Does The Planet Earth Mean The World To You?
UOB FinLab
Supporting businesses across ASEAN on their digitalisation and sustainability innovation journeys
When?FairPrice first announced last year?that they would begin to charge for plastic bags, I was half-expecting a massive outcry from family and friends. To my surprise, the responses that I got in return were mostly positive. “It’s been a long time coming!” exclaimed my best friend.?
He had been bringing his reusable tote bag for his grocery runs even before the COVID-19 pandemic began.
For many, the minor inconveniences of adopting sustainable practices – be it drinking through a metal straw or refusing single-use plastics, are justified by the sizable environmental benefits of doing so. The sustainability craze has infected family and friends alike. And you know what? I am all for it!
While it is easy for individuals such as you and me to adopt sustainable practices, the case for SMEs, however, is not as clear cut.
An increasing number of SMEs?understand the?importance of incorporating sustainable practices?to help drive business growth and remain compliant with sustainability standards. However, despite a strong commitment to going green, many SMEs still encounter difficulties in navigating this space.
Some of the biggest challenges include inadequate knowledge and support to onboard sustainable solutions.
Hence, the question remains:
How do SMEs gain affordable access to sustainable solutions and sustainability training, and get connected to a sustainability ecosystem for support?
(Click here to read on.)