New e-book on sustainable procurement will raise local suppliers’ competitiveness: Grace Fu – The Edge

April 25, 2024

Jovi Ho

19 April, 2024

SINGAPORE – A new e-book highlighting best practices in sustainability could help raise the competitiveness of Singapore’s suppliers, says Minister for Sustainability and the Environment Grace Fu. This comes ahead of the 2026 deadline for listed companies here to report their Scope 3 emissions, or the emissions from their supply chains. According to Fu, more organisations are setting net-zero goals and committing to reduce emissions across all levels, including their supply chain. “Suppliers that wish to do business with these organisations will need to provide greener products and services, or even disclose their carbon footprint. Suppliers that integrate sustainability into their business models and practices will enjoy a competitive edge.”

Read more here: https://www.theedgesingapore.com/news/environmental-social-and-governance/new-e-book-sustainable-procurement-will-raise-local.

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