SBP310: Fundamentals of Sustainable Business Practices
Question 1
Chew’s Agriculture Pte Ltd (Chew’s Agriculture) operates a 20-hectare breeder farm in Singapore, producing high-quality fertile eggs for both meat and egg production. By using climate-controlled poultry houses, fully automated rearing systems, and 100% plant-based feed that is free from antibiotics and hormones and produced in-house, the farm ensures optimal conditions for its hens. State-of-the-art processing and strict selection guarantee that only the best eggs reach customers. As a local producer, Chew’s Agriculture offers a lower carbon footprint while upholding its promise to “Buy Safe, Eat Fresh,” supported by stringent certifications and safety practices.
Visit the company website to learn more.
https://www.chewsegg.com
Analyse how Chew’s Agriculture incorporates sustainability into its business practices. (25 marks)
Question 2
Chew’s Agriculture, a major egg producer in Singapore, has secured Singapore’s first sustainability-linked loan for an SME, a 10-year, SGD 27 million loan from DBS Bank. This financing is specifically for the construction of a new farm with larger cage-free facilities to ensure optimal conditions for its layer hens. A key feature of the loan is that Chew’s Agriculture will benefit from lower interest rates if it meets predetermined environmental, social, and governance (ESG) performance metrics, specifically by adhering to Humane Farm Animal Care (HFAC) standards. These standards encompass providing wholesome feed, appropriate environmental design, responsible livestock management, and skilled animal care, which contribute to both hen well-being and the production of more nutritious eggs. With 95% of its 500,000 daily eggs distributed locally, Chew’s is committed to renewing its HFAC certification, recognising the growing consumer demand for responsibly and ethically-farmed products. DBS views this as a significant step for SMEs in integrating sustainable business practices and expects more companies to advance their sustainability agenda through such incentive based financing.
Learn more by clicking the link below. https://www.dbs.com/newsroom/Chews_Agriculture_signs_Singapores_first_SME_s ustainability_linked_loan_with_DBS
Appraise Chew’s Agriculture’s new farm project through the lens of DBS by applying responsible investment principles. (22 marks)
Question 3
Chew’s Agriculture has launched a pioneering initiative to convert chicken manure, a by-product of egg production, into a nutrient-rich soil enhancer. Developed in partnership with an innovative technology provider, this project reduces waste, lowers carbon emissions, and advances sustainable farming practices. Traditionally, chicken manure has been costly to manage in Singapore, with conventional treatment methods contributing to greenhouse gas emissions. This new approach converts manure into a valuable, eco-friendly product that enhances soil quality and increases arable land productivity. The long-term benefits include reduced waste and pollution, lower greenhouse gas emissions, and healthier plant growth through decreased reliance on synthetic fertilisers. All of which support sustainable agriculture. With this initiative, Chew’s Agriculture demonstrates its firm commitment to sustainability while setting a benchmark for the broader agriculture industry.
Learn more by clicking the link below. https://www.chewsegg.com/post/cracking-the-code-on-sustainability-chew-sagriculture-s-waste-upcycling-initiative
Discuss how Chew’s Agriculture applies Circular Economy principles through its waste upcycling initiative. (18 marks)
SECTION B (25 Marks)
Answer ALL questions in this section.
Question 4
Demonstrate your ability to perform an oral presentation by preparing a presentation video on the topic “Chew’s Agriculture: A Pioneer in Sustainable Egg Production” using the insights from SECTION A. The video should be between 3 and 6 minutes in duration.
There are two methods for ECA video assignment submission: either Record Media or Upload Media. For Upload Media, please note that your file size should be no more than 500MB and the format is in .mp4.
(25 marks)
SECTION C (10 Marks)
Answer ALL questions in this section.
Question 5
Apply independent thinking and relevant skills to prepare a set of PowerPoint presentation slides that is based on the video presentation in Section B. Please note that the PowerPoint file must be converted to a PDF file before submission to SUSS (Canvas).
Sustainability Assignment Answers: Expert Answers on Chew’s Agriculture Case Study
Sustainability practices
An analysis of the Chew agriculture indicates that the business integrates sustainability in its business processes in a number of ways such as environmental sustainability using climate control poultry houses, economic sustainability by using local production which reduces transportation emissions, social sustainability by providing safe, fresh and traceable eggs, and through technology innovation by integrating fully automatic system to minimise waste.
Responsible investment
Chew follows the responsible investment principles through its DBS sustainability linked loan, as it is evident that Chew performs ESG integration which leads to compliance with humane farm animal care (HFAC) standards that promote ethical treatment and better nutrition. It also adheres to the principle of accountability and transparency and sustainability by supporting the construction of cage-free facilities and also encourages the adoption of green financing.
Circular economy principles
The circular economy concept is applied by Chew agriculture in its waste upcycling initiative in the form of resource recovery, closed loop system, emission reduction and sustainable innovation. Chew agriculture converts chicken manure into a soil enhancer that helps in turning the waste into a valuable agriculture input. It also minimizes landfill waste, and decreases greenhouse gases from manure decomposition. It encourages sustainable innovation by promoting regenerative farming practices that help in improving soil quality and crop yields.
| Disclaimer: This answer is a model for study and reference purposes only. Please do not submit it as your own work. |
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