Maybank Singapore is myimpact SME programSmall businesses calculate their carbon emissions and report core environmental, social and governance (ESG) metrics.
Initiatives that utilize ESGpedia‘s online enabler tool is designed to help small and medium-sized businesses gain a competitive edge in addressing sustainability reporting requirements and securing sustainable financing and business opportunities.
The program is part of Maybank Group’s broader efforts across Singapore, Malaysia, Indonesia, the Philippines and Cambodia to provide SMEs with customized resources to strengthen their sustainability practices.
maybankin collaboration with ESGpedia, an Asian ESG data and technology company, provides an accessible way for small and medium-sized businesses to start their sustainability journey, even if they are new to ESG reporting.
This online tool allows companies to measure their environmental impact, create sustainability reports in accordance with international standards such as ISO14064, and contribute to a more sustainable future.
In addition to these features, the myimpact SME program provides customized financial and business advisory solutions to help small and medium-sized enterprises with their future business operations.
The program includes customized financing solutions, fee waivers such as loan application processing fees, device setup fees for electronic data capture (EDC) terminals, payroll processing fees, and access to networking events and workshops to help women start businesses. It also includes the HERpower initiative to support homes. To open up new business opportunities.
Maybank Singapore Country CEO Alvin Lee said:
“Maybank myimpact SME, as a collaborative ecosystem, is a key enabler for driving sustainable growth and innovation by providing tailored insights and guidance to address your specific needs and challenges. Masu.
By empowering businesses through building sustainability capabilities and partnering with SMEs on decarbonization efforts, SMEs can build resilient operations and remain competitive in an increasingly environmentally conscious market. can be maintained. We are very happy to work with a variety of partners who share our commitment to helping small and medium-sized businesses achieve their sustainability goals. ”
Benjamin Soh, Founder and Managing Director of ESGpedia, said:
“We are pleased to partner with Maybank to help small and medium-sized enterprises take their first steps towards sustainability through the Maybank myimpact SME ecosystem.
ESGpedia’s online enabler tool allows SMEs to calculate their carbon emissions and report core ESG indicators in line with SGX requirements and international frameworks to demonstrate their sustainability efforts and secure sustainable financing. Gain advantage in procurement and business opportunities. ”
Featured image credit: Edited from freepic