Eco-Business · 16 Oct, 10:35 · Business briefing

This year’s haze is set to cost Singapore more than 2015’s S$1.83 billion; who pays for the losses?

Recent reports indicate that Singapore’s current haze crisis is projected to incur economic losses exceeding the S$1.83 billion recorded in 2015.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

Recent reports indicate that Singapore’s current haze crisis is projected to incur economic losses exceeding the S$1.83 billion recorded in 2015. The escalating environmental challenge raises critical questions regarding financial responsibility for these substantial damages. Professionals must consider how regulatory frameworks and corporate liabilities will evolve to address such transboundary pollution events. The situation underscores the growing intersection of environmental policy and economic stability in the region, demanding a closer examination of who ultimately bears the cost of ecological degradation and its associated health impacts.

Employer demand for Sustainability management skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

You must adapt to a landscape where environmental risks directly impact business continuity and financial stability. Professionals in risk assessment, compliance, and sustainability will see increased demand as organisations scramble to mitigate liability and protect assets. You should sharpen your skills in regulatory analysis and crisis response to remain relevant. Focus on understanding the financial implications of environmental policies and develop strategies for resilient supply chains. Engage with sustainability frameworks and risk management protocols to advise stakeholders effectively. Prioritise learning how to quantify environmental risks and communicate them to executive teams. This shift demands that you proactively integrate environmental considerations into core business strategies, ensuring your expertise aligns with the emerging need for robust governance and adaptive planning in uncertain conditions.

For this story, the fields that convert it into pay are Sustainability management, Risk Management Strategies, Crisis Management and Compliance And Governance — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

Matched to this story

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