Climate Change Data

Environmental Metrics

ESG Focus Areas

• Customer service excellence
• Economic performance
• Emissions (Fuel consumption)
• Occupational health and safety
• Corporate governance
• Regulatory compliance

Environmental Achievements

• Replaced 4 units of Euro IV tipper trucks with Euro V tipper trucks, reducing tailpipe emissions of nitrogen oxides.

Social Achievements

• Implemented comprehensive safety measures resulting in no major worksite accidents in FY2019.
• Established a corporate scheme with Raffles Medical Group providing medical consultation for all employees.

Governance Achievements

• Established a Code of Business Conduct and Ethics for Employees and Directors.
• Adopted the revised Code of Corporate Governance issued by the Monetary Authority of Singapore on 6 August 2018.

Climate Goals & Targets

Environmental Challenges

• Less revenue generated from the recycling segment due to less reinstatement and demolition works.
• Increase in cost of materials, services, and consumables due to increased transportation services, disposal costs, and diesel costs.
• Increase in other expenses due to listing-related expenses.

Mitigation Strategies

• Expanding operational capacity by acquiring more plant and equipment.
• Expanding recycled product range to acquire more business from existing customers and widen the customer base.
• Implementing cost-saving measures and efficiency improvements.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option

Certifications: ISO 9001:2015, ISO 14001:2015, Singapore Green Label, bizSAFE Level Star, OHSAS 18001:2007, ISO 45001:2018

Sustainable Products & Innovation

• 20mm Recycled Aggregate For Concrete Mixture

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Energy
• Occupational Health and Safety
• Corporate Governance
• Regulatory Compliance

Environmental Achievements

• Reduced energy intensity by 8.8% compared to FY2021

Social Achievements

• No reported workplace fatalities, serious injuries, or severe illnesses in FY2022
• Maintained bizSAFE Level Star and ISO 45001:2018 certifications

Governance Achievements

• No major fines levied or significant enforcement actions taken for non-compliance in FY2022
• No substantiated misconduct or corruption cases reported in FY2022

Climate Goals & Targets

Environmental Challenges

• Manpower shortages
• Rising energy prices
• COVID-19 pandemic disruptions

Mitigation Strategies

• Focusing on operations in Singapore
• Closely monitoring project execution and profit margins
• Implementing safe management measures (social distancing, remote work, split teams)
• Providing PPE and reminding employees of personal health measures

Supply Chain Management

Supplier Audits: Periodic review and update of approved vendor list

Responsible Procurement

• Supporting local businesses
• Engaging various groups of suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 9001:2015, ISO 14001:2015, Singapore Green Label, bizSAFE Level Star, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Recycled concrete aggregates

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social
• Governance

Environmental Achievements

• 17.7% reduction in purchased energy consumption
• 18.4% reduction in energy intensity compared to FY2023
• Zero workplace fatalities, work-related injuries, or instances of ill health

Social Achievements

• Zero workplace fatalities, work-related injuries, or instances of ill health in FY2024

Governance Achievements

• No substantiated cases of misconduct or corruption
• No instances of non-compliance with the Code of Conduct

Climate Goals & Targets

Environmental Challenges

• Rising costs
• Labour shortages
• Market volatility
• Softening of demand in recycling and logistics & leasing services
• Cost inflationary pressures

Mitigation Strategies

• Cautious assessment of investments
• Exploring opportunities for strategic partnerships and market expansion
• Enhancing operational efficiency and productivity through technology-driven initiatives
• Improving health and safety processes
• Prudent capital management

Supply Chain Management

Responsible Procurement

• Competitive Pricing
• Product Quality
• Expertise
• Proven Track Record

Climate-Related Risks & Opportunities

Physical Risks

• Changing precipitation patterns and rising temperatures
• Intensification of extreme weather events

Transition Risks

• Increasing regulatory requirements on climate reporting
• Switching to emerging low-carbon technologies
• Reputation Damage

Opportunities

• Transitioning away from traditional energy sources
• Exploring New Markets

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: ISO 9001:2015, ISO 14001:2015, Singapore Green Label, bizSAFE Level Star, ISO 45001:2018

Sustainable Products & Innovation

• Recycled concrete aggregates