Climate Change Data

Soilbuild Construction Group Ltd.

Climate Impact & Sustainability Data (2017, 2020, 2021, 2022, 2023)

Reporting Period: 2017

Environmental Metrics

Total Energy Consumption:[object Object]
Water Consumption:116,327 m3 (Singapore only)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Obtained ISO 14001:2015 certification for building and civil engineering construction services
  • Awarded “BCA Construction Productivity Award 2016” and “BCA Green and Gracious Builder Award”
  • Implemented various measures to reduce energy consumption, including using energy-efficient equipment

Social Achievements

  • Signed ‘The Pledge for a Better Built Environment Workplace’
  • Participated in BCA – Industry Built Environment Undergraduates Sponsorship/Scholarship programme
  • Implemented Safety Time Out (STO) sessions to improve worker safety awareness

Governance Achievements

  • Formalized Code of Ethics policy
  • Established whistle-blowing policy
  • Obtained ISO 9001:2015 certification for building and civil engineering construction services

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve accident-free person-hours for all projects
Short-term Goals:
  • Initiate at least one new energy consumption reduction initiative
  • Reduce water consumption across key operational activities
  • Roll-out new training program for all employees and new leadership course for managers and above

Environmental Challenges

  • Challenging local market conditions impacting domestic business operations
  • High employee turnover in the construction sector
  • Potential risks of corruption and fraudulent practices
Mitigation Strategies
  • Implemented various measures to reduce energy and water consumption
  • Implemented new programs to secure fresh talent
  • Established policies and procedures to prevent corruption and fraudulent practices, including a Code of Ethics and whistle-blowing policy

Supply Chain Management

Supplier Audits: Annual review of suppliers/sub-contractors

Responsible Procurement
  • Preference given to OHSAS 18000-certified or bizSAFE-certified vendors/contractors

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SGX Sustainability Reporting Guide

Certifications: ISO 14001:2015, ISO 9001:2015, OHSAS 18001:2007, bizSAFE Level Star

Awards & Recognition

  • BCA Construction Productivity Award 2016
  • BCA Green and Gracious Builder Award

Reporting Period: 2020

Environmental Metrics

Total Energy Consumption:3,070 MWh/year
Water Consumption:210,402 m3/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Obtained ISO 14001:2015 certification for building and civil engineering construction services and for design, manufacture, and supply of precast concrete products.
  • Awarded BCA's “Green and Gracious Builder Award” (GGBA).
  • Group’s ICPH awarded ‘Green Mark Award – Gold” by the BCA.
  • Started installing solar panels on the ICPH rooftop (commissioned in Q1 2021).

Social Achievements

  • Signed “The Pledge for a Better Built Environment Workplace” by the BCA and CIJC.
  • Participated in BCA – Industry Build Environment Undergraduates Sponsorship/Scholarship programme.
  • Implemented additional safety measures due to COVID-19, including appointing Safe Management Officers (SMO) and Safe Distancing Officers (SDO).

Governance Achievements

  • Implemented a new policy, Ethical Legal Responsibilities — Social Media Policy (effective January 1, 2020).
  • Established policies and procedures to prevent corruption and fraudulent acts.
  • Implemented Employees’ Code of Ethics policy, including Conflict of Interest Declaration.

Climate Goals & Targets

Long-term Goals:
  • Provide training on all ethics and anti-corruption related policies and practices to 100% of employees.
Medium-term Goals:
  • Continue to implement new programmes to secure fresh talent.
  • Explore new participation in sponsorship or scholarship programmes with educational institutions.
  • Identify opportunities for senior employees to upskill and continue employment.
  • Study the potential of installing solar panels on the Malaysia factory rooftop.
Short-term Goals:
  • Roll-out new training programme for all employees, professional conversion programme and new leadership course for managers and above.
  • Reduce water consumption across key operational activities using innovative measures.
  • Achieve accident-free person-hours for all projects in Singapore and Myanmar.

Environmental Challenges

  • Coronavirus outbreak significantly impacted the economy.
  • Resurgent waves of COVID-19 transmissions, uncertainties, and downside risks in the global economy.
  • Greater headwinds in the construction industry amidst resource constraints and challenging demand.
  • Stiff competition in tender for new construction contracts with tighter margins.
Mitigation Strategies
  • Strategic approach in tender bids.
  • Investing in productivity improvements.
  • Further developing position in the public housing sector.
  • Strengthening position as a key supplier for precast and prefabricated building components.
  • Reviewing overall cost structure and remaining disciplined in capital management.

