78% Singapore small businesses have lost business due to stringent emissions reporting compliance

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

52% of larger companies are affected, and 78% of small businesses in Singapore have experienced business losses due to compliance issues

A recent survey by Schneider Electric revealed the challenges business leaders face due to stringent emissions reporting requirements.According to The Edge Singapore, the survey involved 500 executives and highlighted a significant discrepancy in the impact on small and large enterprises.

In response, a significant majority of business leaders offer financial incentives, 74% extend access to expertise, and 28% provide training to assist suppliers in lowering emissions. Singapore’s real estate sector emerges as the most prepared, with 81% fully implementing the necessary technology and infrastructure. Conversely, sectors like engineering and education lag significantly, tied at 13% readiness.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines