Enterprise Singapore launches new one-stop Sustainability Hub website for SMEs
[SINGAPORE] Enterprise Singapore (EnterpriseSG) launched the new SME Sustainability Hub on Tuesday (May 6), a website that aims to help small and medium-sized enterprises (SMEs) access information on the available government support and resources as they embark on their sustainability journey.
Companies can also benefit from new carbon-management solutions under the Productivity Solutions Grant (PSG) to support their decarbonisation efforts.
EnterpriseSG said that the website was launched with the support of the Ministry of Trade and Industry, Ministry of Sustainability and the Environment, National Environment Agency, national water agency PUB, and other agencies.
In a media release, Geoffrey Yeo, assistant managing director for capabilities, product and policy at EnterpriseSG, noted that while there is growing traction among SMEs to embark on sustainability, many remain unsure of how to get started.
'The SME Sustainability Hub is a whole-of-government effort that will enable local enterprises to easily access sustainability-related information and government resources to accelerate their sustainable transformation,' he said.
Jean Goh, managing director of Xcel Industrial Supplies, stated: 'Sustainability is important for businesses to stay competitive, but, as an SME, it can be challenging to navigate the large amount of information without guidance.'
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The website connects SMEs with sustainability information, programmes and relevant subsidies they can take advantage of through an e-adviser. These include financial schemes to reduce costs that SMEs incur in pursuit of their sustainability goals, as well as development courses to educate employees and firms on sustainability skills and competencies.
Other features include case studies of successful SMEs that have embarked on their sustainability journey; relevant regulations regarding sustainability practices; and a list of sustainability issues to explore, such as carbon emissions, water and waste management.
One of the new support programmes is to help firms develop carbon-management solutions through the PSG. The solutions will guide SMEs on their carbon-accounting capabilities, including providing advisory on data input for their Scope 1 and Scope 2 emissions.
Advanced SMEs on their carbon-management journey can also utilise the PSG to assess their Scope 3 emissions for target-setting and to explore opportunities to further enhance their competitiveness in a low-carbon economy.
Scope 1 emissions are direct emissions from production, such as from a firm's own factory, while Scope 2 emissions indirectly come from the manufacturing of a product which a firm imports. Scope 3 refers to indirect emissions arising from a company's value chain.
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