HSBC is drawing on deep expertise with green businesses as it supports Sustenir’s growth agenda, says Alan Turner, Head of Commercial Banking at HSBC Singapore. “Over the years, HSBC has had the privilege of working with companies and industry experts to explore innovative ways in which finance can play its part in sustainability. With one of the largest business banking networks in Asia, we strive to be a driving force in this area, supporting businesses as they pursue sustainable and environmentally focused activities.”
Today, Sustenir is one of the key players supporting the Singapore government in its drive to produce 30 per cent of the country’s nutritional needs locally by 2030.
It is also pursuing its mission to bring sound nutrition and sustainable practices to more consumers around the globe, starting with those in other densely populated Asian cities.
“Our drive is to help more consumers reduce their reliance on imported food. We’re now exploring expanding production and distribution in other markets including Malaysia, Indonesia and Taiwan,” says Mr Swan.
At the same time, Sustenir plans to increase the produce varieties it grows and find a market for the indoor farming technology products it has developed, including a hire purchase model for its LED lighting system.
“As our expansion plans take shape, our dream of making a lasting, positive impact on the world is coming a little closer,” says Mr Swan. “We know we’d never have got this far without the great team of highly experienced people at HSBC, who have believed in our green vision since day one.”