The Singapore Business Federation (SBF), a prominent entity in the business landscape, is headquartered in Singapore (SG) and serves as a vital advocate for the interests of the business community. Established in 2002, SBF has evolved to represent a diverse range of industries, focusing on key areas such as trade, commerce, and entrepreneurship. With a commitment to fostering a vibrant business ecosystem, SBF offers unique services including networking opportunities, business advisory, and advocacy initiatives that empower its members. The federation has achieved notable milestones, positioning itself as a leading voice for businesses in Singapore. Through its strategic initiatives and comprehensive support, SBF continues to enhance the competitiveness of its members, making it an indispensable resource for businesses aiming to thrive in a dynamic market.
How does Singapore Business Federation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Singapore Business Federation's score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, the Singapore Business Federation has not reported specific carbon emissions figures. However, the organisation is committed to significant climate action, aiming for Net Zero emissions for Scope 1 and Scope 2 by 2050. This commitment aligns with the goals of the Paris Agreement, which seeks to limit global temperature rise to 1.5 °C this century. In the near term, the Federation has set a target to reduce energy intensity by approximately 10% by 2025, using 2015 as the base year. This target applies to both Scope 1 and Scope 2 emissions, demonstrating a proactive approach to energy efficiency and sustainability. The Federation's climate initiatives reflect a strong commitment to science-based targets, although specific emissions data and reduction achievements are currently unavailable.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Singapore Business Federation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
