BNG ENT

Main Menu

  • Home
  • Community forum
  • Forum workshop
  • Forum sites
  • Forum committee
  • Forum hosting

BNG ENT

Header Banner

BNG ENT

  • Home
  • Community forum
  • Forum workshop
  • Forum sites
  • Forum committee
  • Forum hosting
Forum committee
Home›Forum committee›Forum: Companies should set up a sustainable development committee, Forum News & Top Stories

Forum: Companies should set up a sustainable development committee, Forum News & Top Stories

By Corrine K. Thomas
November 1, 2021
0
0


Recently, a study by Schneider Electric revealed worrying statistics: only a third of Singapore companies say they are “strongly aligned” with the Singapore Green Plan 2030, while less than half are operating sustainably (only a third of companies strongly aligned with the Green Plan: study, October 13).

The main problems cited by the companies interviewed for the study are the lack of funding, made worse by the fallout from the pandemic, as well as the difficulties in changing the corporate culture.

While I understand the hurdles businesses face, sustainability becomes imperative for long-term growth.

Electricity prices in Singapore have increased. Therefore, there is a greater incentive to invest in sustainable solutions to reduce the risks of being affected by volatility in global energy prices.

Businesses stand to gain from a reliable source of energy with lower operating costs, although the upfront costs can be high.

In addition, consumers and investors, who are important players in corporate finance, are becoming increasingly demanding when it comes to ethical consumption, choosing to invest their money only in companies or products that minimize damage. environmental.

To encourage more businesses to adopt sustainable practices, businesses could establish a sustainability committee, made up of environmental experts independent of the business, who will provide unbiased advice on business sustainability.

To alleviate any financial burden on the business, the sustainability committee could oversee grant applications under the business sustainability program.

The committee could also spearhead environmental initiatives within the company to instill a more sustainable corporate culture.

It could, for example, organize events on the topic of sustainable development, such as potlucks of dishes created from leftovers or ask employees to bring their own containers.

He could also rank daily activities in the workplace according to their sustainability and organize friendly competitions in the company.

Companies should start taking active steps to become more sustainable, and setting up a committee is a good start.

Lang Si Han


Related posts:

  1. Inaugural meeting of the EU-UK TCA Trade Specialist Committee on Customs Cooperation and Rules of Origin scheduled for Thursday
  2. House committee hears testimony on forest fire workforce reforms
  3. The Council sets up a committee to avoid clashes between host communities, sugar operators
  4. Liberia: World Parliament of Mayors renews Koijee to Executive Committee of Parliament of Mayors
Tagslong term

Categories

  • Community forum
  • Forum committee
  • Forum hosting
  • Forum sites
  • Forum workshop

Recent Posts

  • Govt. Justice, companies set to settle with major creditor | West Virginia
  • The Day – Norwich School Building Committee opts for four new elementary schools
  • Dublin City Council refuses to map sites for Travelers’ Homes in city development plan
  • ATP Partners with COSAT to Host First South American Challenger Workshop | ATP tour
  • Anti-career supporters gather for the Mitchell Shire Council community forum

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • December 2020
  • October 2020
  • August 2020
  • June 2020
  • May 2020
  • February 2020
  • October 2019
  • September 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • December 2018
  • August 2018
  • May 2018
  • March 2018
  • April 2016
  • November 2015
  • Privacy Policy
  • Terms and Conditions