The Centre for Impact Investing and Practices (CIIP) and the Singapore Fashion Council (SFC) have signed a Memorandum of Understanding (MOU) to enhance supply chain sustainability in the fashion industry, focusing on micro, small, and medium enterprises (MSMEs). This collaboration, announced during Ecosperity Week 2025, aims to empower MSMEs to adopt Environmental, Social, and Governance (ESG) practices, thereby driving industry-wide resilience.
The MOU outlines the development of a sectoral plan, a resource guidebook, and a digital toolkit tailored for the fashion and textiles sector. These initiatives will be spearheaded by SFC, with CIIP providing insights from its recent report, “Transforming for Sustainability: Driving Impact and Value through Supply Chain Action.” The report, based on a survey of over 3,500 MSMEs and interviews with 85 organisations across Asia, identifies key barriers and enablers for sustainable supply chain practices.
Dawn Chan, CEO of CIIP, emphasised the importance of supporting MSMEs, stating, “Their growing interest in ESG signals a real opportunity to unlock business resilience and long-term value.” Zhang Ting Ting, CEO of SFC, added, “By partnering with forward-thinking organisations like Temasek Trust’s CIIP, we are bridging insight with implementation.”
The partnership seeks to provide MSMEs with practical tools to integrate sustainability into their operations, thereby strengthening resilience and competitiveness across supply chains. This initiative is expected to help businesses build more resilient, sustainable supply chains, positioning them to take advantage of future demand and opportunities.
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