New sustainability support website launched to help SMEs go green
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The SME Sustainability Hub will serve as a one-stop platform to help local businesses quickly access the information and support they need to adopt sustainable practices.
ST PHOTO: LIM YAOHUI
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SINGAPORE – Enterprise Singapore (EnterpriseSG) on May 6 launched the SME Sustainability Hub, a new website designed to help small and medium-sized enterprises (SMEs) navigate and access government sustainability support programmes and resources.
The resources include financial schemes and programmes, training and development courses, and guides and playbooks to help the companies begin working on becoming more environmentally friendly.
Mr Geoffrey Yeo, assistant managing director for capabilities, product and policy at EnterpriseSG, explained that while there is growing traction among SMEs to embark on sustainability, many are unsure of how to do so.
He added that the SME Sustainability Hub will serve as a one-stop platform to help local businesses quickly access the information and support they need to adopt sustainable practices.
Ms Jean Goh, managing director at XCEL Industrial Supplies, a local SME, noted that it can be challenging to navigate the large amount of information available without guidance.
“The SME Sustainability Hub can help to short-cut the learning process for local enterprises like us by sharing key areas and steps that companies should look at for their sustainability journeys, and providing insights on relevant support and resources,” she said.
One of the sustainability support programmes that will be made available to companies on the SME Sustainability Hub is the Productivity Solutions Grant (PSG) for pre-scoped carbon management solutions.
These solutions can help SMEs embark on becoming more sustainable by building their carbon accounting capabilities and providing advice on their Scope 1 and Scope 2 emissions.
SMEs looking to further advance their carbon management and reporting capabilities can also tap the PSG for Scope 3 emissions calculations, decarbonisation target setting, supply chain emissions management and public reporting preparation.
Scope 1 emissions are what a company produces directly, such as from its own vehicles or factories, while Scope 2 comes from the energy it buys. Scope 3 includes all other indirect emissions from things it does not control, such as suppliers, business travel and how customers use its products.