Supply Chain Management

Supplier Audits: Annual review of suppliers / sub-contractors

Responsible Procurement
  • Preference given to OHSAS 18000-certified or bizSAFE-certified vendors/contractors.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SGX Sustainability Reporting Guide, GRI Standards

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, Green Concrete FL50H 022-146-3335, SSEN206 – Ready-Mixed Concrete Certification

Awards & Recognition

  • BCA's “Green and Gracious Builder Award” (GGBA)
  • Group’s ICPH ‘Green Mark Award – Gold” by the BCA

Reporting Period: 2021

Environmental Metrics

Total Energy Consumption:3,607 MWh/year
Water Consumption:301,222 m3/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Obtained ISO 14001:2015 certification for building and civil engineering construction services and for design, manufacture, and supply of precast concrete products.
  • Awarded BCA's “Green and Gracious Builder Award” (GGBA).
  • Installed solar panels on the Group’s ICPH rooftop to generate electricity (commissioned in Q1 2021).
  • Group’s ICPH awarded ‘Green Mark Award – Gold” by the BCA.

Social Achievements

  • Signed “The Pledge for a Better Built Environment Workplace” by the BCA and CIJC.
  • Participated in the BCA – Industry Build Environment Undergraduates Sponsorship/Scholarship programme.
  • Initiated a staff mentoring programme.
  • Entered into a five-year partnership with the Institute of Technical Education (ITE).

Governance Achievements

  • Established policies and procedures to prevent corruption and fraudulent acts.
  • Established Employees’ Code of Ethics policy.
  • Implemented a whistle-blowing policy.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Study the potential of installing solar panels on the Malaysia plant rooftop.
  • Continue to implement new programmes to employ fresh talent into the Company.
  • Explore further participation in sponsorship or scholarship programmes with educational institutions.
Short-term Goals:
  • To initiate at least one more new energy (electricity) consumption reduction initiative.
  • Reduce water consumption across key operational activities using innovative measures.
  • Roll-out new training programme for all employees, professional conversion programme and new leadership course for managers and above.
  • Implement new programmes to employ fresh talent into the Company.

Environmental Challenges

  • Resurgent waves of COVID-19 transmissions and uncertainties in the global economy.
  • Labour shortages in the construction sector.
  • Talent attraction and retention in a competitive landscape.
Mitigation Strategies
  • Investing in productivity improvements.
  • Developing its position in the public housing sector.
  • Strengthening its position as a key supplier for precast and prefabricated building components.
  • Reviewing its overall cost structure and remaining disciplined in capital management.
  • Implementing robust Safe Management Measures (SMM) to ensure a safe working environment during the COVID-19 pandemic.
  • Providing training and development courses to equip employees with necessary skills.
  • Implementing new programmes to employ fresh talent.

Supply Chain Management

Supplier Audits: Annual review of suppliers/sub-contractors

Responsible Procurement
  • Engaging bizSAFE-certified vendors and/or contractors with ISO 45001 certification.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SGX Sustainability Reporting Guide, GRI Standards

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, Green Mark Award – Gold (ICPH)

Awards & Recognition

  • BCA's “Green and Gracious Builder Award” (GGBA)
  • Green Mark Award – Gold (ICPH)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1631 tCO2e (Scope 1 & 2)
Scope 1 Emissions:5617 tCO2e
Scope 2 Emissions:1069 tCO2e
Total Energy Consumption:93,388,206 MJ
Water Consumption:319 ML

ESG Focus Areas

  • Good Governance and Ethics
  • Climate Change Resilience
  • Health and Safety
  • Environmental Protection
  • Human Capital Development
  • Community Building

Environmental Achievements

  • Rolled out more eco-friendly materials such as concrete with reduced embodied carbon.
  • Reduced total energy consumption by approximately 1% compared to FY2021.
  • Achieved zero workplace fatalities in FY2022.

Social Achievements

  • Conducted various trainings for all employees and curated development programmes.
  • Signed a memorandum of understanding with the Institute of Technical Education to develop training and career opportunities.
  • Organised an outing to Garden by the Bay for migrant workers.

Governance Achievements

  • 100% of new key suppliers screened based on social and environmental criteria.
  • No significant instances of non-compliance with laws or regulations identified in FY2022.
  • No instances of corruption in FY2022.

