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!

Top News

APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Vietnam digital bank Cake debuts cloud connect CMS with Visa
It is the first bank to implement Visa Cloud Connect on Google Cloud Infrastructure. 
Cards & Payments
Hong Leong Bank's profit outlook positive amidst SME lending boost
It is projected to maintain tangible common equity at approximately 14% of risk-weighted assets.
Retail Banking
Banks gain 50% more tech capacity with productivity focus
Generative AI tools to streamline tasks can yield productivity gains of up to 30%.
Economy