How SMEs Can Align with the SG Green Plan 2030

To align with the Singapore Green Plan 2030, SMEs can integrate sustainability into their operations, strategy, and reporting in ways that are practical, grant-eligible, and measurable.

Here’s a strategic guide for SMEs:

🌱 Adopt Sustainable Business Practices

Green Plan Pillar: Sustainable Living, City in Nature

  • Switch to eco-friendly packaging, reduce single-use plastics, and source from certified green suppliers

  • Implement waste reduction programs and recycling initiatives

  • Educate staff on green habits (e.g. energy saving, water conservation)

SME Actions:

  • Use Finnex’s GSS Framework to assess current practices and integrate sustainability goals

  • Apply for Sustainability-related EDG Grant (up to 70%) to fund operational improvements

⚡ Improve Energy Efficiency

Green Plan Pillar: Energy Reset

  • Conduct energy audits and switch to LED lighting, energy-efficient appliances, or solar power

  • Consider green data centres and cloud platforms to reduce IT power use

SME Actions:

  • Tap on BCA’s Green Mark or Carbon Tax Readiness grants

  • Explore carbon footprint measurement with Finnex’s Decarbonization Roadmap

🚛 Green Your Transportation & Logistics

Green Plan Pillar: Resilient Future, Green Economy

  • Replace company vehicles with electric vehicles (EVs) or hybrids

  • Optimize delivery routes to reduce emissions

  • Encourage staff to cycle or use public transport

SME Actions:

  • Apply for LTA’s EV incentives

  • Include green logistics in your sustainability reporting

📊 Start ESG & Sustainability Reporting

Green Plan Pillar: Green Economy

  • Report on environmental performance, carbon emissions, and social impact

  • Align reporting to GRI, ISSB (formerly TCFD), and COSIRI if applicable

SME Actions:

🏢 Greening Your Supply Chain & Building

Green Plan Pillar: City in Nature, Resilient Future

  • Choose suppliers who follow green manufacturing

  • Upgrade to energy-efficient air conditioning, plumbing, and smart sensors

SME Actions:

  • Collaborate with landlords for Green Mark-certified properties

  • Consider retrofitting through government co-funding

💼 Build Green Capabilities

Green Plan Pillar: Green Economy

  • Upskill staff in ESG, carbon accounting, and circular economy

  • Establish an internal sustainability committee

SME Actions:

  • Enrol employees in Enterprise Sustainability Programme (ESP)

  • Develop internal sustainability KPIs and OKRs with Finnex’s Sustainability-related project

🧩 Strategic Fit: Green Plan 2030 × Finnex GSS Framework

                             Green Plan Pillar

Finnex GSS Alignment
Sustainable LivingOperations, HR Pillar
Energy ResetFinance, Operations Pillar
Green EconomyFinance, Marketing Pillar
Resilient FutureHR, Operations Pillar
City in NatureHR, Sales, Community Outreach

🚀 Take Action with Government Grants

Funding SupportCoverageSME Benefit

EDG Grant

Up to 70%Sustainability strategy, carbon audits, ESG reporting

ESP (Enterprise Sustainability Programme)

Training & toolsGreen capability building

Sustainability Reporting Grant (Listed Company/MNC)

Up to 30%, capped at S$150kESG reporting for MNCs & Listed Cos

📩 Need Help?

Let Finnex help you:

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