5 Questions With Benjamin Soh, Co-Founder and MD of STACS, An ESG Data Collection and Registration Platform

Benjamin Soh, CEO and Founder of STACS

While business growth is still by and large the main focus of companies today, there are many other factors you have to consider in building up your business today. 

In today’s business landscape, you cannot afford to ignore the Economic, Social and Governance framework, or ESG. ESG is used to assess an organisation’s business practices and performances on various non-financial issues such as eco-friendliness, care for employees, and risk management. This will ensure that a business is not only contributing to the overall economy, but is doing so in a reliable and sustainable way.

At the forefront of the ESG movement is start-ups such as STACS, the company behind ESGPedia, a blockchain-powered ESG registry and the technology partner of the MAS’ Project Greenprint. 

The platform’s function is twofold: Firstly, it compiles and distributes ESG data from over 120,000 companies in Southeast Asia, and secondly, it helps these companies and many others connect with business partners that allow them to further optimise their ESG profile. 

At the 2023 Singapore Fintech Festival, DollarsAndSense speaks to Benjamin Soh, Co-Founder and Managing Director of STACS. Through a quick but insightful Q&A discussion, Benjamin shared his insights on the risks and rewards of entrepreneurship, the importance of ESG in growing businesses, as well as how to excel in a competitive business market.

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