Singapore's Green Plan will need to fast-track initiatives while pushing for long-term ambitions

ENVIRONMENTAL, social and governance (ESG) concerns have risen to the top of the agenda for governments and enterprises in the past year. At the recent COP26 climate summit, Singapore stated its full commitment in accelerating its transition to a low-carbon future.

Yet, while the Singapore Green Plan 2030 has provided a comprehensive outline and statement of intent across key broad areas, there will be a greater urgency to achieve these goals and fast-track the initiatives planned.

Certainly, businesses across all sectors will require support to be operationally and strategically ready for a sustainable future. Pragmatically speaking, efforts are likely to begin with the financial services and climate-sensitive sectors such as energy, infrastructure & real estate, transport & logistics and food.