Singapore extols 9 firms for leadership in sustainability
The Singapore Business Federation (SBF) this week honoured nine companies for their leadership role in sustainability innovations and operations. Singapore's Minister of State for Trade and Industry Teo Ser Luck presented awards in the categories of Sustainable Business and Green IT to local firms which have shown innovation in their long-term strategies to address sustainability, reported Eco Business.
The winners of the Sustainable Business enterprise awards were international logistics company DHL, Singapore-based environment industries company Sembcorp Industries and industrial developer JTC Corporation.
The minister said business leaders can no longer afford to ignore sustainability as a central factor in their companies' long-term competitiveness and that opportunities were growing rapidly in the clean technology industries as a result of this increased awareness. He also urged Singapore's sustainable business community to use the newly launched Singapore Sustainability Alliance to take advantage of green growth opportunities.
The winners were chosen from among 68 companies by a panel of judges led by KPMG, Frost & Sullivan and IBM.