Ministry of Finance
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Ministry of Finance's score of 0 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ministry of Finance's reported carbon emissions
In 2023, the Ministry of Finance (MoF) in Singapore reported emissions data indicating a commitment to sustainability, although specific emissions figures were not disclosed. The MoF's approach includes a focus on emissions avoided per S$ million allocated, with a reported value of approximately 0.0017 kg CO2e per unit of revenue. Currently, there are no specified reduction targets or climate pledges outlined by the MoF, which suggests a need for further development in their climate strategy. The absence of detailed emissions data and reduction initiatives highlights an opportunity for the Ministry to enhance its transparency and commitment to climate action. As the MoF continues to navigate its role in climate commitments, it is essential to monitor future disclosures that may provide clearer insights into their emissions profile and reduction strategies.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to any reduction initiatives 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.
