Professor Ang Hak Seng, Director, Centre of Excellence for Social Good, SUSS (seated, right), signed the memorandum of understanding with Mr Dennis Lee, Partner and Deputy Leader for ESG Practice, RSM (seated, left), witnessed by Ms Grace Fu, Minister for Sustainability and the Environment (back row, centre), Mr Derek How, RSM Partner & Head, CPA Practice (back row, left) and SUSS President, Professor Tan Tai Yong (back row, right).

The Singapore University of Social Sciences (SUSS) and leading professional services firm RSM have partnered to empower SMEs in sustainability. The partnership aims to help SMEs integrate environmental, social, and governance (ESG) practices into their business models and operations.

The partnership will focus on three key areas:

  • Joint research on the impact of sustainability and ESG performance on SMEs.
  • Development of frameworks, case studies, and guidelines for SMEs to better incorporate sustainability into their business models.
  • Training programmes tailored for SMEs to enhance their capabilities and make knowledge more accessible.

“With the roll-out of efforts under the Singapore Green Plan 2030, SUSS recognises the need to provide greater support to SMEs on their sustainable transformation journey,” said Professor Tan Tai Yong, SUSS president.

“This partnership with RSM demonstrates our commitment to fostering greater synergy with industry partners, providing tailored applied learning opportunities to upskill our SMEs.

“By equipping the SME community with the necessary tools, knowledge, and guidance to navigate the ESG landscape, we hope to smoothen the journey for SMEs to embrace sustainable practices and contribute to a better future for everyone.”

“Companies beginning their ESG journey can be overwhelmed by the information available today,” said Dennis Lee, partner and deputy leader for ESG practice at RSM.

“However, business owners should not be fazed and can begin by taking incremental steps to kick-start their ESG journey. As the backbone of Singapore’s economy, the collective efforts of SMEs will have a big impact towards tackling climate change and nurturing the green economy.”

SUSS and RSM will work together to develop and deliver a comprehensive suite of sustainability solutions for SMEs. These solutions will be tailored to meet the specific needs of SMEs and will help them to navigate the complex ESG landscape.

The partnership between SUSS and RSM is a significant step forward in the effort to support SMEs in their sustainability journey. By working together, SUSS and RSM can equip SMEs with the knowledge and skills they need to become more sustainable and contribute to a more sustainable future for Singapore.

In addition to the partnership with RSM, SUSS is also offering a number of sustainability programmes and courses for SMEs. These programmes and courses are designed to help SMEs understand the importance of sustainability, identify opportunities for improvement, and implement sustainable practices.

For more information on the partnership with RSM or SUSS’s sustainability programmes and courses, please visit the SUSS website.


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