Cora Environment commits $200m for waste-to-resource development

This funding commitment will support the city-state’s zero-waste goal.

Cora Environment, formerly known as SembWaste and Sembcorp Environment, has announced a $200m commitment to finance the enhancement of waste-to-resource and recycling capabilities.

According to the company, the $200m investment is anchored by a five-year strategic roadmap and will support the city-state’s transition towards a zero-waste future under the Singapore Green Plan 2030.

Amongst the project the investment will fund are upgrades of existing facilities and the launch of a new digital platform to provide customers with actionable sustainability insights through data analytics.

“Our integrated waste management capabilities uniquely allow us to redesign processes and deliver real solutions that support Singapore’s sustainability journey, to shape the future of waste management in the region and generate meaningful outcomes for our customers, the wider community, and the nation in line with the Singapore Green Plan 2030,” said Lee Kok Kin, group CEO of Cora Environment.

Cora Environment currently serves approximately 450,000 households and trade premises in the City-Punggol and Clementi-Bukit Merah sectors under the National Environment Agency’s Public Waste Collection Scheme, as well as a wide base of industrial and commercial clients across Singapore. Its owned and operated facilities include a material recovery facility and an energy-from-waste plant on Jurong Island.

“With a clear roadmap and strong foundation, Cora Environment is poised to play a pivotal role in Singapore’s zero-waste ambition and to shape the future of waste management across the region,” the company said.

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