78% Singapore small businesses have lost business due to stringent emissions reporting compliance

A recent survey by Schneider Electric revealed the challenges business leaders face due to stringent emissions reporting requirements.According to The Edge Singapore, the survey involved 500 executives and highlighted a significant discrepancy in the impact on small and large enterprises.

In response, a significant majority of business leaders offer financial incentives, 74% extend access to expertise, and 28% provide training to assist suppliers in lowering emissions. Singapore’s real estate sector emerges as the most prepared, with 81% fully implementing the necessary technology and infrastructure. Conversely, sectors like engineering and education lag significantly, tied at 13% readiness.

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