SINGAPORE – Singapore companies will get more help in adopting clean energy technologies under a sustainability initiative launched on Oct 10.
The Sustainability Alliance guides companies, especially small and medium-sized enterprises (SMEs), in adopting industrywide measures to reduce waste and greenhouse gas emissions, said the Singapore Chinese Chamber of Commerce and Industry (SCCCI) at its official launch.
The alliance’s co-chairman, Mr Frank Phuan, said that among other plans, it will be building an online portal in the coming months for SMEs to find sustainability toolkits.
A report will be published in 2025 by the alliance and Greenprint – an environmental, social and governance reporting platform – to help trade associations, government agencies and solution providers to engage businesses better on adopting green practices.
The alliance was formed in 2022, with SCCCI, the Sustainable Energy Association of Singapore and SGTech working together to develop resources and concrete actions that companies can take.
With the official launch, 15 trade associations have joined the alliance to implement its objectives. The alliance will also roll out sustainability training for trade associations and programmes for companies to build capacity in going green.
Mr Mark Lee, chairman of SCCCI’s youth business and sustainability committee, said trade associations play a pivotal role in this area, as their close engagement with member companies gives them “unique insights into the challenges they may encounter on their sustainability journey”.
Since it started, the alliance has partnered with Global Compact Network Singapore and organised three runs of a carbon management workshop.
More than 70 people from 50 SMEs learnt more about the key regulations and trends on carbon matters, and were trained in using a carbon and emissions recording tool.
The annual business survey by SCCCI in 2024 found that 63 per cent of
