DBS and Deloitte Sustainability Accelerator ToolsIt aims to help Singaporean SMEs assess their sustainability maturity.
The tool provides industry-specific recommendations to enable companies to more effectively identify and address gaps in their sustainability efforts.
This tool is DBSMy role as a SkillsFuture Queen Bee is to help small businesses transition to greener business operations.
The tool is expected to support 1,000 SMEs in Singapore over the next year, with plans to expand to other regional markets in 2025.
A recent survey by DBS and Bloomberg revealed that only 37% of SMEs have a clear sustainability roadmap.
The Sustainability Accelerator tool addresses this gap by measuring maturity across four pillars: governance framework, sustainability strategy, risks and opportunities, and metrics and targets.
These are aligned with the globally recognised TCFD framework, ensuring transparent and comparable disclosures.
The tool offers in-depth industry-specific analysis, customized strategic recommendations and regional adaptability, making it a versatile resource for SMEs across Asia.
It also generates customized sustainability readiness reports, providing actionable insights and access to DBS’s ESG readiness program, including guidance from Deloitte’s experts.
“DBS is committed to providing the best possible service to our clients,” said Koh Kah Siong, group head of corporate and SME banking at DBS.
“The Sustainability Accelerator tool is the latest in our ongoing commitment to future-proofing small and medium-sized businesses through practical and holistic solutions.
Through this, we aim to help companies lead sustainability efforts and be their partners in the green transition.”
Brian Ho, Deloitte Southeast Asia Sustainability and Climate Leader, said:
“The Sustainability Accelerator Tool is unique in that it can provide meaningful, actionable guidance to small and medium-sized businesses.
We will leverage Deloitte’s sustainability transformation expertise to not only identify strengths and gaps, but also provide actionable recommendations to improve sustainability performance.”
