SINGAPORE, 12 November 2025 –
ESGpedia has partnered OCBC on its OCBC SME Start-ESG Programme, to offer its SME clients a simple, cost-effective, and reliable platform to measure their greenhouse gas (GHG) emissions. This is a baseline requirement for SMEs to attain sustainability-linked financing from OCBC.
Launched by OCBC and Enterprise Singapore (EnterpriseSG) on 12 February 2025, the OCBC SME Start-ESG Programme aims to enable 300 SMEs over the next three years to progress on their sustainability journeys by providing them with tools to enhance their sustainability performance and remain competitive in meeting the sustainability criteria required by large corporate customers.
The ESGpedia platform is one of the tools offered under this Programme, which SMEs can utilise to understand and measure their GHG emissions footprint. Through a structured and simple workflow, SMEs can easily calculate their GHG emissions in accordance with the ISO14064 standard through the platform. This data enables SMEs to meet growing disclosure requirements from buyers, supply chains and regulators, while supporting access to SLLs.
ESGpedia’s market presence in Asia and how the platform powers key regional initiatives, including the United Nations ESCAP Sustainable Business Network (ESBN) Asia-Pacific Green Deal digital assessment, is a key differentiator. Participating SMEs can obtain a complimentary ESBN Green Deal badge – in Green, Silver, or Gold – as a recognition of their sustainability commitment and progress.
They were able to gain enhanced data insights into their GHG emissions, credibly demonstrate their commitment to sustainability to their stakeholders, and attain the necessary SLLs from OCBC to fund their sustainability transition and initiatives.
Velocity Stone, a player in the construction industry specialised in marble and granite trade, and Ollo Lifestyle International Pte Ltd, a laundry and drycleaning service provider which services leading international hotel chains, are amongst the SMEs under the OCBC SME Start-ESG Programme.
Through OCBC’s recommendation, both Velocity Stone and Ollo performed their ESG self-assessment including emissions measurement on the ESGpedia platform. Using the verified emissions from ESGpedia, OCBC structured SLLs to SMEs to fund their sustainability related initiatives.
Andy Yeo, Managing Director at Velocity Stone, said: ”Through the OCBC SME Start-ESG programme, we were able to credibly establish our baseline emissions as the first step towards attaining a Sustainability-Linked Loan from OCBC. The enhanced insights into our GHG emissions also helped us identify areas to implement measures for more sustainable operations, translating to improved ESG performance and cost savings, as we actively work towards reducing our carbon emissions.”
Alex Teo, Managing Director at Ollo Lifestyle International Pte Ltd, said: “The user-friendly interface of the ESGpedia platform allowed us to easily and confidently calculate our GHG emissions and showcase our sustainability progress across the years. We strongly believe that our industry can be revolutionised by creating a sustainable ecosystem with circular economy, and the strong support from OCBC and the availability of such digital tools are essential to help companies on their decarbonisation journeys.”
Iris Ng, Head of Emerging Business, Global Commercial Banking at OCBC, said: “At OCBC, our focus is on making sustainability simple, low-cost, and accessible for SMEs. We partnered with ESGpedia because their platform simplifies GHG emissions measurement — an important but often complex and costly task for many SMEs. Through this collaboration, SMEs can take meaningful steps in their sustainability journey, backed by credible data that supports stakeholder disclosures, regulatory reporting, and access to sustainability-linked financing.”
