Singapore, 6 May 2025 – The World Business Council for Sustainable Development (WBCSD) and the Singapore Business Federation (SBF) signed a Memorandum of Understanding at Ecosperity Week 2025, confirming the Singapore Emission Factors Registry’s (SEFR) adoption of the Partnership for Carbon Transparency (PACT) Methodology and Technical Specifications, Version 3, for the listing of product-specific emissions data.

PACT, hosted by the World Business Council for Sustainable Development (WBCSD), recently released Version 3 of its methodology after two years of consultation with leading multinationals, technology providers and climate experts. The updated version significantly improves the accuracy and consistency of technical specifications for calculating and exchanging supplier-specific, product-level emissions data.

The updated methodology allows businesses to calculate more precise, complete, and comparable Product Carbon Footprints (PCFs) of their goods and services, enhancing the quality and integrity of emissions data, and enabling informed decision-making on emissions reduction strategies.

SEFR currently contains emissions data from A*STAR, Singapore government agencies including the National Environment Agency, and partners such as the Singapore Green Building Council. With the adoption of PACT, SEFR will now enable any organisation in Singapore to list high-quality PCF data for their goods and services. Any business is eligible to list its PACT-aligned PCF data with the SEFR. By aligning with PACT Methodology Version 3, SEFR enhances transparency and standardisation in the way emissions data is reported and exchanged across organisations.  

This partnership represents a significant milestone in SBF’s and WBCSD PACT’s shared ambition to leverage supplier specific data across value chains to accelerate global decarbonisation.

Mr Kok Ping Soon, CEO of Singapore Business Federation, said, “The SBF and our consortium of public-private partners behind the SEFR are delighted to adopt the PACT Methodology Version 3. This will enable businesses to list their PACT-aligned PCF data in the SEFR, which will enhance the quality and integrity of emissions data. This is not only useful for more precise greenhouse gas accounting (particularly for Scope 3 emissions), but also enables informed strategic decision-making, including green procurement.”

Mr Peter Bakker, President and CEO of WBCSD, said, "This partnership positions Singapore as the world’s first emission factors registry to adopt the PACT Standard – a significant step toward credible, comparable supply chain emissions data. In doing so, the Singapore Business Federation is setting a new benchmark for accountability and enabling businesses to make smarter, more competitive decisions. This partnership will support the acceleration of Singapore’s transition to a low-emissions economy – creating long-term value for businesses and reinforcing Singapore’s leadership in the global green economy.”

Razer™, the leading global lifestyle brand for gamers, has committed to be the first business to list its products’ life cycle assessment and Environment Product Declaration reports in PACT-aligned SEFR.

Li Meng Lee, Chief Strategy Officer at Razer, said, “Razer is proud to be the first to list life cycle assessment and Environment Product Declaration reports of our products in the SEFR, as consumers deserve access to transparent and precise carbon footprint data. As one of the few companies that has its short-term net zero targets validated by Science Based Targets initiative (SBTi), Razer is committed to lifecycle assessment and transparency. Our AI-powered GAIADEX tool, introduced at COP29, enhances the accuracy and efficiency of assessing the environmental impact of our products. This partnership with SEFR and the adoption of PACT Methodology Version 3 will further support our sustainability goals by providing reliable carbon footprint data. We look forward to leveraging this data to drive our sustainability initiatives locally and rally the industry do the same.”

‍