Climate Change Data

Jadason Enterprises Ltd

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

Reporting Period: 2021

Environmental Metrics

Total Energy Consumption:9 GWh
Water Consumption:149,600 tonnes (421.92 ML)

ESG Focus Areas

  • Corporate Governance
  • Environmental
  • Economic
  • Social

Environmental Achievements

  • One plant in Dongguan is governed by ISO 14001 guidelines on environmental management systems.
  • Two new suppliers underwent environmental criteria screening in Dongguan.

Social Achievements

  • Zero fatality across the two Dongguan plants.
  • Various benefits provided to full-time employees (insurance, housing provident fund, leaves).

Governance Achievements

  • High standard of corporate governance maintained, generally adhering to the 2018 Code of Corporate Governance.
  • Established whistle-blowing policy.

Climate Goals & Targets

Short-term Goals:
  • Reduce materials usage by 5% or maintain current levels.
  • Achieve a 5% reduction of electric energy consumption from the FY2021 figure.

Environmental Challenges

  • Weak demand for PCB drilling services in China due to component shortages and US-China tensions.
  • Challenges in attracting and retaining employees in China.
Mitigation Strategies
  • Progressive investment in automation equipment and processes to reduce manpower needs.
  • Greater focus on employee well-being, welfare, and incentives.
  • Continuous employee training and development.

Supply Chain Management

Responsible Procurement
  • Comprehensive process to work with suppliers in a fair and ethical manner.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, SGX-ST Listing Manual (Rules 711A and 711B)

Certifications: ISO 14001 (one plant)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:799.689 tCO2e
Scope 1 Emissions:Not applicable
Scope 2 Emissions:799.689 tCO2e
Total Energy Consumption:1126.32 MWh
Water Consumption:69.43 ML
Waste Generated:274.8 tons

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced electricity consumption by 63.62% compared with FY2021.
  • Reduced water usage by 53% compared with FY2021.
  • Reduced materials usage by 54.8% compared with FY2021.

Social Achievements

  • Recorded zero fatality and recordable work-related ill health cases in FY2022.
  • Reduced total injuries by 90% in FY2022.

Governance Achievements

  • All 5 Directors completed sustainability training in FY2022.
  • Zero confirmed incidents of corruption involving employees in FY2022.

Climate Goals & Targets

Short-term Goals:
  • 5% reduction in electricity consumption for FY2023.

Environmental Challenges

  • COVID-19 pandemic disruptions.
  • US-China tensions impacting customer businesses.
  • Weak demand for manufacturing services.
  • Closure of PCB mass lamination operation.
Mitigation Strategies
  • Cost reduction measures.
  • Exit of PCB mass lamination business.
  • Implementation of energy savings plan.

Supply Chain Management

Responsible Procurement
  • New suppliers are assessed based on environmental criteria.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD

Certifications: ISO 9001, ISO 14001

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:149 tCO2e
Scope 2 Emissions:149 tCO2e
Scope 3 Emissions:8.15 + 6.89 tCO2e (selected categories)
Total Energy Consumption:292 MWh
Water Consumption:21 ML
Waste Generated:238 tons
Carbon Intensity:0.01 tonnes CO2e/revenue S$’000

ESG Focus Areas

  • Economic Performance
  • Energy Conservation and GHG Emissions Reduction
  • Water Conservation
  • Waste Management
  • Employee Attraction and Retention
  • Occupational Health and Safety
  • Diversity and Equal Opportunity
  • Robust Corporate Governance Framework

Environmental Achievements

  • Maintained Scope 2 GHG emissions intensity.
  • Reduced water consumption intensity.
  • Maintained 100% of hazardous waste handled by licensed waste collectors.

Social Achievements

  • Recorded zero workplace fatalities, zero high-consequence work-related injuries, zero recordable work-related injuries and zero recordable work-related ill health cases.
  • Recorded zero incidents of unlawful discrimination against employees.

Governance Achievements

  • Recorded zero confirmed incidents of corruption involving our employees.
  • Recorded zero incidents of non-compliance with laws and regulations for which significant fines and/or non-monetary sanctions were incurred.

Climate Goals & Targets

Long-term Goals:
  • Maintain or increase market presence subject to market conditions
  • Improve or maintain our financial performance subject to market conditions
  • Maintain or improve average training hours per employee
  • Maintain zero workplace fatalities
  • Reduce number of high consequence work-related injuries, recordable work-related injuries and ill health cases
  • Maintain zero incidents of unlawful discrimination against employees
  • Maintain zero confirmed incidents of corruption involving our employees
  • Maintain zero incidents of non-compliance with laws and regulations for which significant fines and/or non-monetary sanctions were incurred
Medium-term Goals:
  • Reduce our absolute Scope 2 GHG emissions by 10% by FY2035, with FY2022 as our baseline
Short-term Goals:
  • Reduce Scope 2 GHG emissions intensity by FY2025, with FY2022 as our baseline
  • Maintain or reduce water consumption intensity
  • Maintain percentage of hazardous waste handled by licensed waste collectors

Environmental Challenges

  • Decline in turnover and increase in loss after taxation due to lack of demand for the Group’s drilling services as a result of the impact of US-China tensions and the subdued economic conditions in China.
  • Increased severity of extreme weather events impacting property, plant and equipment and supply chains.
  • Shifting consumer preferences for more efficient equipment.
  • Changes in policy and regulations relating to carbon tax increasing operating costs.
  • Enhanced emissions-reporting obligations.
Mitigation Strategies
  • Managing costs and rationalising operations to enhance competitiveness.
  • Establishing alternative contingency arrangements in the event of extreme weather patterns and weather disruptions.
  • Exploring new environmentally friendly products.
  • Using energy resources responsibly and meeting the rising needs and expectations of regulators and customers on the environment.
  • Formulating adaptation and mitigation plans and exploring allocating resources towards transitioning to low-carbon practices.

Supply Chain Management

Responsible Procurement
  • Monitoring the reputation and sales performance of our suppliers; monitoring the performance of our existing suppliers based on criteria such as timeliness of deliveries, product quality, supply reliability and after-sales support

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of extreme weather events
Transition Risks
  • Shifting consumer preferences for more efficient equipment
  • Changes in policy and regulations relating to carbon tax
  • Enhanced emissions-reporting obligations
Opportunities
  • Expanding collaboration and partnership with key stakeholders to innovate and develop low carbon goods and services for the market

Reporting Standards

Frameworks Used: GRI Standards, TCFD, UN SDGs

Certifications: ISO 9001 (Dongguan Drilling Operations)

Third-party Assurance: Internal review

UN Sustainable Development Goals

  • 3
  • 6
  • 7
  • 8
  • 10
  • 12
  • 16

Detailed explanation of alignment with SDGs provided in the report.