SMEs spurring Singapore's green transition

By Grace Fu and Lim Ming Yan

Small and medium-sized enterprises (SMEs), which account for 99 per cent of enterprises in Singapore and employ 72 per cent of workers, have long played a central role in the country’s economic transformation. Their agility, nimbleness and creativity enable them to significantly advance innovation and build resilience in the economy.

In the same way, SMEs are set to be the driving force behind Singapore’s green transition. With investors and consumers increasingly becoming green-conscious, economies, governments and companies need to keep pace with this global shift towards sustainability in order to thrive and succeed.

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Thursday, 26 May 2022