Climate Goals & Targets

Long-term Goals:
  • Explore usage of electrically powered generator to replace diesel powered generator.
  • Reduce water consumption per million-dollar value of work done by 1%.
Medium-term Goals:
  • Explore using solar panels in project sites for longer-term contracts.
  • Reduce diesel usage per million-dollar value of work done by 1%.
Short-term Goals:
  • Reduce electricity usage per million-dollar value of work done by 1%.

Environmental Challenges

  • Increase of carbon tax increasing cost of energy usage.
  • Implications of targets set by Singapore Green building Masterplan 2030.
  • Possible introduction of new construction methods rendering existing pre-fab products obsolete.
  • Shift in market preference for greener pre-fab products.
  • Increasing stakeholder expectation of businesses to take climate action.
  • Effect of changing weather conditions on company assets and construction activities.
Mitigation Strategies
  • Installed rooftop solar panels, exploring new technologies to replace diesel generators, implemented energy saving initiatives.
  • Headquarters building is Green Mark certified, engaging industry participants and regulators to adopt latest technology and material.
  • Engaging with industry leaders, participants and regulators to adopt latest technology and materials.
  • Observing and keeping abreast of market developments.
  • Participative in the construction of Green Mark buildings, conducting R&D, obtained and maintained ISO 14001.
  • Performing site planning and management to reduce the impact of weather conditions, complying with Earth Control Measures.

Supply Chain Management

Supplier Audits: 100% of new key suppliers screened in FY2022

Responsible Procurement
  • Supplier socioeconomic and environmental assessment
  • Environmental compliance
  • Health and safety compliance

Climate-Related Risks & Opportunities

Physical Risks
  • Increased temperature and higher average rainfall
  • Effect of changing weather condition on construction activities
Transition Risks
  • Increase of carbon tax
  • Implications of targets set by Singapore Green building Masterplan 2030
  • Possible introduction of new construction methods
  • Shift in market preference for greener pre-fab products
Opportunities
  • Utilise renewable energy
  • Built design requirements increase demand for precast
  • Bid for Green Mark certified projects
  • Leverage on grants for digitalisation
  • Collaborate with external partners to develop sustainable materials

Reporting Standards

Frameworks Used: GRI 2021 Standards, TCFD Recommendations, UN SDGs

Certifications: ISO 9001, 14001, 45001

UN Sustainable Development Goals

  • SDG 8: Decent Work and Economic Growth
  • SDG 9: Industry, Innovation and Infrastructure
  • SDG 11: Sustainable Cities and Communities
  • SDG 13: Climate Action

Contributions highlighted in the report.

Sustainable Products & Innovation

  • Concrete with reduced embodied carbon

Awards & Recognition

  • BCA Green and Gracious Builder Award (Merit)
  • Health & Safety Award – Gold Award (RoSPA)
  • ISO 9001, 14001, 45001
  • Design And Engineering Safety Award - Merit Award
  • Digital BIM Technology Adoption
  • BizSafe Star Certification
  • Precaster Accreditation Scheme
  • Prefabricated Mechanical, Electrical, and Plumbing Manufacturer Accreditation Scheme

Reporting Period: 2023

Environmental Metrics

Scope 1 Emissions:3,391 tCO2e/year
Scope 2 Emissions:2,026 tCO2e/year
Total Energy Consumption:58,033 GJ/year
Water Consumption:244.8 ML/year

ESG Focus Areas

  • Upholding Good Governance and Ethics
  • Building Resiliency for Climate Change
  • Ensuring Health and Safety
  • Protecting the Environment
  • Developing Human Capital
  • Building our Future Together

Environmental Achievements

  • Reduced water consumption by 23% in FY2023 compared to FY2022.
  • Reduced total energy consumption from 90,168 GJ in FY2022 to 58,033 GJ in FY2023.
  • Reduced diesel consumption by 43% in FY2023 compared to FY2022.
  • Installed solar panels at ICPH in Singapore, a Singapore construction site office, and initiated installation at the Pontian, Malaysia production facility.

Social Achievements

  • Achieved zero workplace fatalities in FY2023 and a workplace injury rate of 54, lower than the national industry average of 672.
  • Provided an average of 10.3 hours of training per employee in FY2023.
  • 100% of confirmed employees received an annual performance review in FY2023.

