Corporate social responsibility (CSR) is no longer a choice for businesses. Today, investors, consumers and stakeholders around the world expect that corporations and wealthy individuals give back to improve the community, society and the environment at large.
This sentiment also led to the revision of the Business Roundtable’s Purpose of a Corporation in August 2019, which was redefined to promote ‘an economy that serves all Americans’. The new statement was signed by over 180 CEOs and, while the document is focused on the United States, it symbolises a shift in business leaders recognising the importance of having to lead their companies for the benefit of all stakeholders, not just shareholders. (more…)
Singapore, February 12, 2020 – Singapore Airlines (SIA) and SIA Engineering Company (SIAEC) have signed a power purchase agreement with Sembcorp Solar, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), to install and operate rooftop solar panels on their premises. (more…)
Davos, Switzerland– Asia Pacific Rayon (APR) has joined the first neutral and public traceability platform capable of visualising blockchain-based supply chain data from multiple companies and sources. It aims to help businesses across industries respond to consumer demands for ethical and environmentally friendly products. The neutral and safe space for collaboration is provided by the World Economic Forum and created in collaboration with Everledger, Lenzing Group, TextileGenesis™, and the International Trade Centre. APR will contribute to Phase 2 of the initiative which seeks to incorporate more data sources. (more…)
Gallant Venture has partnered with Obayashi Corporation – one of Japan’s largest general contractors – to pilot a technologically-advanced eco-tourism focused greenhouse on Bintan island, Indonesia. This was announced at the Joint Development Agreement Signing Ceremony held between the partners. PT Persada Hijau Cemerlang (PHC), a company owned by Gallant Venture and Salim Group, will work with Obayashi Corporation to fine-tune the latter’s pioneering technology to build the Gallant Obayashi Green Agritech Park – a greenhouse optimised for tropical climate using advanced environmental controls. (more…)
Singapore, 14 January 2020 – Gallant Venture has partnered Obayashi Corporation – one of Japan’s largest general contractors – to pilot a technologically-advanced eco-tourism focused greenhouse on Bintan island, Indonesia. This was announced at the Joint Development Agreement Signing Ceremony held earlier today between the partners. PT Persada Hijau Cemerlang (PHC), a company owned by Gallant Venture and Salim Group, will work with Obayashi Corporation to fine-tune the latter’s pioneering technology to build the Gallant Obayashi Green Agritech Park – a greenhouse optimised for the tropical climate using advanced environmental controls. (more…)
The Monetary Authority of Singapore (MAS) announced today that it has set up a US$2 billion green investments programme (GIP) to invest in public market investment strategies that have a strong green focus. This will help to support the Singapore financial centre in promoting environmentally sustainable projects and mitigating climate change risks in Singapore and the region. (more…)
Singapore has the attributes to be a leader in this emerging field where technology helps tackle environmental challenges
A key theme that came out of the discussions during TechInnovation at SFFxSWITCH (Singapore Fintech Festival x Singapore Week of Innovation and Technology) was that Singapore can play a leadership role in the field of innovation and sustainable development which looks at developing technology solutions to tackle the environmental challenges that the world faces.
Moderating a panel on Singapore’s role in this rapidly emerging field, Stefanie Beitien, Director, Partnerships, Eco-Business, a media platform for clean-tech and sustainable business, observed that there is an increased awareness and alignment for the need for joint corporate responsibility to achieve a sustainable future, and that “sustainability is a good catalyst for collaboration and creates business opportunities across sectors”. (more…)
