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SBF, Bain & Co launch SME-focused decarbonisation programme, starting with food manufacturers

Jovi Ho
Jovi Ho • 4 min read
SBF, Bain & Co launch SME-focused decarbonisation programme, starting with food manufacturers
The eight-week programme will be expanded to support more SMEs and sectors to decarbonise, and aims to support up to 1,000 companies within five years. Photo: Bloomberg
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The Singapore Business Federation (SBF) and Bain & Company will provide Singapore’s small- and medium-sized enterprises (SMEs) with advisory services on decarbonisation, access to ecosystem partners like banks and a new sustainability reporting tool powered by artificial intelligence (AI).

Unveiled on Oct 3, the SME Sectoral Net Zero Transition Programme will first target local food manufacturers. The eight-week programme is designed to tackle the “unique challenges” faced by SMEs by providing a “cost-effective, scalable and action-oriented decarbonisation solution”, say the two parties. 

In addition to advisory and matchmaking services, participating SMEs will be offered access to the AI-powered DecarboniSME tool. It provides SMEs with sector-specific materiality assessments to identify relevant emission sources, and reportedly generates “chief sustainability officer-quality” sector-specific decarbonisation strategies, pathways and targets.

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