42 Local Smes Graduate Cdl Led Supplier Decarbonisation Programme

by global ESG rating firm CDL is proud to announce that 42 SMEs have graduated from the first batch of the SME Supplier Decarbonisation Queen Bee Programme. This pioneering programme is a collaboration between CDL, Enterprise Singapore, Global Green Connect, carbon accounting IT solution providers, with DBS as the programme financier partner. It aims to equip small and medium-sized enterprises (SMEs) with the knowledge, tools, and digital platforms to measure, manage and reduce their carbon emissions. CDL is proud to be the first real estate company in Singapore to lead this type of programme specifically for SMEs.The graduation ceremony, which took place on October 7, was a celebration of the success of the SME Supplier Decarbonisation Queen Bee Programme at City Square Mall, Singapore Sustainability Academy. The ceremony was officiated by Low Yen Ling, Senior Minister of State for Trade and Industry and Culture, Community and Youth. Sherman Kwek, Group CEO of CDL, also attended the event.Read also: SISV hosts 32nd Pan Pacific Congress tackling sustainability in real estateCDL is pleased to announce that 42 SMEs have graduated from its SME Supplier Decarbonisation Queen Bee Programme. (Picture: CDL)Among the companies that successfully completed the inaugural course are various industry leaders such as V-Plus Agritech, a Singapore-based agriculture-technology company, Gush, a firm producing sustainable paints, GasHub, a local energy provider business, Kai Xiang Huat, a B2B fruit wholesaler, Meta Fusion, a design agency, and SAS M&E, a turnkey contractor in air-conditioning and mechanical ventilation. This diverse group of businesses showcases the potential of SMEs to contribute to Singapore’s decarbonisation journey, with the support of initiatives such as CDL’s programme.The launch of this programme coincides with the implementation of mandatory sustainability reporting standards in Singapore, which require the largest listed companies to report on Scope 3 value chain emissions from FY2026 onwards. However, with the timeline for large non-listed companies to implement Scope 1 and 2 greenhouse gas (GHG) emissions deferred to FY2030, Low Yen Ling, Senior Minister of State for Trade and Industry and Culture, Community and Youth, acknowledged the need to provide SMEs with sufficient time to build up their capabilities for accurate and credible disclosures.“We want climate reporting to be meaningful to all stakeholders and not just to tick the boxes,” she said.AdvertisementAdvertisementThe event also saw the launch of the CDL MicroFarm on the sixth floor of City Square Mall. This urban farm utilises hydroponic technology to grow microgreens, which will be served at City Square Mall’s food court, Bricks World Café. This initiative is part of CDL’s commitment to supporting sustainable food systems and reducing the carbon footprint of its supply chain.In Singapore, SMEs make up 99% of local enterprises, hire 70% of the local workforce, and contribute 40% of the country’s GDP. As a result, it is crucial to strengthen their sustainability capabilities to achieve Singapore’s net-zero ambition under the national Green Plan 2030. SAS M&E, a turnkey contractor in air-conditioning and mechanical ventilation, identified significant downstream emissions from its after-sales support, which accounted for over 30% of its total GHG emissions. SAS M&E has since invested in technologies to recover and recycle these fugitive gases.However, SMEs still face challenges in navigating decarbonisation due to their limited resources, manpower, and expertise. For example, Kai Xiang Huat, a B2B fruit wholesaler, highlighted the difficulties of implementing green solutions as a small business with limited resources and no owned property. Through financial subsidies, expert coaching, and innovative digital platforms, CDL’s programme makes decarbonisation practical and achievable for SMEs.“In today’s highly competitive economy, SMEs who show capacity for carbon reporting will stand out as preferred suppliers,” said Sherman Kwek, Group CEO of CDL.CDL also announced plans to launch an abridged version of the programme, the CDL Queen Bee Compact: Accelerating SME readiness for a low-carbon future. This condensed course aims to kickstart sustainability leadership and equip SMEs with essential capabilities, including developing climate-related reports to stay ahead of growing client procurement requirements. This new initiative will support SMEs in building their capabilities and staying ahead of the curve in the ever-evolving landscape of sustainability.

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The Woodlands Regional Centre is in the midst of a significant transformation that will bring about a wide range of retail, lifestyle, and recreational options. With the development of new commercial complexes, office spaces, and shopping malls, this regional hub will become easily accessible through the North-South MRT line. This will greatly benefit residents of Sembawang Road EC, as they can now enjoy an enhanced and convenient lifestyle without having to travel far. The presence of more amenities in close proximity also adds to the attractiveness of the EC for potential buyers or tenants, ultimately increasing its long-term value. Sembawang Road EC will be a highly sought-after option for those looking for a well-connected and convenient living experience.