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Power Your Business Sustainably Through Solar Energy

The Logistics & Supply Chain Management Society

Singapore is among the 80-odd countries that have set net-zero targets that are to be reached mostly by 2050. Singapore has also embraced solar energy, having multiplied its solar capacity by more than seven times since 2015. Cache Logistics Trust, Singapore. Businesses can reap many benefits from solarising their buildings.

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COP26: 5Zs that changed the world part 2

The Logistics & Supply Chain Management Society

The sector took a seat at the table and participated in concrete initiatives, like the two zero (2Zs) emission initiatives, namely the Global MOU for ZE-MHDVs for zero emission new vehicle sales and the Clydebank Declaration for specific zero emission maritime shipping corridors. If we look at the commitments for 2030, that number goes to 2.4

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World Shipping Body Toughens Their Emissions Targets

Logistics Viewpoints

The International Maritime Organization (IMO) adopted tougher greenhouse gas emission targets for the global shipping industry on Friday. The IMO is a United Nations agency responsible for creating a regulatory framework for the global shipping industry. This is a practice where a ship uses a state’s flag without its knowledge.

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The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping. Pharmaceutical manufacturer Amgen built a new biomanufacturing plant in Singapore that uses 70% less carbon than traditional facilities.

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How Southeast Asian manufacturers can use ERP to realign the supply chain

SYSPRO Smarter ERP

To further diversify supply chains , Singapore also established the SG+ twinning model, where businesses can take advantage of dual production locations with its close neighbours including Johor in Malaysia; and the Batam, Bintan and Karimun islands in Indonesia. Top leadership support for Industry 4.0.

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

This last item, rules of origin (ROO) is particularly significant as it means that a product can be shipped at the most preferential tariff rate to any of the 15 RCEP markets as long as it contains content produced in any one of these countries. RCEP Benefits for Singapore, according to the country’s Ministry of Trade and Industry.

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