Darco Water Technologies Limited

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:831 tCO2e/year

Scope 1 Emissions:560 tCO2e/year

Scope 2 Emissions:271 tCO2e/year

Scope 3 Emissions:Not disclosed

Renewable Energy Share:86% of energy used (solar)

Total Energy Consumption:9,915 GJ/year

Water Consumption:Not disclosed

Waste Generated:Not disclosed

Carbon Intensity:12.3 tCO2e/S$ million revenue

ESG Focus Areas

Climate Change
Water Quality and Access
Occupational Health & Safety
Talent Management
Customer’s Health & Safety Regulations
Regulatory Compliance
Anti-Corruption

Environmental Achievements

Met energy intensity target of 147 GJ/S$ million revenue.
Zero incident of non-compliance with customer health & safety regulations.
Recycled over 1,000 kg paper waste over the last three years.
Generated 194,947 kWh of solar energy, used 86% to meet energy needs and exported the rest.

Social Achievements

Successfully met employee training hour target of 16 hours.
Zero incidents of high-consequence work-related injuries.
Women’s representation on the Board increased to 13%.

Governance Achievements

Zero significant incidents of regulatory non-compliance.
Zero confirmed incidents of corruption.

Climate Goals & Targets

Long-term Goals:

Not disclosed

Medium-term Goals:

Conduct a deeper analysis of climate-related risks and opportunities to elaborate strategy.

Short-term Goals:

Reduce energy intensity to 149 GJ/S$ million revenue by 2023.
Maintain zero incidents of non-compliance with customer health & safety regulations.

Environmental Challenges

Employee turnover rate (30%) was 5% higher than the target (25%), mainly due to Covid-19 disruptions.
Potential for increased flood risk to project sites and facilities due to extreme weather events.
Potential for increased costs due to stricter GHG emission regulations.
Risk of decreased construction orders due to inability to meet client demands for low-carbon methods.

Mitigation Strategies

Qualitative analysis of climate-related risks and opportunities conducted; deeper analysis planned for the next two years.
Implementation of robust systems to measure, monitor, and evaluate safety performance.
Regular employee training in environment, health, and safety (EHS) topics.
Commitment to sourcing at least 40% of purchases locally.

Supply Chain Management

Supplier Audits: Quarterly evaluation of top 10 suppliers

Responsible Procurement

Adherence to safety, health, security, and environmental requirements; Standards of Business Conduct

Climate-Related Risks & Opportunities

Physical Risks

Increased severity of extreme weather events (cyclones, floods); chronic changes in precipitation patterns
Damage to project sites and facilities; disruptions to operations; increased insurance costs

Transition Risks

Increasing regulations around climate reporting; stricter legal requirements; increased energy and operational costs; rapid technological development by competitors

Opportunities

Growing demand for water conservation and efficiency; incorporating onsite renewable energy generation; increasing demand for net-zero projects; higher demand for water solutions

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001:2015, ISO 45001:2018, bizSAFE Star

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

SDG 6 (Clean Water and Sanitation)
SDG 8 (Decent Work and Economic Growth)
SDG 12 (Responsible Consumption and Production)
SDG 13 (Climate Action)
SDG 16 (Peace, Justice and Strong Institutions)

Darco's water treatment, waste management, and environmental services contribute to these SDGs.

Sustainable Products & Innovation

Water treatment and waste management solutions; cone separation technology; evaporation crystallization technology; pneumatic waste conveyance system

Awards & Recognition

Outstanding Company for Belt and Road Work (Hubei Association of Environmental Protection Industry); First Prize certificate of China Electric Power Construction Science and Technology Progress; certificate of international leading-level customer achievement

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:581 tCO2e/year

Scope 1 Emissions:409.58 tCO2e/year

Scope 2 Emissions:171.71 tCO2e/year

Scope 3 Emissions:Not disclosed

Renewable Energy Share:Not disclosed

Total Energy Consumption:7,346 GJ/year

Water Consumption:78,910 m3/year

Waste Generated:59.77 tons/year

Carbon Intensity:8.9 tCO₂e/S$ million revenue