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UOB and EnterpriseSG launch sustainability-linked advisory, grants and enablers programme for SMEs

Khairani Afifi Noordin
Khairani Afifi Noordin • 2 min read
UOB and EnterpriseSG launch sustainability-linked advisory, grants and enablers programme for SMEs
The programme aims to simplify sustainability-linked financing solutions for SMEs, providing preferential loan rates from UOB. Photo: UOB
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UOB and Enterprise Singapore (EnterpriseSG) has launched the sustainability-linked advisory, grants and enablers (SAGE) programme targeted at small and medium-sized enterprises (SMEs).

The programme aims to simplify sustainability-linked financing solutions for SMEs, providing preferential loan rates from UOB for participating SMEs that achieved pre-agreed sustainability performance targets (SPTs). It involves a collaboration with service partners CDP, Convene ESG, M1, Paia Consulting, PwC Singapore and TÜV SÜD.

Under the SAGE Programme, companies can select from three “plug and play” options of predefined, sector-specific SPTs to obtain sustainability-linked financing from UOB. These SPTs have also been validated by a Second Party Opinion partner, Environmental Resources Management, to ensure credibility and alignment with the globally recognised sustainability-linked loan principles. 

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