126 views
Photo from handout

Ant Int’l launches digital sustainability scorecard for MSMEs

The scorecard offers actionable insights for MSMEs to enhance ESG credibility.

Ant International, along with its industry partners, introduced the MSME Sustainability Impact Scorecard (MSME S-Card) for micro, small, and medium enterprises (MSMEs) in Asia to track their environmental and social impact.

MSMEs account for 90% of businesses and over half of Asia’s workforce yet often face obstacles in adopting sustainable practices, including lack of knowledge, limited resources, and scarcity of tailored financial products.

The MSME S-Card automates the collection of key data from business processes and digital wallets to validate MSMEs' environmental, social, and governance (ESG) credentials.

By integrating ESG metrics, the scorecard offers actionable insights for MSMEs to enhance their ESG credibility, attract impact-focused investors, and support long-term sustainable growth.

Pilot participant GCash, a Philippine mobile payment platform, will further customise the scorecard benchmarks based on local needs by next year.

Through its GForest initiative, GCash has mobilised 17 million users to plant over 2.8 million trees, reducing carbon emissions by 138,000 metric tons. This reforestation effort also provided livelihoods for over 8,600 farmers.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Singapore needs layered strategy against fraud
Scam and cybercrime cases in the city-state rose 18% to 28,751 in the first half.
OCBC to triple quantum workforce to boost security
The Singapore bank expects significant tech advancements in the next five to 10 years.
China’s payment system gets boost from renminbi rise
African SMEs get the same level of service as large companies under a more open China.