We all know the importance of ESG by now, as previously featured on our blog post on “E” (Environmental) and “S” (Social) aspects of ESG. But out of all three letters in the acronym, the “G” is often overlooked, because it is viewed as not “directly” linked to sustainability or …
Understanding the ‘S’ in ESG
The ‘S’ or social aspect of ESG is a broad topic that involves understanding the relationship between a business and its internal and external stakeholders to help identify and address the social issues affecting a business. These social issues can affect an organisation’s interactions with its community as well as …
What is the ‘E’ in ESG?
What is ESG? ESG, as outlined by the United Nations, is a term used to highlight a company’s financial and non-financial interests that are primarily concerned with long-term sustainability and ethical impacts. ESG approaches are comprehensive and call for risks and strategic planning, measurable objectives and specialised data analysis. It …
Reduce, Reuse, Recycle: The essential features of waste management
Did you know that the 3R concept of Reduce, Reuse, and Recycle are the essential features of waste management? By 2030, the United Nations Department of Economic and Social Affairs (UNDESA) aims to substantially reduce waste generation through prevention, reduction, recycling, and reuse. It aligns with Target 12.5 of Sustainable …
One Global Women Empowerment
THE FUTURE IS WOMEN: It is the time to accelerate women’s participation in business, everywhere. Funding Societies | Modalku Group (FSMK) is proud to pledge our commitments towards accelerating women empowerment as part of the One Global Women Empowerment (OGWE). A program designed to bring together entities who support women …
Global Tiger Day: How Saving Tigers Helps Humans So Much More?
Tigers and their habitats provide vast benefits to the climate, people and wildlife. Throughout history they roam freely across Asia, and are seen in Asian cultural traditions. Sadly, wild tigers are now endangered and can only be found in 10 countries (4 in where FSMK operates), where their numbers have …
How Can the Sustainable Development Goals (SDGs) by the UN Save the Rainforests?
When you read a company’s sustainability strategy or report, you would notice that it refers to at least one of the 17 United Nations (UN) Sustainable Development Goals (SDGs). The UN developed this as a universal call to action for countries to work in global partnership with each other to …
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What is a Circular Economy?
As human beings adopt a more linear approach of “Take, Make, Dispose” in their daily life, it eventually, over time, contributes to the increase of environmental waste and pollution. In contrast, a Circular Economy is a solution framework that values resources to be innovatively reused, benefiting both consumers and the …
10 Ways on How We Can Fight Climate Change
In conjunction with this year’s Earth Day, let’s take a look at ten possible solutions to global warming and climate change. Climate change is an ever growing issue for the world. Climate action is listed as one of the 17 Sustainable Development Goals (SDG), indicating its importance and the urgency …
Why Green Financing is good for the environment and you as SME
It is no surprise the weather has become a little heavier, a little more humid, and a little more unbearable each day. The annual mean temperature in Singapore has increased from 26.9°C in 1980, to 28.0°C in 2020, according to the National Climate Change Secretariat. Air conditioning has now become …