EnterpriseSG to launch decarbonisation, sustainable finance courses for businesses

ENTERPRISE Singapore (EnterpriseSG) will launch new courses covering decarbonisation and sustainable finance for businesses starting in April 2023. The courses fall under its Enterprise Sustainability Programme (ESP).

The decarbonisation courses, developed with the UN Global Compact Network Singapore, PwC Singapore and the Carbon Trust, will cover topics such as carbon accounting, target-setting and planning, ways to decarbonise, and carbon disclosures and reporting.

Course participants will be provided with tools, such as carbon calculators, to help them understand how they use carbon accounting for their companies.

The sustainable finance courses, meanwhile, were developed with PwC Singapore and Deloitte Singapore. They will cover global and local trends in sustainable finance, along with the various sustainable finance instruments available to Singapore companies and how to access them. These include green loans, sustainability-linked loans and impact investments, EnterpriseSG said on Thursday (Mar 23).

These courses will have more than 20 runs each year, with EnterpriseSG defraying 70 per cent of course fees for up to three participants per enterprise or trade association and chamber eligible for each course type.

The government agency will also work with three new partners – Accenture, EcoBusiness and Deloitte Singapore – to make more ESP foundational courses available. These courses, launched in January 2022, have seen 400 participants to date.

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EnterpriseSG is also planning to develop sustainability playbooks for companies, which will highlight sector-specific opportunities and cover decarbonisation and sustainability reporting. It will also create a website to house these resources and information on whole-of-government support measures.

Companies keen on sustainability projects can also tap the Enterprise Development Grant. For these projects, the enhanced funding support of up to 70 per cent of the overall cost has been extended till Mar 31, 2026. They cover strategy and product development, resource optimisation and standards adoption.