Sustainability
Towards Sustainable Business
Since 2020, the French Chamber of Commerce in Singapore has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, the environment and anti-corruption.
We view sustainable businesses as businesses which create a positive economic, social and environmental impact, thus creating shared value. The French Chamber of Commerce in Singapore’s ambition is to accompany its members through advocacy, engagement, helping to accelerate progress and fostering collaborations.
The 4 pillars of this strategy are to:
- Offer expert events on sustainability and give access to knowledge to help all members towards becoming sustainable businesses
- Promote the expertise of our members in the field and foster collaborations with Singaporean entities
- Integrate sustainability as part of our services
- Become a sustainable chamber by integrating sustainability into our operations
Launched in 2015 by the United Nations, the 17 Global Goals aim to end poverty by 2030 while protecting our planet’s environment. We are at the start of the “decade of action”. To cut emissions, address climate change and inequality, businesses have stepped up to respond to the new reality of a changed climate. The sustainability revolution is already transforming our economies and the companies that drive them.
Singapore has pledged under the Paris Agreement to reduce its emissions by 36% below 2005 levels by 2030 and to stabilise greenhouse gas emissions with the aim of peaking in 2030. The city state has the ambition of pioneering a smart and sustainable city model and of moving towards a circular economy. It has set targets on increasing its overall recycling rate to 70% and to reduce 30% reduction of waste by 2030. With these objectives in mind, Singapore is counting on businesses to help build a resilient and sustainable Singapore.
The French Chamber of Commerce in Singapore believes that taking part in a sustainable future while promoting sustainable business is key to its mission. With it comes the possibility to make a more efficient use of limited resources, boost profitability, create well-paid and knowledge intensive jobs, take advantage of new enabling technologies and ultimately contribute to the growth of businesses and countries in a cleaner and healthier environment.
Discover more about our Commitment to Sustainability
Read our latest news and events on sustainability in Singapore
Companies news
Circonomy Partners with GK91 Bioeconomy and Soil Agro India Producer Company Limited, affiliated companies from Varhad Capital’s network, to Remove and Store 3000 tCO2e
Circonomy, climate tech startup based in Singapore, has signed Memoranda of Cooperation (MoC) with GK91 Bioeconomy and Soil Agro India Producer…
Companies news
Eurazeo completes the final closing of its New Smart City and Climate Investment Program at €400m and announces new investments for sustainable cities globally
Paris, July 18, 2023 Eurazeo announces the final closing of its Eurazeo Smart City Fund II * at €400m exceeding the initial target. Altogether 5…
Companies news
Interparfums commits to oceans protection alongside The Seacleaners
Reflecting its growing awareness of companies’ critical role in sustainable development, Interparfums has decided to strengthen its CSR approach by…
Analyses & Studies
How to set up the Energy Baseline for your asset portfolio KPI?
What is an Energy Consumption Baseline? A baseline serves as a point of reference or comparison for evaluating another value or situation. It allows…
Corporate social responsibility
MAS to scale up investment in climate transition programme
SINGAPORE – Singapore’s central bank has allocated about 2 per cent of its portfolio, or slightly over $8 billion, to a climate transition programme…
The Chamber
The French Chamber of Commerce in Singapore awarded Trophy for Best ESG/RSE Initiative by CCI France International
We are proud to announce that the French Chamber of Commerce in Singapore has been awarded the prestigious Trophy for Best ESG/RSE Initiative by CCI…
Companies news
Leveraging real-time data and digital twins to drive sustainability
Smart buildings have emerged as a major driver for sustainable infrastructure – enabling improvements in energy efficiency, occupant comfort, and…
Analyses & Studies
Singapore Business Carbon Report 2022
In the Singapore Business Carbon Report 2022 developed by UN Global Compact Singapore in partnership with EnterpriseSG and NEA, you can find out more…
Companies news
ISSB issues inaugural global sustainability disclosure standards
The International Sustainability Standards Board (ISSB) has today issued its inaugural standards—IFRS S1 and IFRS S2 —ushering in a new era of…
Analyses & Studies
Scope 3 emissions: challenges and solutions
Scope 3 emissions play a vital role in a comprehensive sustainability strategy for businesses. While Scope 1 and Scope 2 emissions encompass direct…
Companies news
CEO Sustainability Series |Arnaud Vaissié, Co-founder, Chairman and CEO, International SOS
As part of the Sustainable Business initiative, the French Chamber of Commerce in Singapore presents a leadership interview series where we…
Companies news
Schneider Electric teams up with Hyundai Motor Company
Schneider Electric announced its partnership with Hyundai Motor Group Innovation Center in Singapore (HMGICS) providing home charging solutions for…