According to DBS, the e-book aims to identify the challenges that SMEs encounter across five key industries and highlight opportunities that can enable their shift to a low-carbon economy.
An e-book by DBS, the Catalysts of Sustainability, found that managing climate risk remains a priority among Asian companies. The findings were a result of an inaugural survey conducted among 800 small- and medium-sized enterprises (SMEs) across six markets in Asia in August 2022.
In the book, studies found that 83% of companies polled viewed environmental, social and governance (ESG) as a high priority and were willing to allocate about 20% of their budget within the next three years towards ESG projects. The figure was up from 18% currently.

