Connect with us

Technology

Sustainability implementation in organisations is still a Work-in-Progress amid lack of training and employee uncertainty over organisation goals

Published

on

Only 6% of business leaders report that their organisation has completed at least one round of sustainability implementation. This is in comparison to 14% from NTUC LearningHub’s Special Report on Sustainability 2022. Employees perceive possessing the knowledge and skills necessary to understand and implement sustainability initiatives at the workplace (6% to a large extent, 55% to a moderate extent, 34% to a small extent).However, more than four in five business leaders say (15% strongly agree, 71% somewhat agree) that there is a gap in expertise and skill sets around sustainability in their organisation. In fact, only one in ten employees (11%) report that they attended sustainability-related training in the past year, while about half (46%) say they are unaware of the programmes available in the market.Despite nearly four in five business leaders (17% strongly agree, 63% somewhat agree) agreeing that their organisation has clearly communicated how employees can contribute towards the organisation’s sustainability goals, one in three employees (33%) are not confident of their organisation’s ability to effectively implement sustainability initiatives citing unclear sustainability goals (41%), insufficient budget allocated to sustainability initiatives (34%), and lack of sustainability training programmes (32%) as primary reasons.

SINGAPORE, Sept. 19, 2024 /PRNewswire/ — Although sustainability is a growing business priority, only 6% of business leaders report that their organisation has completed at least one round of sustainability implementation. This is in comparison to 14% from NTUC LearningHub’s Special Report on Sustainability 2022. Nevertheless, a positive outlook remains as nearly three quarters of business leaders (72%) share that their organisation will begin its sustainability journey within the next five years or more, marking a 6% increase from the 2022 report.

Employees perceive possessing the knowledge and skills necessary to understand and implement sustainability initiatives at the workplace (6% to a large extent, 55% to a moderate extent, 34% to a small extent). However, more than four in five business leaders (15% strongly agree, 71% somewhat agree) say that there is a gap in expertise and skill sets around sustainability in their organisation where they seek skills like climate change sustainability (30%), environmental management system framework or policy (29%), risk management (29%), sustainability risk and impact assessment (29%), and Environmental and Social Governance (28%).

These are some of the key findings from NTUC LearningHub’s Sustainability for Business Resilience Report 2024, which investigates sustainability as a business imperative, the current state of sustainability efforts in organisations, and the critical role of training and certifications. Based on survey involving over 150 business leaders and 350 full-time working professionals, the report also highlights the in-demand job roles and skills that inform and shape individuals’ career progression while strengthening the business’ resilience.

While nearly a third of business leaders (30%) report having sent their employees for sustainability-related training in the past year, only one in ten employees (11%) report attending sustainability-related training and about half (46%) are unaware of the available programmes in the market. This occurs while both business leaders and employees express similar concerns over training.

When sending employees for training, business leaders grapple with employees being too busy with work to attend training (43%), difficulty in identifying industry-recognised courses (39%) and relevant external training providers or centres (32%), insufficient budget for training programmes (36%), and resistance to change among employees (35%). Meanwhile, employees cite being too busy with work to attend training (43%), training programmes not being fully funded by their company (29%), having no one to cover their work while they are away for training (28%), uncertainty about their skills gaps (28%), and limited in-house training programmes offered by their organisation (27%) as key challenges.  

Although nearly four in five business leaders (17% strongly agree, 63% somewhat agree) agree that their organisation has clearly communicated how employees can contribute towards the organisation’s sustainability goals, both groups have differing views on the top motivators for sustainability initiatives implementation. Employees report the top three motivators to be cost savings (46%), complying with rules and regulations (44%), and responding to market demand (36%). On the other hand, business leaders cite responding to market demand (54%) as the primary driver, followed by achieving cost savings (49%), and managing risks (43%).

Moreover, one in three employees (33%) lack the confidence in their organisation’s ability to effectively implement sustainability initiatives, citing unclear sustainability goals (41%), insufficient budget allocated to sustainability initiatives (34%), and lack of sustainability training programmes (32%) as primary reasons.

Commenting on the report’s findings, Mr Tay Ee Learn, Chief Sector Skills Officer, NTUC LearningHub, says, “The findings suggest a possible disconnect between business leaders and employees, likely stemming from a lack of common understanding and therefore shared goal in the journey to implement sustainability initiatives within organisations. Transparent communication is key, but organisations must first develop a clear sustainability roadmap with defined goals to ensure everyone is aligned. This involves prioritising workforce training and development to prepare employees for new and refreshed green roles. Leveraging resources like the NTUC Awareness, Resources, Community (ARC) Framework, which offers sustainability solutions to employers while facilitating the training of their workers, can help organisations address their challenges. Investing in the development of their human capital will go a long way to reassure the workforce that they are valued, allowing both organisations and workers to remain competitive in a dynamic landscape.”

To download the Sustainability for Business Resilience  Report 2024, please visit https://www.ntuclearninghub.com/media/research-reports/2024/Sustainability. To find out more about the courses, training, and grants, please contact NTUC LearningHub at www.ntuclearninghub.com

About NTUC LearningHub

NTUC LearningHub is the leading Continuing Education and Training provider in Singapore which aims to transform the lifelong employability of working people. Since our corporatisation in 2004, we have been working with employers and individual learners to provide learning solutions in areas such as Infocomm Technology, Generative AI & Cloud, Healthcare, Retail & Food Services, Employability & Literacy, Business Excellence, Workplace Safety & Health, Security, Human Resources & Coaching and Foreign Workers Training.

