Carbon Pricing Act (CPA) Explained: Key Requirements Singapore Businesses Must Know
Beyond the cost of the carbon tax itself, Singapore's Carbon Pricing Act sets out compliance requirements that affected businesses must follow. Episode 5 of GreenCo's Carbon Tax series walks through the key pillars of the CPA: registration, emissions reporting, pricing, appeals and enforcement.
What You'll Learn in This Video
- GHG reporting requirements β what reportable and taxable facilities must submit to the National Environment Agency (NEA).
- Monitoring plans and verification β why taxable facilities need an approved monitoring plan and independently verified emissions reports.
- Carbon tax assessments and refunds β how carbon tax is assessed and when refunds may apply.
- Appeals under Section 34 β the route for challenging certain NEA decisions.
Why CPA Compliance Matters
Non-compliance with the CPA can lead to penalties, and inaccurate emissions data can mean paying more carbon tax than necessary. A clear understanding of the Act helps finance, operations and sustainability teams work together on accurate, timely submissions. Learn how GreenCo supports GHG emissions calculation.
Watch the Full Carbon Tax Series
Previous: Episode 4 β How Carbon Tax Affects Households
Next: Episode 6 β How to Appeal Under the Carbon Pricing Act
#CarbonPricingAct #CPA #CarbonTax #ESGCompliance #GHGReporting #ClimateRegulations #SingaporeESG #CarbonPolicy
Learn with GreenCo: All-Round ESG Advisory, Built from Scratch
These learning videos are produced by GreenCo, an ESG and climate risk advisory firm in Singapore and Hong Kong that has supported more than 80 listed companies since 2016. We provide all-round ESG advisory services under one roof, from sustainability reporting and climate disclosures to GHG accounting, climate scenario analysis, ESG ratings and assurance. We can build your ESG framework, data processes and reports from scratch, and our consultants stay actively involved throughout the whole project, not just at kick-off and sign-off.
We use AI and digital tools to work faster, but AI is a tool, not the advice. The real value comes from our consultants' professional judgement: understanding your business, interpreting the rules, challenging the numbers and making sure every disclosure stands up to scrutiny.
Our Values
- Integrity β credible, decision-useful disclosures, prevent greenwashing.
- Partnership β hands-on involvement from day one to end of project.
- Tailored expertise β solutions built around your business.
- Knowledge sharing β making ESG regulations clear and accessible for everyone.
- Innovation β using technology to make sustainability work more efficient.
Our Team's Professional Credentials
- Fellow Certified Public Accountant (FCPA)
- Chartered Financial Analyst (CFA) β CFA Institute
- Financial Risk Manager (FRM) β Global Association of Risk Professionals (GARP)
- Certified ESG Analyst (CESGA)
- Sustainable Investing Certificate β CFA Institute
- GRI Certified Professional
- Practitioner Member β Institute of Sustainability and Environmental Professionals (ISEP)
- GRI Certified Sustainability Professional β Global Reporting Initiative (GRI)