Registration for the Cost and Carbon Reduction Programme is now open for its 3rd cohort. The October 2025 run is open to three sectors: Manufacturing (including Food Manufacturing), Food Services, and Transport and Logistics.

Register here for Foundational Workshop (1 October 2025)
Register here for Advanced Workshop (12 November 2025)

To register for the Full Package, use the two links above and use a discount code for Advanced Workshop.

If you cannot join the upcoming run or are outside these sectors but are interested in future runs of the programme, please register your interest here.

SBF and Bain & Company has launched the Cost and Carbon Reduction Programme to help Singapore small- and medium-sized enterprises (SMEs) accelerate decarbonisation and realise material benefits.

Our programme is underpinned by a joint study by Bain & Company and SBF, 'Overcoming Barriers to Singapore SME Decarbonisation', Singapore's first large-scale survey on SMEs' decarbonisation efforts. The study surveyed nearly 500 SMEs across more than 20 sectors in Singapore between May and August 2024. Learn more about the key takeaways from the joint study in our press release.

Our programme is designed to tackle the unique challenges faced by SMEs by providing a cost-effective, scalable, and action-oriented decarbonisation solution powered by Gen AI and Bain & Company's deep decarbonisation expertise. It provides SMEs with end-to-end support offering distinct advantages:

1. Sector-specific focus - Participating SMEs learn from experts about decarbonisation levers most relevant to their industries, through structured and guided workshops which consider circumstances inherent to their sector and decarbonisation maturity.
2. Identify cost savings - SMEs can gain access to a detailed handbook of cost-saving levers, addressing specific cost-related pain points commonly experienced by their industries.
3. Unique AI-powered DecarboniSME tool - This provides SMEs with sector-specific materiality assessments (i.e. identify relevant emission sources), enables SMEs to understand their emissions baseline, and create "chief sustainability officer-quality" sector-specific decarbonisation strategies, pathways and targets with minimal expertise and effort (approximately 75% faster than the traditional processes). DecarboniSME also includes a chatbot which provides general decarbonisation support on a wide range of common enquiries.
4. Access to ecosystem partners - Matchmaking with network of sustainability-focused funding and green solution providers.
5. Ongoing advisory support - SMEs will receive continued guidance, such as on supplier evaluations, cost estimations, etc. from decarbonisation advisors. Check-ins with SMEs are scheduled two, four and six months after the final workshop.
   

The programme’s pilot run, designed to assist SMEs in the Food Manufacturing sector, was supported by Enterprise Singapore and the Singapore Food Manufacturers’ Association. Involving 21 food manufacturers which produce beverages to noodles, it was held from July to August 2024 and received strong positive feedback from participants.

Some key highlights include:

1. 80% of the participating SMEs established their emissions baseline for the first time.
2. SMEs identified company-specific levers to decarbonise, which could potentially reduce Scope 1 and 2 emissions by between 50% and 70%, increase EBIDTA margins by 4%-5%, and lower energy cost per unit by 40% to 50%.
3. The programme empowered the SMEs to set ambitious decarbonisation targets of 50% reduction to their Scope 1 and 2 emissions by 2030. This is timely given that SMEs in the pilot programme have an average carbon emission intensity that is twice the global average level.

Examples of initiatives that the participants have implemented include installation of variable speed drives, heat pumps, and air leakage monitoring. Participants valued the detailed insights into each initiative, which included capex costs, return of investments (ROI), and carbon reduction potential.

Following the successful pilot, Bain & Company and SBF aim to work with relevant Trade Associations and Chambers (TACs) and Enterprise Singapore to expand the programme to more sectors.

Programme Pricing

We offer flexibility on cost depending on which workshop(s) best suit the needs of the company, and how many participants each company wishes to send to the programme.

The Foundational Package is suitable for participants with no prior knowledge of decarbonisation. It comprises a Foundational Workshop and 2 hours of Advisory.

The Advanced Package is suitable for participants with knowledge of carbon accounting and have estimated Scope 1 & 2 emissions baseline for their company. comprises an Advanced Workshop, 2 hours of Advisory, and access to ‘DecarboniSME’ AI Tool.

The Full Package comprises is suitable for participants who wants the full experience. It comprises both the Foundational and Advanced Workshops, 4 hours of Advisory, and access to ‘DecarboniSME’ AI Tool.

The programme, typically valued at $10,000, is subsidised through government support and further modularised to meet the specific needs of each company. All prices are before GST.

Registration for the Cost and Carbon Reduction Programme is now open for its 3rd cohort. The October 2025 run is open to three sectors: Manufacturing (including Food Manufacturing), Food Services, and Transport and Logistics.

Register here for Foundational Workshop (1 October 2025)
Register here for Advanced Workshop (12 November 2025)

To register for the Full Package, use the two links above and use a discount code for Advanced Workshop.

If you cannot join the upcoming run or are outside these sectors but are interested in future runs of the programme, please register your interest here.

CONTACT US

For more information about the Cost and Carbon Reduction Programme and for assistance with the registration process, contact sophia.susanto@sbf.org.sg or +65 91887004.

For enquiries regarding SBF’s sustainability initiatives, or discussions on potential collaborations with us, please contact us via NetZeroHub@sbf.org.sg.