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Singapore must continue cross-sector green push in 2023

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    • There is a need for Singapore’s fashion and textile industry to take more action on sustainability in its end-to-end supply chain.
    • There is a need for Singapore’s fashion and textile industry to take more action on sustainability in its end-to-end supply chain. PHOTO: PEXELS

    Benjamin Soh

    Published Thu, Feb 23, 2023 · 06:00 AM

    TWO months into 2023, it’s apparent that nations are staying committed to their long-term green ambitions despite some short-term headwinds, with Asia set to play a pivotal role in making or breaking our planet’s race towards net zero.

    Both the regulatory and business push to decarbonise industries is in full swing: every sector has now embarked on the ESG journey with unique challenges and opportunities – from fashion, real estate, and hospitality to transport, logistics, and supply chains.

    Governments like Singapore and elsewhere are increasingly introducing carbon pricing, carbon taxes, and other green policies to encourage businesses to reduce their carbon emissions.

    Green financeNet zeroDecarbonisationESGsustainability

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