Climate Change Data

Memiontec Holdings Ltd.

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

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:218.2 tCO2e
Scope 1 Emissions:163.4 tCO2e
Scope 2 Emissions:54.8 tCO2e
Total Energy Consumption:2753.4 GJ
Water Consumption:2.43 m3
Carbon Intensity:0.51 kgCO2 per labour hour

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced carbon emission intensity to 0.51 kgCO2 per labour hour from 0.46 kgCO2 per labour hour in 2020.
  • Reduced energy intensity to 6.4 MJ per labour hour from 5.4 MJ per labour hour in 2020.
  • Reduced water withdrawal to 2.43 ML from 0.96 ML in 2020.
  • Maintained zero incidents of environmental non-compliance.

Social Achievements

  • Provided 7.5 hours of average training per employee.
  • Maintained zero fatalities.
  • Maintained zero incidents of discrimination.
  • Maintained zero incidents of non-compliance with regulations concerning customer health and safety.

Governance Achievements

  • Maintained zero incidents and public legal cases related to corruption.
  • Maintained zero significant incidents of significant fines or non-monetary sanctions for non-compliance with laws or regulations.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Keep energy consumption intensity below 7.0 MJ per labour hour.
  • Keep GHG emissions intensity below 0.55 kgCO2 per labour hour.
  • Keep water withdrawal below 2.50 ML.
  • Achieve at least 50% of spending on local suppliers.
Short-term Goals:
  • Achieve less than 35% employee turnover rate.
  • Maintain zero incidents of discrimination.
  • Maintain zero incidents of non-compliance with regulations concerning customer health and safety.
  • Maintain zero incidents of environmental non-compliance.

Environmental Challenges

  • Keeping up with innovations in the water industry and meeting ESG best practices.
  • Compliance with applicable laws and regulations.
  • Climate change and its effects.
  • Talent management, including diversity consideration.
Mitigation Strategies
  • Building proprietary know-hows such as remote monitoring and automation.
  • Adopting newer technology that consumes less energy and chemicals.
  • Developing policies and procedures to reduce greenhouse gas emissions.
  • Attracting, retaining, and growing professionals who share the company's values.
  • Creating an inclusive workplace culture that considers gender diversity.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards for Engineering & Construction Services

Certifications: ISO 9001, ISO 14001, ISO 45001

UN Sustainable Development Goals

  • SDG 6: Clean Water and Sanitation

Memiontec's activities contribute to SDG 6 through infrastructure investments and services, providing access to safe and clean water, and treating wastewater.

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:259.6 tCO2e
Scope 1 Emissions:192.8 tCO2e
Scope 2 Emissions:66.8 tCO2e
Total Energy Consumption:3,261.6 GJ
Water Consumption:1.56 m3
Carbon Intensity:0.55 kg CO2e per labour hour

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced energy consumption intensity to 6.9 MJ per labour hour (target below 7.0 MJ/labour hour)
  • Kept greenhouse gas emissions intensity below 0.55 kg CO2 per labour hour (target below 0.55 kg CO2/labour hour)
  • Reduced water withdrawal to 1.56 ML (target below 2.50 ML)
  • Maintained zero incidents of environmental non-compliance
  • Installed solar panels in some jointly-owned water treatment plants in Indonesia

Social Achievements

  • Achieved 25% employee turnover rate (target below 35%)
  • Maintained zero incidents of discrimination
  • Maintained percentage of female employees between 20% - 35% in office-based job categories (28% achieved)
  • Provided 8 hours of average training per employee (target 8 hours)
  • Maintained zero fatalities in occupational health and safety
  • Maintained zero incidents of non-compliance with regulations concerning customer health and safety

Governance Achievements

  • Maintained zero incidents and public legal cases related to corruption
  • Maintained zero significant incidents of significant fines or non-monetary sanctions for non-compliance with laws or regulations

