The National University of Singapore, Northern Trust and UOB have collaborated on the launch of a first-in-market initiative aimed at tokenising green bond credentials. NUS is the first university in Singapore to implement blockchain technology for ESG reporting. The tokenisation process will focus on ensuring data integrity, providing investors with confidence that the environmental impact reporting data is secure, immutable, and reliable for their own sustainability reporting obligations. Investors of the bond will receive the same complete set of information which will remain unchanged even as the bond changes hands. This initiative marks a significant step toward aligning green finance practices with global transparency and regulatory standards. The tokenisation of NUS’ green bond credentials is part of Project Guardian, a global collaboration between policymakers and key industry players, led by the Monetary Authority of Singapore.
