Back to all events

Unlocking Sustainability: Carbon Management Essentials


Apr 17 2024, Wednesday04:00 PM - 06:30 PM (GMT +8:00) Kuala Lumpur, Singapore


32 Carpenter Street, 059911

, Singapore



An urgent imperative for carbon management has emerged across Europe and Asia, driven by robust regulatory measures to combat climate change. In Europe, the European Union (EU) mandates comprehensive carbon management strategies due to stringent emissions reduction targets, emphasizing renewable energy adoption, enhanced energy efficiency, and emissions trading mechanisms. The European Green Deal further intensifies the pressure, aiming to make the EU climate-neutral by 2050. Across Asia, various countries recognize the importance of aligning with international climate agreements, resulting in the implementation of strict regulations to curb carbon emissions.

Singapore exemplifies proactive measures, implementing policies to encourage carbon reporting and address climate change. The Carbon Pricing Act, effective since 2019, imposes a carbon tax on major emitters, motivating companies to monitor and reduce carbon emissions. The Energy Conservation Act mandates designated energy-intensive industries to report their energy use and efficiency improvement plans. Additionally, the Sustainability Reporting Guide by the Singapore Exchange encourages listed companies to disclose their environmental impact, including carbon emissions.

The urgency for carbon management is underscored by the need to comply with these regulatory frameworks, fostering a sustainable, low-carbon future, and contributing significantly to global climate change mitigation efforts.

However, many businesses, particularly Small and Medium Enterprises (SMEs), struggle with the concept of carbon reporting. The following key points address their concerns:

  1. Why Start Carbon Reporting and Management?: SMEs should engage in carbon reporting to comply with regulations, avoid legal consequences, and align with the growing demand for environmental responsibility. It also provides an opportunity for cost savings and operational efficiency, contributing to long-term sustainability.

  2. Various Frameworks: The EU's regulatory framework, including the European Green Deal and emissions trading mechanisms, guides comprehensive carbon management strategies. In Singapore, frameworks such as the Carbon Pricing Act, Energy Conservation Act, and the SGX Sustainability Reporting Guide provide structured approaches tailored to the country's context.

  3. How to Start Carbon Reporting?: Initiating carbon reporting involves conducting a comprehensive carbon footprint assessment, identifying and quantifying emissions. Tools like the Greenhouse Gas Protocol provide a standardized approach. Collaboration with stakeholders and external experts is crucial for a well-informed approach.

  4. What's Next?: SMEs should focus on continuous improvement, adapting to evolving regulatory landscapes, and investing in innovative technologies and sustainable practices. Ongoing monitoring and reporting against carbon reduction goals are essential.

  5. Partners and Resources: External support from consulting firms, industry associations, NGOs, and technology providers can aid SMEs in their carbon reporting journey, offering guidance, resources, and streamlined technological solutions.

In conclusion, the urgency for carbon management, exemplified by Europe and Asia's regulatory frameworks, necessitates SMEs' active engagement in carbon reporting and management, supported by comprehensive frameworks and external resources.

The upcoming sharing is designed to provide businesses with invaluable insights and practical guidance on the often perplexing realm of carbon reporting and management. Our primary objective is to answer pressing questions that businesses commonly grapple with, offering a comprehensive understanding of the importance of initiating carbon reporting and management.

1. Presenting the Business Case: The sharing will kick off by sharing compelling business case for embarking on the journey of carbon reporting. By presenting a thorough analysis, we will outline the opportunities that can be seized through effective carbon reporting, ranging from enhancing corporate sustainability to unlocking new avenues for cost savings and operational efficiency. Simultaneously, the sharing will shed light on the risks associated with non-compliance, emphasizing the potential legal ramifications and reputational damage that businesses may face in the absence of a robust carbon reporting strategy.

2. Breaking Down Carbon Reporting and Management: A pivotal aspect of the workshop involves demystifying the concept of carbon reporting and management for businesses. We recognize the complexity that often surrounds these terms and aim to provide clear, concise explanations. Participants will gain insights into the fundamental components of carbon reporting, understanding how to identify and measure their carbon footprint. The workshop will also delve into the broader scope of carbon management, elucidating strategies for reducing emissions such as optimizing energy usage, and integrating sustainable practices into daily operations.

3. What's Next and Available Resources: Navigating the road ahead in the carbon reporting and management journey is a crucial focus of the workshop. Participants will receive guidance on the next steps in their individualized paths, whether it be refining existing strategies, setting new emission reduction goals, or staying abreast of evolving regulatory landscapes. Moreover, the sharing will illuminate the diverse array of resources available to support businesses in their carbon management endeavors. This includes technology solutions, industry-specific best practices, and partnerships with environmental consultants. By providing practical insights into available resources, this sharing aims to empower businesses to implement effective carbon management practices seamlessly.


Date: 17 Apr 2024, Wednesday
Time: 4:00 PM - 6:30 PM (GMT +8:00) Kuala Lumpur, Singapore
Location: 32 Carpenter Street, 059911


Speaker's Profile:

Ted Chen Chiu-Hao, Chief Executive Officer , Evercomm Singapore Pte Ltd
Ted Chen Chiu-Hao

Ted, honored as a Gen.T awardee and a Forbes 30 under 30 Asia luminary, is a global trailblazer in sustainability and public service. As CEO of Evercomm Singapore, he leads transformative agendas, collaborating with government agencies to drive industry shifts aligned with UN Major Group for Children & Youth, amplifying the next generation's voices. His technological acumen is evident through partnerships with industry giants like General Electric, PTT group, and Huawei, developing solutions for environmental impact mitigation. Recognized with the Singapore Energy Award, Ted's commitment to excellence is further underscored as a Barclays Unreasonable Impact Fellow, leveraging entrepreneurship for social good. His alma mater, Nanyang Technological University, has honored his accomplishments with Nanyang Outstanding Young Alumni Award. Ted embodies innovation, leading Evercomm to the forefront of the cleantech revolution in the Asia Pacific region.


B Corporation Pre Ltd SGInnovate