EEG or SRG? Which Grant for Your Carbon Compliance

Use this guide to decide between EEG and SRG for your carbon management initiatives. These grants address different stages of sustainability—one reduces your carbon footprint, the other measures and reports it.

Read This First

• Different purposes:
  • EEG = Physical carbon reduction through equipment (LED lighting, efficient HVAC, motors)
  • SRG = Carbon measurement and disclosure through sustainability reporting
• Different company profiles:
  • EEG = SMEs in eligible sectors (turnover up to S$500M)
  • SRG = Large companies (SGX-listed OR S$100M+ revenue)
• Different funding levels:
  • EEG Base Tier = 70% (SMEs) or 30% (non-SMEs), capped at S$30K
  • EEG Advanced Tier = Up to S$350K for high-impact projects (350t+ CO2 savings)
  • SRG = 30% of eligible costs, capped at S$150K
• Critical timing rule: Both require application BEFORE starting the project or making any payment.

Quick Decision Matrix

Legend: ✓ = Use this grant | — = Not applicable

At a Glance

Decision Flow

Who Qualifies for Which Grant?

EEG Eligibility (Carbon Reduction)

• Registered and operating in Singapore
• Group annual turnover up to S$500 million
• At least 30% local shareholding (waived for maritime and data centres)
• Operating in eligible sectors: Manufacturing, Food Services, Retail, Construction, Maritime, Data Centres
• Equipment focus: Must purchase pre-approved equipment (Base Tier) or demonstrate 350t+ lifetime CO2 savings (Advanced Tier)
• NOT eligible: Charities, government agencies, home-based businesses, religious entities

SRG Eligibility (Carbon Reporting)

• Singapore-incorporated business entity
• Either: Listed on SGX (non-STI constituent) OR annual revenue of at least S$100 million
• Preparing first sustainability report with ISSB-based climate disclosures
• Before mandatory compliance deadline (varies by company type)
• At least 30% local equity (or apply via EDB if below)
• NOT eligible: STI-constituent companies, companies already publishing ISSB reports

Common Carbon Management Scenarios

• “We want to reduce our factory’s energy consumption” → EEG (70% up to S$30K for efficient motors, LED lighting, HVAC)
• “Our restaurant needs more efficient kitchen equipment” → EEG (check pre-approved equipment list on GoBusiness)
• “We need to measure our carbon footprint for the first time” → SRG (covers ESG software and consultancy)
• “Board wants our first sustainability report” → SRG (30% up to S$150K for ISSB-compliant reporting)
• “Manufacturing plant needs major equipment overhaul” → EEG Advanced Tier (up to S$350K if >350t lifetime CO2 abatement)
• “We need to report Scope 1, 2, 3 emissions” → SRG (covers consultancy and assurance for emissions disclosure)
• “We’re a startup wanting to be greener” → Likely EEG if in eligible sector (SRG requires S$100M+ revenue)

Carbon Management Strategy: Which First?

For companies eligible for both grants:

1. Start with EEG — Reduce your actual emissions first through equipment upgrades. This gives you a better story to tell.
2. Then use SRG — Report your improved carbon footprint. Your sustainability report will show tangible reduction efforts.

Note: Most SMEs will only qualify for EEG (due to SRG’s S$100M revenue requirement). Large companies may use both strategically.

Key Differences in Process

EEG Application Process (Carbon Reduction)

1. Check pre-approved equipment list on GoBusiness
2. Obtain quotations (do not sign contract or pay)
3. Apply via Business Grants Portal
4. After approval, purchase and install equipment
5. Submit claim within one year with photos and receipts

SRG Application Process (Carbon Reporting)

1. Prepare financial statements and vendor quotations
2. Apply via Business Grants Portal before project starts
3. Receive Letter of Offer with project qualifying period
4. Complete project and publish sustainability report
5. Engage external auditor for claim verification
6. Submit claim with audit verification

Before You Apply

1. Determine your carbon management stage:
   • Need to reduce emissions? → EEG
   • Need to measure and report? → SRG
2. Check timing carefully:
   • Both grants: No payment or signed contracts before application date
3. Verify equipment eligibility (EEG): Only pre-approved equipment qualifies for Base Tier
4. Understand the caps:
   • EEG: S$30K cap per grant period (Base) or S$350K total (Advanced)
   • SRG: One application per company, S$150K total cap
5. Document everything: Both grants require detailed receipts, contracts, and proof of payment

Is This Comparison Right for You?

This guide is for you if:

• You’re developing a carbon management strategy and wondering where to invest
• You want to understand whether to prioritize emission reduction or reporting
• You’re unsure if your company qualifies for equipment grants or reporting grants
• You need to decide between hardware investments and compliance consulting

This guide may not help if:

• You’re looking for general business productivity grants (see PSG vs EDG comparison)
• You’re a very small company (under S$1M revenue) not in EEG-eligible sectors
• You’ve already published an ISSB-compliant sustainability report (SRG not available)

Related Guides

• Energy Efficiency Grant (EEG) — full eligibility, equipment list, and claiming process
• Sustainability Reporting Grant (SRG) — detailed guide on compliance timelines and eligible costs
• SRG vs EEG: Sustainability Reporting or Equipment? — alternative framing of the same comparison
• Grant Pitfalls Guide — common mistakes to avoid
• Singapore Grants Glossary — key terms explained
• Corppass Setup Guide — how to set up BGP access

Official Links

• EEG: EnterpriseSG Official Guide
• SRG: EnterpriseSG Official Guide
• Business Grants Portal
• GoBusiness EEG Equipment List