Firms, backed by govts, should embark on sustainable growth

THIS month is indeed probably the most active month in Singapore's sustainability journey, in which we saw the ecosystem taking a coordinated inter-generation effort to create sustainable growth for our beloved little red dot.

Ecosperity Conference, organised by Temasek, is taking the charge and is now in its sixth year. This year's event is the biggest in bringing various parts of the ecosystems to create a sustainable future. The annual Business China and Global Traders Summit (the latter organised by Enterprise Singapore) have also now put sustainability as their top agenda for the first time.

Indeed, as the global trade dynamics is changing rapidly, fanned by the US-China trade war, the ecosystem should make sure that global trade remains a force for sustainable development. Our trade sector is three times that of our GDP and, together with the related finance, energy and logistics sub-components, it provides an important anchor for sustainable economic prosperity and job creation. Encouraged by the S…