Peak Energy and the French Chamber of Commerce in Singapore (FCCS) recently co-hosted a highly successful event focused on the upcoming Scope 2 reform and its implications for renewable energy sourcing and corporate sustainability reporting. The session was attended by key industrial companies in Singapore, showcasing the broad interest and relevance of the topic. The event was designed to foster an open and informed space where participants could collectively sense-check the Scope 2 reform as it stands today.

Starting with a warm welcome and registration, the event kicked off with an engaging panel discussion. The audience, composed of energy managers, sustainability officers, and procurement managers, actively participated, signaling their appreciation for the well-organized and insightful session. The interactive format allowed for real-time feedback and dynamic exchanges between speakers and attendees.

Key Discussions on Scope 2 Reform Implications

The GHG Protocol's draft reform of Scope 2 accounting, released in October 2025, was a central focus of the discussions. With public consultation running until January 2026 and finalization expected by 2027, the proposed changes are set to significantly impact corporate energy procurement strategies and sustainability reporting. The new requirements emphasize hourly matching and reinforced localization and deliverability, representing a structural shift from the previous volume-based approach.

Panelists highlighted how these changes challenge existing procurement models and claims methodologies. For many corporates, this reform implies a fundamental change in mindset from flexible, certificate-based approaches to more operationally and geographically constrained sourcing strategies. The implications for the renewable energy market were also discussed, with an emphasis on how developers, financiers, and advisors might need to adjust project designs, bankability assessments, and market prioritization strategies

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Insights from Industry Leaders and Experts

Discussions covered potential market impacts, including shifts in renewable demand, project structures, and financing dynamics. The speakers also addressed how corporates, developers, and policy-adjacent actors are interpreting and preparing for these changes. This segment of the event was particularly appreciated by the audience for its depth and relevance, offering actionable insights and strategies for adapting to the new requirements.

Future Steps

The event concluded with a networking session, providing participants with the opportunity to share insights and strategies for adapting to the new Scope 2 requirements. This informal setting allowed attendees to connect with peers, discuss real-world constraints, trade-offs, and early signals from the market.

Peak Energy and FCCS extend their gratitude to all speakers and their institutions for bringing their insights to the event. Special thanks to the audience for their active participation and valuable contributions. The session not only highlighted the importance of the upcoming Scope 2 reforms but also underscored the need for continued dialogue and collaboration within the industry.

As we move forward, Peak Energy remains committed to advancing sustainable energy solutions and supporting our partners in navigating these significant changes. We look forward to future events and opportunities to engage with our community on critical topics shaping the renewable energy landscape.

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Find the event video here: Video

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