The Sustainability Toolkit

The Sustainability Tookit coverBy Bhavani Prakash

How do Singapore based companies engage their employees around sustainability and CSR? This was the question that prompted me to interview eleven organisations over a four month period to share bright spots that other companies could emulate. The result: an online 42 page resource entitled, ‘The Sustainability Toolkit: A framework for engaging employees for CSR – Using best practices from Singapore based organisations, that is available for free download here.

Why engage employees in CSR: The Business Case

There is increasing pressure on companies from a range of stakeholders to operate in a manner that is socially and environmentally responsible. Companies who respond proactively rather than reactively to legislative and stakeholder pushes, are more likely to experience several benefits. In particular, as research shows, organisations that engage their employees in the process are more likely to:

  • Attract quality talent who want to work with responsible companies
  • Retain quality talent as it improves employee loyalty
  • Lowers absenteeism with improved engagement levels
  • Innovate more for competitive advantage, as employees are a source of ideas for sustainability
  • Maintain their reputation and branding, as employees are the touch points with customers, suppliers and members of the public, and reflect the company’s culture

7 key elements surfaced in our interviews with the 11 Singapore based organisations that are important for engaging employees in CSR: Read more

NTUC FairPrice takes the lead to measure and reduce food waste

Great Taste Less Waste Selection

NTUC FairPrice is taking the first steps to measure and reduce food waste in its supermarkets. So far, FairPrice is the only supermarket retailer that has publicly commit to food waste reduction efforts, and this leadership is something that the other supermarket retailers need to follow.

After two years of consultative study under its Food Waste Framework, FairPrice today announced a Food Waste Index to track and sustain food waste reduction efforts, which is a first in the Singapore supermarket industry. The Food Waste Index measures the annual total food waste against the total retail space of all FairPrice stores, and will enable FairPrice to track its progress on various food waste reduction initiatives. Read more

Singapore’s Energy Conservation Act – What It Means For Companies

By Shar Ghadialy

Singapore by timobalk

Nobel Peace Prize winner, Al Gore, in his award-winning documentary on climate change, ‘An Inconvenient Truth’, said: “It takes time to connect the dots, I know that. But I also know that there can be a day of reckoning when you wish you had connected the dots more quickly.”

With Singapore’s energy portfolio comprising almost entirely of hydrocarbon-based fuel, rising levels of national energy consumption year on year, electricity tariffs pegged to fluctuating fuel prices, and the buildup of carbon emissions, there aren’t many dots left to connect. It’s quite evident that we need to rein in our energy consumption levels sooner than later if we are to keep it from running away to unsustainable levels.

Realisation of this inconvenient truth had set in a long while ago for Singapore. Singapore reduced its energy intensity by 15% from 1990 to 2005 and by 8% from 2005 to 2009. This is no mean feat by any standards, and is a direct fallout of the many prudent energy efficiency measures, policies and market incentives undertaken as a concerted effort by the government. Read more

Singapore Budget 2014 – Sustainability and Innovation Credit (SIC)

Sustinable Development in SingaporeThe Singapore Budget 2014 speech will be delivered by Deputy Prime Minister and Minister for Finance, Mr Tharman Shanmugaratnam, in Parliament next Friday.

At Green Business Singapore, our top wish for this year’s Budget is to see the government introducing a Sustainability and Innovation Credit (SIC) scheme, similar to the existing popular Productivity and Innovation Credit (PIC) scheme that is supposed to end in FY 2015.

With rising public awareness on sustainability and increased risks from climate change, food disruptions and energy price fluctuations, most businesses including small and medium-sized enterprises (SMEs) understand the need to reduce their environmental impacts, especially in terms of energy, water and waste. However, they are usually constrained by the lack of trained manpower and resources to take action. Read more

SEAS Starts Singapore’s First Cleantech Incubator and Accelerator

Cleantech Incubator MOU signing

To help cleantech startups and entrepreneurs in Singapore with business and technology advisory and access to capital, the Sustainable Energy Association of Singapore (SEAS) is starting and managing Singapore’s first Cleantech Incubator and Accelerator, together with six partners from the engineering, research, and investment fields.

SEAS represents the interests of companies in renewable energy and energy efficiency, and provides a platform for them and financial institutions to collaborate and undertake projects together. Read more

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