Integrating nature and biodiversity into business practices is key to sustainable operations for Asean’s bioeconomy. However, the lack of pricing mechanisms and firmer regulations governing natural resources must see the region come together to address such challenges.
The 34-year-old company is under judicial management. It made a name for itself by recycling millions of red packets discarded during Chinese New Year and is one of Singapore's biggest paper recyclers.
The city's disposable tableware ban which comes into force today has spooked small retailers over the price of "sustainable" items. Limited composting facilities is another concern. But NGOs hail the territory for the scope and breadth of measures to cut plastic pollution.
There is a disconnect between brands' pursuit of decarbonisation targets and the provision of financing to their suppliers. Companies such as H&M are now working with banks in the region on new loan structures to support factory upgrades. Will that make a difference?