are using the sustainable finance/ green loans/ etc. offered by the banks to develop sustainable business outcomes. For these types of applicants, please note that your entries may also be entered by Green Innovation.

Green Supply Chain

  • We refer to all entities/ organizations that have put in place sustainable procurement initiatives with the aim to improve overall ESG or environmental performance and avoid negative impacts within the processes and products of the supply chain. This also includes industries from logistics, manufacturing, and construction to name a few. ESG efforts should be demonstrated by the successful integration of environmentally responsible principles and benchmarks applicable to supply chain management, accounting for impacts on the product design, material sourcing and end-of-life product management among others.

Green Buildings

  • We refer to any retail shop, hotels, attractions, property developers and/or malls that promote ESG initiatives in their business operations and demonstrate how it benefits the stakeholders within their value chain. This could also be demonstrated in their sustainability practices to address scopes 1, 2 and/or 3 of GHG emissions and recognize operational opportunities for improvement.

Green Transport

  • We refer to any organization in maritime, aviation, land and similar others that have integrated ESG or sustainable technology, development and/or infrastructure to provide or adopt “cleaner” modes of transportation and promote energy efficiency. This should be demonstrated by achieving a positive impact on the environment and for the people.

Green Innovations

  • We refer to any organization which has created and/or adopted innovative products, services or processes with a positive environmental impact or has reduced the organization’s negative environmental impact. Products, services and processes adopted need not be patented but the organization should display how these innovations are an improvement from the status quo.

Regional

  • We refer to any local or foreign registered organization with their main operations, sales and environmental activities in countries outside of Singapore, within the Asia Pacific Region (E.g. ASEAN, China, Japan, South Korea, Australia, etc.)

Outstanding Achievement Awards

  • We refer to the highest scoring organization on the three (3) base criteria (systems and management, performance, and leadership and advocacy) among the winners of the other six (6) categories.