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1. Capabilities building partnerships

2. Bringing the solutions to suppliers for reducing their Scope 1 and 2 emissions which in turn reduce our Scope 3 emissions

3. We encourage data centre tenants to leverage the existing REC-bundled contracts to benefit from lower tariff rates, made possible through our group-signed PPA. This approach not only ensures cost

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Accelerate implementation of ESG projects 

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Accelerate implementation of ESG projects 

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Lend MNC creditworthy to suppliers to get more financing; helping to arrange blended financing

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Gathering emission data on leased vessels

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Gathering emission data on leased vessels

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As a logistics service provider, gathering data from other owners from whom we chartered vessels is a challenge as they are either not tracking or not keen to share data, which eventually we have to provide to our customers like Steel/Cement industries as their scope 3.

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Lack of credits,

Lack of understanding or awareness on credits

Verification or acceptance of specific carbon credits within the country of operation

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Include Scope 3 emissions as a requirement or an advantage in procurement policies

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disruption to supply chain if our suppliers are also not compliant with esg regulations and scope 3 tracking - as we are forced to move business away from them, we may have lack of options for suppliers

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Balancing what's realistic and the quality of data collected

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Imperfect action is better than perfect inaction

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Imperfect action is better than perfect inaction

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Try to simplify scope 3 calculations for SMEs.

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Near impossible for supplier to change due to high cost (ex: COE)

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How do you translate into business value and get buy in.

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Difficulties in collaborating upstream and downstream, and within the ecosystem.

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singapore government as well as governments globally (especially with global supply chains) are moving toward scope 3 reporting and management, and falling short of regulations may incur penalties and poor reputational image

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Develop a broad sustainability scorecard for suppliers, review at least annually the path achieved; better score result in higher orders; worst in lower orders

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MNCs giving out a checklist to SME suppliers for them to focus on those areas of measurements.

giving them an evaluation criteria gives them a way to know how sustainability gives them an edge to be chosen as an supplier

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Getting accurate data.

Getting emission factors.

Boundaries on an operational level.

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Many of us are from services - without actual manufacturing. Many of these solutions do not seem applicable. In Singapore there is a lot outsourcing, so reaching out to the suppliers down the tiers are more difficult.

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in 3-5 years, consumers especially the younger ones, may move business away from companies who do not clearly disclose their product carbon footprint

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Bringing innovative solution providers to SME suppliers to expose them to more decarbonization opportunities

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limited to suppliers that have ESG frameworks to record their emissions

they dont have enough choices of suppliers that is cost efficient

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potential employees are more and more looking for responsible companies to work for, and not managing supply chain emissions could deter younger and conscious people to join your company

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reduced access or increased costs to capital 

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reduced access or increased costs to capital 

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as more banks move toward green financing, if we do not track and manage our emissions, there will be higher barriers to financing and increased costs of borrowing

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giving low carbon alternative that makes business sense.

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Make connections eg. help the supply chain providers collaborate

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decarbonise the last mile delivery eg. EV

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lack of differentiation in procurement practices    

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lack of differentiation in procurement practices    

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lose businesses and clients as more businesses incorporate scope 3 and emissions tracking as part of their RFQs