EDB managing director Jacqueline Poh said that while many believe fossil fuel firms should not play a role in the sustainability solution, excluding them would be"a great disservice to the amount of ground" that needs to be covered.
"It's precisely some of the companies such as Shell, such as Exxon, who have been deep into the space of energy production; who might be best placed to find a solution to issues such as carbon capture and storage and utilisation; who might be best placed to be looking at energy efficiency; might be best placed to be looking at hydrogen and other biofuels," she said.
HSBC Singapore chief executive Wong Kee Joo gave the example of the banking sector, which may have started out viewing fintech firms as rivals, only to realise that both could work together to develop solutions. The Straits Times editor Warren Fernandez, who is also editor-in-chief of SPH Media Trust's English, Malay and Tamil Media Group, warned of what he saw as forces driving and splitting societies in the opposite direction, away from collaborative advantage.
"We hear about polarisation in society, where the extremes are louder than the centre and the centre is struggling to hold. We hear about social bubbles and echo chambers," he said."The question, I think, for all of us - as business leaders, as community leaders, as parents, as individuals - is: What can we do to overcome that atomisation of society?"
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