UOB’s Post

As TIGER 21 introduces its Singapore Groups, #Singapore Chair Hon Mun Yip, was recently featured in Portfolio Magazine Singapore’s “Forecast 2024: Worth the Risk” on the risks leaders in Singapore are ready to take on in 2024. He spoke on the importance of sustainability investments as well as the opportunity to facilitate conversations about risk and impact as a TIGER 21 Chair.  #SustainabilityInvestments #climatechange

As the recent hot and humid weather makes us find ways to stay cool and comfortable, it's a timely reminder that our choices impact the environment. However, SMEs may find complying with ESG sustainability regulations challenging, especially in the face of other obstacles that affect profits, like rising interest rates, cost escalation, supply chain uncertainty, and digital transformation.   Despite the challenges, there are opportunities for Singaporean SMEs to lead in their industries. Our recent findings show that only half of the companies in Singapore are aware of sustainable practices, with 41% planning to adopt them in the next 12 months. Let's take this as a chance to not only reduce our carbon footprint but also stand out as leaders in our industry by embracing sustainable choices. What measures are you adopting to comply with ESG regulations and adopt sustainable practices? Read more in our latest industry perspective article. This thought-leadership article was contributed by David Ng. Link in comments. ★ FOLLOW ★ to stay updated with industry-related reports, articles, and posts. #Singapore #ESG #sustainability #businesssustainability

Trend of sustainability is something that you can’t ignore. Study shows 30% of the top 2000 corporations in APAC will be monitoring ESG performance in 2023 following changes in APAC regulations. Digital Transformation may not as what you have known before. Organizations that want to stay on top of ESG policies and regulations will look at Sustainability-led Digital Transformation (SDX). Malaysia is tagged as one of the emerging leaders, where ESG regulations are getting more stringent over the years. So, are you currently riding on this wave? #sustainability #esg #greenit #digitaltransformation

(July 20, 4:00pm – 5:00pm) #AmChamREPRESENT Environmental, Social and Governance (ESG) principles are now an integral part of business strategy and relations. As multinationals are under increasing scrutiny to record and monitor their ESG impact, this means cascading reporting obligations to their SME vendors. Despite potentially increasing ESG obligations for SMEs, incorporating an ESG strategy into their business core may lead to new opportunities and chart more sustainable growth plans. Join AmCham and our panel of experts as they discuss the various challenges and opportunities that SMEs face in investing in ESG strategy, key first steps that SMEs can take towards integrating ESG principles, and how ESG can better help SMEs plug into opportunities. This event is made possible with the support from our Committee Sponsors Coca-Cola Beverages Singapore, Malaysia & Brunei, Gradiant and XCL Education. Speakers: JC Sekar, Co-founder & CEO, AcuiZen Technologies Singapore Sachin Gupta, CTO/Tech Advisor, Digital Solutions (Asia Pacific), Johnson Controls, Inc Jewel Myrtel Bautista, Director – Global Industry Practice Group, ESG & Climate Risk, Moody's Analytics Moderator: Keagan R., Director (Asia Pacific), Head of Sustainability as a Service, PwC Register here: https://lnkd.in/gjupaiSx

We had the privilege of hosting Adjunct Professor Paul W. Chan, President of the Malaysian Alliance of Corporate Directors, who shared his views on how professionals should be ambitious in driving industry changes. As sustainability, or ESG, becomes a global commitment, the compliance of SME businesses in the supply chain may be affected. The increasing global emphasis on sustainability fulfillment was reiterated by Professor Chan. Furthermore, I eagerly anticipate Professor Chan's comments on the need for professionals to embrace digitalization. Our focus should be on adding value to SMEs, while also possessing quality traits in both work and life. As professionals, we should not only provide compliance services for SMEs, but also recognize and utilize the potential they possess. It is crucial to think outside the box and avoid underestimating their value. #MalaysianAllianceofCorporateDirectors #WezmartConsulting #bpoSA360DigitalWorkspace #icomsec #GVCOIP

(July 20, 4:00pm – 5:00pm) #AmChamREPRESENT Environmental, Social and Governance (ESG) principles are now an integral part of business strategy and relations. As multinationals are under increasing scrutiny to record and monitor their ESG impact, this means cascading reporting obligations to their SME vendors. Despite potentially increasing ESG obligations for SMEs, incorporating an ESG strategy into their business core may lead to new opportunities and chart more sustainable growth plans. Join AmCham and our panel of experts as they discuss the various challenges and opportunities that SMEs face in investing in ESG strategy, key first steps that SMEs can take towards integrating ESG principles, and how ESG can better help SMEs plug into opportunities. This event is made possible with the support from our Committee Sponsors Coca-Cola Beverages Singapore, Malaysia & Brunei, Gradiant and XCL Education. Speakers: JC Sekar, Co-founder & CEO, AcuiZen Technologies Singapore Sachin Gupta, CTO/Tech Advisor, Digital Solutions (Asia Pacific), Johnson Controls, Inc Jewel Myrtel Bautista, Director – Global Industry Practice Group, ESG & Climate Risk, Moody's Analytics Moderator: Keagan R., Director (Asia Pacific), Head of Sustainability as a Service, PwC Register here: https://lnkd.in/gjupaiSx

(July 20, 4:00pm – 5:00pm) #AmChamREPRESENT Environmental, Social and Governance (ESG) principles are now an integral part of business strategy and relations. As multinationals are under increasing scrutiny to record and monitor their ESG impact, this means cascading reporting obligations to their SME vendors. Despite potentially increasing ESG obligations for SMEs, incorporating an ESG strategy into their business core may lead to new opportunities and chart more sustainable growth plans. Join AmCham and our panel of experts as they discuss the various challenges and opportunities that SMEs face in investing in ESG strategy, key first steps that SMEs can take towards integrating ESG principles, and how ESG can better help SMEs plug into opportunities. This event is made possible with the support from our Committee Sponsors Coca-Cola Beverages Singapore, Malaysia & Brunei, Gradiant and XCL Education. Speakers: JC Sekar, Co-founder & CEO, AcuiZen Technologies Singapore Sachin Gupta, CTO/Tech Advisor, Digital Solutions (Asia Pacific), Johnson Controls, Inc Jewel Myrtel Bautista, Director – Global Industry Practice Group, ESG & Climate Risk, Moody's Analytics Moderator: Keagan R., Director (Asia Pacific), Head of Sustainability as a Service, PwC Register here: https://lnkd.in/gjupaiSx