SICC | Singapore International Chamber Of Commerce | Raffles Quay – The voice of international business in singapore
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29 SEP 2020  |  ISSUE 316

Dear Members and Friends,

Many of you know your Chamber was the first business association in Singapore to champion the circular economy. It is worth repeating. This Chamber has always been focused on the sustainability of the Singapore economy and the businesses which represent it.

Transitioning the economy to circular models of production and consumption is the only viable course of action to mitigate the effects of climate change and to save our planet and the human species. We call to this as Industrial Revolution 5.0 which needs to be every bit as transformative as its predecessors if we are to have a chance at a future.

It has been so encouraging to see the steps Singapore has been taking in recent years to reduce and manage waste, to save water and to protect the island from rising sea levels.

It gives me great pleasure to share with you the latest Position Paper from our Circular Economy Interest Group on Extended Producer Responsibility for Packaging in Singapore - a vital factor in achieving circular models of production. Please take the time to read it and to share your comments with me.

Yours faithfully
Victor Mills
Chief Executive
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