Understanding the Energy Management Maturity of Companies in Singapore

August 26, 2013 by  
Filed under Insights

Singapore’s Energy Conservation Act, which came into force on April 22 this year, requires companies to take steps toward managing their energy consumption and improving energy efficiency.

In light of this new legislation, Accenture, with support from the National Environment Agency, conducted a qualitative survey of 100 energy intensive companies in Singapore, with the aim of assessing the maturity of enterprise energy management practices.

The findings are now published in a report, Driving Energy Management Transformation: A study on energy management maturity of companies in Singapore.

Feature Finding: People-centred components of energy management are less mature

The key finding from the report identifies that most organisations in Singapore are relatively less mature in the ‘softer’ people-centric aspects of energy management in comparison to their technological capabilities. These include organisational structure, defining roles and responsibilities, aligning rewards and incentives, and managing skills and training. Read more

Waste Management and Recycling: Is Our Effort Going to Waste?

July 9, 2013 by  
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By Jovin Hurry

The Waste Management Symposium 2013 held on 2 July at Max Atria, Singapore Expo, got several participants to question whether what countries in the region have been doing in managing their waste is enough and impactful, given the increasing level of difficulty of inter-related waste issues in an overcrowded planet.

The experts threw around big numbers. The global industry of 4 billion tons of waste and 1.2 billion tons of household waste has a US$420 billion turnover. Around 10 million tons of plastics are floating as ocean litter. Nearly 70% of the growth of megacities is happening without proper urban planning. The World Bank estimates we need US$40 billion today to handle waste management.

The tough questions need to be asked. We need to define national strategies, responsibilities and required administration areas. Our economic models must be reviewed. We must check whether the technologies used are the right one. Can we be innovative in terms of funding? For example, climate change mechanisms can be looked at to fund waste management structures in developing countries, a point rightfully brought up by Mr. David Newman, President of the International Solid Waste Association. Read more

Summary of Mandatory Energy Management Under Singapore’s Energy Conservation Act

April 22, 2013 by  
Filed under Insights

The requirements for mandatory energy management under Singapore’s new Energy Conservation Act has come into force this Earth Day on 22 April 2013.

The Act requires large energy consuming companies to register with the National Environment Agency (NEA) and implement mandatory energy management practices. Companies are required to appoint an energy manager, monitor and report energy use and greenhouse gas emissions, and submit annual energy efficiency improvement plans. Read more

Singapore’s National Environment Agency Takes the Lead on Sustainability Reporting

April 16, 2013 by  
Filed under Insights

NEA CEO receiving award from MEWR Permanent Secretary

The National Environment Agency (NEA) of Singapore recently won the ‘Best First Time Sustainability Report’ award at the ACCA Singapore Sustainability Reporting Awards 2013. This award recognises NEA as the first public agency to take the lead in publishing its first Sustainability Report in 2012, in line with the Global Reporting Initiative (GRI) guidelines.

To coordinate and drive its sustainability initiatives and projects in the organisation, NEA set up a dedicated Sustainability Office in 2010. This shows the commitment of NEA’s management in integrating sustainability within the agency and its offices. Read more