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STACS, known by its ticker symbol STACS, is a blockchain-based platform that serves as the nexus of ESG (Environmental, Social, and Governance) finance. The platform offers a range of solutions to help companies of all sizes achieve their ESG goals through the power of technology. Some of the features provided by STACS include ESG Certification & Data Registry, Ongoing Monitoring, Supplier Sustainability, and Financial Products such as ESG Financial Products and High-Quality Carbon Credits. With its end-to-end digital securities and smart contract platform, STACS aims to enable sustainable finance and promote a net-zero future.
One of the key offerings of STACS is the ESGpedia platform, which powers the Greenprint ESG Registry of the Monetary Authority of Singapore (MAS). ESGpedia allows stakeholders to retrieve holistic ESG certifications and data from multiple industries and globally verified sources, all through a single digital platform. This helps to address the lack of high-quality standardized ESG data, especially in Asia, and creates a trusted centralized data repository for banks and investors. By leveraging the ESG data from ESGpedia, STACS’ smart contract platform, Vetta, enables effective and automated ongoing monitoring and lifecycle management.
STACS has garnered recognition and support from industry leaders and regulatory bodies. The partnership with MAS’s Project Greenprint has established a solid foundation for the blockchain-based ESGpedia platform and the Greenprint ESG Registry. This collaboration aims to mobilize capital towards sustainable projects and facilitate accurately tracking and quantifying emission reductions and other sustainability metrics. Additionally, STACS has formed partnerships with leading financial institutions and corporations, including UBS, Citi, Standard Chartered, and OCBC Bank, to drive sustainable finance and support the transition to a low-carbon world.
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