, Singapore
533 views
Photo from UOB

UOB and EnterpriseSG launch sustainability-linked financing programme for SMEs

The programme will help SMEs reduce sustainability-linked costs by 85%.

UOB and Enterprise Singapore (EnterpriseSG) launched a Sustainability-Linked Advisory, Grants and Enablers (SAGE) Programme for small and medium-sized enterprises (SMEs).

The program simplifies sustainability-linked financing for SMEs, offering UOB preferential loan rates to SMEs meeting pre-agreed sustainability performance targets (SPTs).

The programme collaborates with sustainability partners CDP, Convene ESG, M1, Paia Consulting, PwC Singapore, and TÜV SÜD, enabling SMEs to join a unified initiative with predefined SPTs.

Under the SAGE Programme, companies can select from three “plug and play” options of predefined, sector-specific SPTs to obtain sustainability-linked financing from UOB. 

The SPTs, validated by Environmental Resources Management, target three main areas: GHG emissions reduction, management systems certification, and ESG rating enhancement.

With UOB's preferential pricing through its sustainability partners and Enterprise Singapore's support, SMEs can cover up to 85% of costs for ESG digital platforms, advisory and assurance services for GHG inventory, ISO management system certification, and improving ESG disclosures to meet SPTs.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.