Climate Goals & Targets

Long-term Goals:
  • Become a leading player in the global water industry
  • Provide a greater access to safe and clean water in line with the SDG 6
Medium-term Goals:
  • Reduce energy consumption intensity below 7.0 MJ per labour hour
  • Keep greenhouse gas emissions intensity below 0.55 kg CO2 per labour hour
  • Keep water withdrawal below 2.50 ML
  • Maintain zero incidents of environmental non-compliance
  • Maintain less than 35% employee turnover rate
  • Maintain zero incidents of discrimination
  • Maintain percentage of female employees between 20% - 35% in office-based job categories
Short-term Goals:
  • Achieve budgeted FY2023 net profits
  • Execute or complete at least 3 TSEPC projects at municipal and industrial sectors
  • Achieve at least 50% of spending on local suppliers

Environmental Challenges

  • Rising interest rates and heightened geopolitical risks
  • Tight supply of engineers
  • Lower volume of TSEPC work in Singapore
  • Unavailable data of sub-contractor employees for energy and emission calculations
Mitigation Strategies
  • Developed Memiontec’s value creation blueprint with guidance from McKinsey & Company
  • Focused on improving operational efficiency and pursuing strategic growth
  • Incorporated a wholly-owned subsidiary in Vietnam to pursue opportunities
  • Implemented strict COVID-19 protocols
  • Exploring clean, renewable energy by installing solar panels

Supply Chain Management

Supplier Audits: Periodic supplier evaluation

Responsible Procurement
  • Supplier Code of Conduct
  • At least 50% of spending on local suppliers (68% achieved in 2022)

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Turning to clean, renewable energy

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 37001, bizSAFE STAR (Singapore operations)

UN Sustainable Development Goals

  • SDG 6

Providing safe and clean water and treating wastewater

Awards & Recognition

  • TOP 100 Fastest Growing Companies in Singapore (2018-2021)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:255.9 tCO2e
Scope 1 Emissions:184.9 tCO2e
Scope 2 Emissions:71.0 tCO2e
Total Energy Consumption:3132.7 GJ
Water Consumption:1.85 ML
Carbon Intensity:0.44 kgCO2e/labour hour

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved energy consumption intensity of 5.4 MJ per labour hour (target: below 7.0 MJ), and CO2 emissions intensity of 0.44 kg per labour hour (target: below 0.55 kg).
  • Maintained zero incidents of environmental non-compliance.
  • Water withdrawal of 1.85 ML (target: below 2.50 ML).

Social Achievements

  • Maintained employee turnover rate below target at 30% (target: below 35%).
  • Maintained zero fatalities and zero incidents of discrimination.
  • Provided 8.6 hours of average training per employee (target: 8 hours).

Governance Achievements

  • Maintained zero incidents and public legal cases related to corruption.
  • Achieved Board diversity with 20% female representation (target: at least one female director).
  • Maintained zero incidents of non-compliance with laws and regulations.

Climate Goals & Targets

Long-term Goals:
  • Reduce carbon intensity and energy consumption intensity.
  • Maintain zero incidents of environmental non-compliance.
Medium-term Goals:
  • Achieve less than 35% employee turnover rate.
  • Maintain zero incidents of discrimination.
Short-term Goals:
  • Execute or complete at least 3 TSEPC projects.

Environmental Challenges

  • Keeping up with new developments and innovations in the water industry and meeting ESG best practices.
  • Compliance with applicable laws and regulations.
  • Climate change impacts.
  • Attracting and retaining experienced talent.
Mitigation Strategies
  • Building proprietary know-hows (remote monitoring, automation, smart metering).
  • Adopting newer, energy-efficient technology.
  • Developing policies and procedures to reduce GHG emissions.
  • Implementing fair employment practices and creating an inclusive workplace culture.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards

Certifications: ISO 9001, ISO 14001, ISO 45001, BizSAFE STAR (Singapore operations)

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)

Memiontec's water treatment solutions contribute to providing safe and clean water and sanitation services.