Sustainability is no longer a buzzword, but an environmental, economic and social driver that is changing our daily lives. In the business community, committing to sustainable practices is vital as the negative impacts of climate change have become more prevalent, with the potential to affect everything from supply chain to profitability.
To achieve sustainable development, the Singapore Green Plan sets bold targets to accelerate decarbonisation and sustainability efforts. Technology, including environmental technology, is shaping sustainability and enabling advanced levels of productivity, efficiency, resource and cost savings, all of which can help to minimise the impact on the environment.
Sustainability innovation is at the forefront of this transformation. Innovations in sustainable development are essential for creating long-term solutions that balance ecological health, economic growth, and social well-being; and it involves the integration of cutting-edge technologies and practices to address sustainability challenges effectively.
To enable enterprises’ sustainability journeys, IPI have curated technological innovations and co-creation opportunities in four areas: Circular Economy, Food Security, Green Energy and Emissions Management, and Sustainable Living: Health and Well-being. Enterprises can adopt these enabling technologies to develop unique products and services to boost their competitiveness and this highlight the importance of how sustainability innovation can achieve their long-term sustainability goals for a greener future.