Sustainability: Singapore

April 2020

Singapore faces numerous sustainability challenges and its ranking is mediocre in the global Sustainability Index, due to high pollution and excessive dependence on energy and food imports. The city-state is also vulnerable to climate change, given that it is only 15.0 metres above sea level. Nevertheless, the country has the second-best food availability globally and performs well in the Water and Environmental Resilience pillars, with superior research and technologies used in water treatment.

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Overview:

The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.

Each Country Briefing covers one of these topics:

Economy, Finance and Trade: Understanding the structure, health and potential risks of an economy are important for decision-making within an existing operating environment as well as for expansion strategies. Real GDP growth, inflation and exchange rate fluctuations will directly impact consumer market potential. Import and export trade profiles help gauge how open an economy is to trade and investment, while analysis of government finances can be used to explore macroeconomic stability and susceptibility to economic shocks.

Income and Expenditure: Insights into income, wealth and expenditure of consumers are vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which products or services to market, and at which price point. Other factors such as the size and expansion of the middle class and income inequality are also important in helping companies gauge the potential of a country market.

Households: Global shifts in gender, ageing, migration and housing are transforming the size, location,  general make-up as well as income and expenditure of households around the globe, with diverse implications for governments and companies. Households insights can help identify the decision-making processes and consumption tastes of different household groups and types within a country, and assess household appliance and digital readiness that is key for formulating market technology and internet strategies.

Business Dynamics: A stable and competitive business environment is vital to operate efficiently and attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism, also gain insight into business operating environment and make strategic investment decisions. Transport infrastructure, ICT readiness and labour force dynamics will also identify potential issues with a supply chain and the level of workforce skills.

Sustainability: Insights on key sectors directly related to the environmental sustainability of a country such as energy, water, pollution, environmental resilience, forest and biodiversity and food and agriculture help businesses to make strategic decisions in relation to environmental and sustainability trends, improve brand reputation and ensure long-term operations while ultimately growing the bottom line.

The briefings cover 103 countries and identify topics of crucial interest to planners, marketers and researchers.

Sustainability: Singapore

HEADLINES

PROSPECTS

Singapore has limited options to make its energy significantly greener
Pollution remains one of the key challenges
Singapore’s forest and biodiversity availability to remain small, due to a dense population
Emerging as a global leader in water science and technology
Dependence on imported food to remain significant but food availability is the best in the region
High exposure to rising sea water level forces climate action

ENVIRONMENTAL SUSTAINABILITY INDEX

Chart 1 Environmental Sustainability Index Singapore Chart 2 Global Sustainability Ranking: Singapore Chart 3 Energy Ranking: Singapore Chart 4 Energy Availability Landscape in Singapore Chart 5 Energy Efficiency, Security and Equity Landscape in Singapore Chart 6 Pollution Ranking: Singapore Chart 7 Air Pollution in Singapore Chart 8 Waste and Water Pollution Landscape in Singapore Chart 9 Forest and Biodiversity Ranking: Singapore Chart 10 Forest and Biodiversity Landscape in Singapore Chart 11 Water Ranking: Singapore Chart 12 Water Availability, Equity and Security Landscape in Singapore Chart 13 Water Security and Efficiency Landscape in Singapore Chart 14 Food and Agriculture Ranking: Singapore Chart 15 Food and Agriculture Landscape in Singapore Chart 16 Role of Agriculture in the Economy of Singapore Chart 17 Environmental Resilience Ranking: Singapore Chart 18 Environmental Resilience Landscape in Singapore
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