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The business case for sustainable design

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"Businesses that adopt sustainable design can achieve savings from more eco-friendly and efficient use of resources. Between 2008 and 2014, CDL achieved S$36.5 million worth of savings in annual electricity consumption from our Green Mark buildings." - Mr Kwek

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"Many global furniture and furnishing companies that have embraced sustainable design are financially outperforming their peers. More than one-third of companies, including Ikea, have reported a 23 per cent increase year on year, according to a study in 2013 ..." - Mr Koh

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"The common myth is that sustainable design often involves high investment or running costs. Depending on the scale, the adoption of sustainable design can generate benefits in the form of savings in running costs which may more than cover the initial investment outlay." - Mr Poon

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"There are a number of practical and pragmatic approaches for government to help businesses. These include incentives and relevant regulations, professional development programmes and training . . . as well as investing in significant research . . ." - Prof Wood

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Moderator Mr Tai

Roundtable participants:

  • *Kwek Leng Joo, deputy chairman, City Developments Limited (CDL)
  • Ernie Koh, president, Singapore Furniture Industry Council (SFIC)
  • Vincent Poon, vice-president, enterprise services and integration operations, OPUS IT
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