To date, NTUC LearningHub has helped over 29,000 organisations and achieved more than 2.6 million training places across more than 2,900 courses with a pool of about 900 certified trainers. As a Total Learning Solutions provider to organisations, we also forge partnerships to offer a wide range of relevant end-to-end training. Besides in-person training, we also offer instructor-led virtual live classes (VLCs) and asynchronous online learning. The NTUC LearningHub Learning eXperience Platform (LXP) — a one-stop online learning mobile application — offers timely, bite-sized and quality content for learners to upskill anytime and anywhere. Beyond learning, LXP also serves as a platform for jobs and skills development for both workers and companies.

For more information, visit www.ntuclearninghub.com.

Press Contact

Gabriel J. Tan
Senior Executive, Public Relations
Email: gabriel.tan@ntuclearninghub.com 

Vaiishnavi Karnan
Senior Executive, Public Relations
Email: vaiishnavi@ntuclearninghub.com 

Zulaikha Zulkiflee
Manager, Brand & Communications
Email: zulaikha@ntuclearninghub.com 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/sustainability-implementation-in-organisations-is-still-a-work-in-progress-amid-lack-of-training-and-employee-uncertainty-over-organisation-goals-302252598.html

SOURCE NTUC LearningHub

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Singapore’s Sodion Energy Secures MWh Supply of US Developed Advanced Sodium-Ion Batteries from UNIGRID

Published

on

By

SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Sodion Energy, a leading provider of sodium-ion batteries for e-mobility and integrated energy storage solutions in Southeast Asia, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.

This collaboration strengthens Sodion Energy’s ability to address the region’s rising demand for affordable, eco-friendly, and high-performance battery solutions across mobility and energy storage sectors.

“Our collaboration with UNIGRID is a game-changer,” said Dr. CC Hang, Chairman of Sodion Energy. “These next-generation sodium-ion batteries will allow us to tackle key markets, starting with lead-acid battery replacements in e-mobility and extending into large-scale renewable energy projects and grid stabilization initiatives.”

Sodium-ion batteries offer distinct advantages, including cost-efficiency, enhanced safety, and the use of abundant raw materials, making them a sustainable choice for energy storage. With fast-charging capabilities and intrinsic non-flammability, they are exceptionally suited to Southeast Asia’s tropical climate and rapidly growing energy needs.

With a strategic focus on advanced battery technologies, Sodion Energy is poised to play a key role in driving Southeast Asia’s transition to cleaner, safer, and more sustainable energy solutions.

Website: https://sodione.com

Follow us on LinkedIn: Sodion Energy

About Sodion Energy

Headquartered in Singapore, Sodion Energy is an applications engineering leader driving the commercialization of Sodium-ion batteries across Southeast Asia. SE’s sodium-ion pack solutions are tailored to meet the diverse needs of industries such as mobility and energy storage, contributing to a more sustainable future.

View original content:https://www.prnewswire.com/apac/news-releases/singapores-sodion-energy-secures-mwh-supply-of-us-developed-advanced-sodium-ion-batteries-from-unigrid-302347661.html

SOURCE UNIGRID and Sodion Energy Pte. Ltd

Continue Reading

Technology

AirCheck Australia & New Zealand Renamed as RCS MEDIA MONITORS

Published

on

By

SYDNEY, Jan. 13, 2025 /PRNewswire/ — AirCheck, a leading provider of broadcast monitoring services in Australia and New Zealand is pleased to announce its renaming as RCS MEDIA MONITORS, effective immediately.

AirCheck monitors songs and commercials providing almost real time reporting tools for radio and television broadcasters, music media, record companies, advertising agencies and industry analysts.

This change reflects the company’s growth, expanded service offerings, and a strengthened focus on providing comprehensive media intelligence.

The new name, RCS MEDIA MONITORS, builds on the expertise of its parent company, RCS, to offer enhanced monitoring solutions. By integrating RCS’s global technology and resources, the company will provide clients with a broader range of tools for tracking and analysing media campaigns across a variety of platforms and markets.

“We’re excited to take this step forward,” said Philippe Generali, President and CEO of RCS Global. “The rebranding to RCS MEDIA MONITORS allows us to expand our reach and improve our services, giving clients access to deeper insights and a wider array of media monitoring tools. With RCS’s support, we can offer more robust data and solutions that cover not just broadcast, but also digital and emerging media channels.”

The name change signals the company’s commitment to evolving with the changing media landscape. With RCS MEDIA MONITORS, clients can expect the same reliable monitoring services they’ve trusted for over 20 years in Australia and 15 years in NZ.

www.rcsmediamonitors.com.au

About RCS MEDIA MONITORS

RCS MEDIA MONITORS (formerly AirCheck) is a leading provider of broadcast monitoring and media intelligence solutions in Australia, New Zealand and India. The company helps clients across industries optimise media strategies, measure performance, and gain insights from a wide range of traditional and digital media. RCS MEDIA MONITORS is part of RCS, a global leader in broadcast automation and media technology.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aircheck-australia–new-zealand-renamed-as-rcs-media-monitors-302347810.html

SOURCE RCS MEDIA MONITORS

Continue Reading

Technology

iM Global Partner mourns the passing of Philippe Uzan

Published

on

By

PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

 

 

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

CONTACT: media@imgp.com

 

 

SOURCE iM Global Partner

Continue Reading

Trending