The Ministry of Finance (MOF) in Singapore, often referred to simply as the Finance Ministry, plays a pivotal role in the nation's economic landscape. Established in 1867, it has evolved to oversee the management of public finances, fiscal policies, and government expenditure. Headquartered in Singapore (SG), the Ministry operates across various regions, ensuring financial stability and growth. MOF's core services include budget formulation, tax administration, and economic planning, all aimed at fostering a robust financial environment. Its commitment to transparency and efficiency has positioned it as a leader in public finance management. Notable achievements include the implementation of innovative fiscal policies that have significantly contributed to Singapore's reputation as a global financial hub. Through its strategic initiatives, the Ministry continues to enhance the nation's economic resilience and sustainability.
How does Ministry of Finance's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Public Administration industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ministry of Finance's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Ministry of Finance in Singapore currently does not report any carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As such, the Ministry has not established specific commitments to reduce carbon emissions or engage in climate initiatives at this time. Given the absence of emissions data and reduction initiatives, the Ministry of Finance's climate commitments remain unclear. The organisation may need to develop and communicate its strategies for addressing climate change and carbon emissions in the future.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ministry of Finance is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.