Over 80% – or eight in 10 – of small- and medium-sized enterprises (SMEs) in Singapore were found to place environmental, social and governance (ESG) principles as a high priority in their business, says a survey conducted by DBS and Bloomberg Media Studios.
The inaugural survey was conducted among 800 SMEs across Singapore, Hong Kong, India, Indonesia, Mainland China and Taiwan in August.
According to DBS, the survey also found that climate change leading to a depletion in natural resources was a top issue among Singapore SMEs, with 85% of them surveyed stating that this was an issue that they wanted to address in the coming year.
