Rising costs, consumer apathy and slowing climate action are holding Singapore’s SMEs back on sustainability – but for some, being green is a competitive edge that boosts the bottom line.
Reuse is a behaviour – and does not require investment, a waste expert said at the Cities: Possibilities event in Singapore. Others suggested that capital is needed to support reuse and refill systems in the fight against waste and pollution.
Companies with stronger plastic waste management strategies showed steadier revenues and cash flow, a report by Planet Tracker finds. Litigation costs across the plastics sector could exceed US$20 billion by 2030.