SMEs can start small, tap available grants when adopting sustainable practices
Now is the best time to begin as climate change will not wait for economic recovery
Renald Yeo
SINGAPORE’S small and medium-sized enterprises (SMEs) can tap available “low-hanging fruit” to ease their transition to more sustainable practices, said Minister for Trade and Industry Gan Kim Yong.
For instance, SMEs can look into installing energy efficient appliances in the face of high energy prices, which reduces business costs but also contributes to the Republic’s sustainability efforts, he said.
He was speaking alongside OCBC’s head of global commercial banking Linus Goh at The Business Times (BT) Sustainability Dialogue 2023 on Friday (May 5).
TRENDING NOW
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Employers want AI-fluent employees. Hiring them is the challenge