SINGAPORE - The events sector is looking to green its business by introducing strategies, standards and targets that cover areas like waste and emissions tracking, even as it recovers from the pandemic.
The first target is to develop a set of sustainability standards by 2023 that Mice industry players can readily apply, with a further aim to be internationally recognised by 2024. The third target is for the Mice industry to start tracking waste and emissions by 2023, reduce waste as aligned with the, and achieve net-zero emissions by 2050, in line with the national target.
Mr Tan shared that prior to the pandemic, the Mice industry supported more than 34,000 direct and indirect jobs with a value-add of almost $4 billion, or close to 1 per cent of Singapore’s gross domestic product . The Business Improvement Fund, for instance, supports projects that help tourism companies to upgrade their business or innovate.
“But the other issue we have with sustainability is that we need everyone to speak a common language… that’s where standards come in,” added Dr Koh.