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DIRECTORY OF SINGAPORE PROCESS & CHEMICALS INDUSTRIES 2021/2022
INCREASING PROFIT THROUGH LOWERING EMISSIONS
The Singapore Green Plan 2030, a “whole-of-nation movement”, was unveiled by the Government on Feb 10 to advance the national agenda on sustainable development. ASPRI together with Carbon Pricing Leadership Coalition (CPLC) Singapore organised a sustainability-themed webinar titled “Increasing Profit Through Lowering Emissions” on 19 July 2021.
It was led by Dr Ryal Wun, Deputy Executive Director of the United Nations Global Compact Network Singapore (GCNS) and Managing Director of CPLC Singapore.
GCNS and CPLC Singapore work in collaboration with the National Environment Agency (NEA) and Enterprise Singapore (ESG) to help local companies lower emissions, facilitate business matching and internationalise.
Among the key takeaways from the webinar were:
• The business case for lowering emissions is becoming increasingly apparent.
• Locally and globally, more companies are shifting towards lower-carbon operations and practices to capture new business opportunities in the emerging green economy.
• CPLC Singapore, together with NEA and ESG, will be launching LowCarbonSG: a nationwide programme that recognises companies for their efforts in tracking their emissions
• Tools and resources, such as the Carbon & Emissions Recording Tool (CERT) will be provided to help companies track their carbon footprint and identify operational savings.
• CPLC Singapore invites ASPRI members to be pioneer participants in LowCarbonSG, which will be officially launched in October 2021.
Mr Retna Vinod, Safety Manager of Vac-Tech Engineering Pte Ltd, shared with participants on the company’s LowCarbonSG journey. An ASPRI member, Vac-Tech is a CPLC Singapore Partner and a pioneer participant in LowCarbonSG.
“LowCarbonSG provided
us with tools and guidance
to help us decarbonise more
effectively. The Carbon &
Emissions Recording Tool
(CERT) was useful in helping
us to track our emissions
and identify areas to make
our operations more energy-
and resource-efficient. As a
result, we have managed to
cut our diesel consumption by 5.6%, electricity usage by 2.6%, and water usage by 8%, while reducing operating costs.
Throughout this process, the CPLC Singapore team was helpful in answering
my queries and guiding me on how to use CERT most effectively to help my organisation. Vac-Tech Engineering is proud to be part of LowCarbonSG and contribute its part towards the Singapore Green Plan 2030,” said Mr Vinod.
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