Climate Change and Business 101

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On 4 May, more than 60 participants attended the Climate Change and Business 101 event to discuss the impact of climate change and how businesses can do their part for the environment.

 

The session started with a presentation by the representative from Ministry of Environment and Water Resources (MEWR), Mr Zhang Yifan. He shared with the audience on Singapore's current strategies to tackle climate change and our commitment to the Paris Agreement.

Thereafter, a lively and insightful panel discussion took place. Panellists include Mr Benedict Luo, Assistant Director, Energy & Climate Policy Division from MEWR, Mr Leow Beng Kwang, Senior Manager, Energy Efficiency & Conservation Department from the National Environment Agency, Mr Eric Leung, Corporate Facilities Director from ASM Technology Singapore and Mr Cheong Kok Onn, Utilities Manager from Glaxo Wellcome Manufacturing Pte Ltd. The panel discussion was moderated by Mr Wilson Ang, Executive Director of GCNS.

The panelists discussed the various ways an organisation can implement sustainable efforts to improve energy efficiency. The discussion also touched on how sustainability is often viewed as an increase in cost with a slow return. Another challenge that companies faced is convincing upper management that sustainable efforts are necessary and the roles business can take to fight climate change. Organizations should instead view it as a long-term business plan and as a forward looking initiative.

To conclude, the panel urged the audience to recognize that we are all interconnected and climate change is a rising threat to all. It is not an individual's responsibility to combat it, but a shared effort of businesses, communities and Government.

This event was organised in partnership with the National Environment Agency.