Governance Achievements

  • No significant instances of non-compliance with laws or regulations in FY2023.
  • Zero substantiated complaints concerning breaches of customer privacy and zero known data leaks or losses in FY2023.
  • No instances of corruption in FY2023.

Climate Goals & Targets

Long-term Goals:
  • Incorporate sustainable design solutions and technologies in all new construction projects.
  • Maintain or achieve reduction in electricity, water, and diesel consumption per million-dollar value of work done.
Medium-term Goals:
  • Maintain Greenmark certification for the Headquarter building.
  • Incorporate sustainable design solutions and technologies in all new construction projects.
  • Set targets to manage climate-related risks and opportunities by FY2025.
  • At least 11 training hours for each employee.
Short-term Goals:
  • Obtain Greenmark Super Low Energy certification for the Headquarter building by FY2024.
  • At least 10.5 average training hours for each employee in FY2024.

Environmental Challenges

  • Increase of carbon tax increasing cost of energy usage.
  • Implications on properties owned by the Group arising from targets set by Singapore Green building masterplan 2030.
  • Implications of targets set by Singapore Green building masterplan 2030 on construction practice and supply chain.
  • Possible introduction of new construction methods and products potentially rendering our pre-fab products and equipment obsolete.
  • A shift in market preference for greener products over our existing products.
  • Increasing stakeholder expectation of businesses to take climate action and implement sustainable practices.
  • Effect of changing weather conditions on company assets in Singapore and Malaysia.
Mitigation Strategies
  • Installed solar panels to reduce Scope 2 emissions.
  • Using Battery Energy Storage System (BESS) to reduce diesel consumption.
  • Engaged consultants to advise on ways to reduce energy demand.
  • Engaging consultants to advise on decarbonization plans and carbon credit schemes.
  • Applying Green Mark Super Low Energy Certification for the ICPH Building.
  • Integrated natural ventilation into building design and practiced selective use of materials.
  • Engaging industry participants and regulators to adopt the latest technology and material.
  • Shifting focus towards green alternatives within its product range.
  • Participating in the construction of Green Mark buildings and conducting R&D on construction sites.
  • Monitoring long-term weather conditions and taking appropriate measures.
  • Performing site planning and management to reduce the impact of weather conditions.

Supply Chain Management

Responsible Procurement
  • Supplier socioeconomic and environmental assessment
  • Environmental compliance
  • Health and safety compliance

Climate-Related Risks & Opportunities

Physical Risks
  • Increased temperature and higher average rainfall
  • Effect of changing weather condition on construction activities
Transition Risks
  • Increase of carbon tax
  • Implications on properties owned by the Group arising from targets set by Singapore Green building masterplan 2030
  • Implications of targets set by Singapore Green building masterplan 2030 on construction practice and supply chain
  • Possible introduction of new construction methods and products potentially rendering our pre-fab products and equipment obsolete
  • A shift in market preference for greener products over our existing products
  • Increasing stakeholder expectation of businesses to take climate action and implement sustainable practices
Opportunities
  • Utilise renewable energy to decarbonise the business and reduce emissions
  • Built design requirements set out by the Building and Construction Authority for builders to reduce labour intensive construction activities increases demand for precast
  • Bid for Green Mark certified projects
  • Leverage on grants for digitalisation of operational work
  • Collaborate with external partners to develop sustainable materials through R&D

Reporting Standards

Frameworks Used: GRI 2021 Standards, TCFD Recommendations, UN SDGs

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, Green Mark Platinum Certifications, RoSPA Health & Safety Award – Silver Award, BizSafe Star Certification

Third-party Assurance: Internal audit

UN Sustainable Development Goals

  • SDG 3
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 12
  • SDG 13
  • SDG 16

The Group’s business focus is aligned with the UN SDGs.

Sustainable Products & Innovation

  • Green concrete
  • Concrete with reduced or low embodied carbon

Awards & Recognition

  • President’s Certificate of Commendation
  • Progressive Wage Award Mark
  • 1st Prize for Building Information Modelling Contest
  • Green Mark Platinum Certifications
  • RoSPA Health & Safety Award – Silver Award
  • BCA Green and Gracious Builder Award (Merit) Certificate
  • BizSafe Star Certification
  • ISO 14001:2015
  • ISO 45001:2018
  • ISO 9001:2015
  • Singapore Green Building Product Certificate
  • Precaster Accreditation Scheme
  • PBU Manufacturer Accreditation Scheme