Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Tourism
• Circular Economy
• Climate Change
• Waste Reduction
• Resource Conservation

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• High resource consumption in the Middle East tourism sector.
• Vast amounts of waste generated.
• Absence of sustainability mandates for the industry.
• High carbon emissions from aviation.
• Lack of accountability in policymaking and the energy industry.
• Short tenure of government officials prioritizing tourism numbers over long-term development.
• Barriers created by the franchise model for hotels.
• High energy consumption due to hot climate and access to cheap fuel.
• Insufficient public demand for sustainability.
• Limited availability of local alternatives to imported goods.
• High food waste due to buffet culture.

Mitigation Strategies

• Investments in circular tourism to expand the sector, spur economic growth, and create jobs.
• Emphasis on economic opportunities of sustainable tourism to increase private-sector engagement.
• Leveraging mega-events to accelerate sustainable tourism agenda.
• Education to change mindsets and clarify misperceptions.
• Implementing circular practices to reduce emissions and waste.
• Developing systems for collecting data on key sustainability metrics.
• Third-party certification to measure impacts of sustainability initiatives.
• Localizing supply chains to minimize carbon emissions and enhance local benefits.
• Promoting longer and less frequent tourist stays.
• Reducing single-use plastics and increasing use of recycled plastic.
• Donating leftover food to organizations.
• Optimizing energy, water, and resource consumption.
• Switching to less energy-intensive modes of transport.
• Implementing green procurement policies.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritization of Qatari and regional suppliers (FIFA World Cup Qatar example)
• Green procurement policies

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Healthy Ageing
• Financial Health Literacy
• Social Structures for Healthy Ageing

Social Achievements

• Commissioned Economist Impact to conduct a study on public perspectives on healthy ageing in Singapore.

Climate Goals & Targets

Environmental Challenges

• 10-year discrepancy between life expectancy (84 years) and healthy life expectancy (74 years) in Singapore.
• Lack of confidence among respondents in maintaining good health, mental health, and finances in old age.
• Concerns about affording medical bills and nursing care costs, and exhausting savings due to unexpected health issues.
• Gaps between awareness and adoption of government health initiatives.

Mitigation Strategies

• Government initiatives to encourage healthier lifestyles (exercise, diet, etc.).
• Focus on improving financial literacy and promoting insurance plans.
• Expanding the role of Active Ageing Centres (AACs) to reduce senior isolation.
• Tailoring healthy living initiatives to the needs of localities and different communities.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 3: Good Health and Well-being

The report focuses on improving healthspan and healthy ageing in Singapore.