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SMF and Tuas Power boost SME sustainability efforts

Newsflash Asia

- April 16, 2025

The Singapore Manufacturing Federation (SMF) and Tuas Power have announced a strategic partnership to enhance sustainability initiatives among small and medium-sized enterprises (SMEs) in Singapore. This collaboration, unveiled on 16 April 2025, aims to provide SMEs with structured sustainability support, including access to certifications, green financing, and carbon offset opportunities.

Tuas Power is offering up to $2,200 (S$3,000) in credits to eligible customers who participate in SMF’s Chief Sustainability Officer-as-a-Service (CSOaaS) programme. This initiative is designed to lower the barriers to entry for SMEs embarking on their sustainability journey. The CSOaaS programme, offered by SMF’s Centre for Sustainability and Resilience, is a comprehensive one-year initiative that helps businesses establish baseline sustainability metrics and build roadmaps for future growth.

The funding provided by Tuas Power is tiered based on contract length and energy consumption. Existing customers with more than six months remaining on their contracts can receive $730 (S$1,000), whilst new sign-ups or renewals for 12, 24, or 36 months can access between $730 and $2,200 (S$1,000 and S$3,000). Eligibility requires a monthly energy usage exceeding 0.5MW (372 MWh/month).

Lennon Tan, President of SMF, expressed pride in the partnership, stating, “This project embodies how large corporations can use their platforms to uplift entire ecosystems, helping SMEs become more resilient and future-ready.”

This collaboration is significant as SMEs contribute approximately 47% to Singapore’s GDP. With the combined efforts of Tuas Power’s commercial network and SMF’s structured support, the partnership aims to create a ripple effect of green transformation across various industries. The initiative marks the beginning of a year-long partnership with aspirations for long-term impact and leadership in sustainable development.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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