Yield Go Holdings Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:17048 kg CO2e
Scope 1 Emissions:6067 kg CO2e
Scope 2 Emissions:10981 kg CO2e
Total Energy Consumption:44564 kWh
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced total GHG emissions from 17,113 kg in CO2 equivalent to 17,048 kg in CO2 equivalent.
- Reduced unleaded petrol consumption from 2,562 L to 2,281 L.
Social Achievements
- Maintained stable employment for 58 full-time employees despite a turbulent economic environment.
- Reduced employee turnover rate from 16% to 9%.
Governance Achievements
- Complied with all applicable Code Provisions as set out under the Corporate Governance Code.
- All Directors confirmed compliance with the Model Code for Securities Transactions.
Climate Goals & Targets
Environmental Challenges
- Reduction in the number of sizeable projects available in the market.
- Rising operating costs and labor shortages.
- Supply chain disruptions and rising energy costs.
- Competition from other contractors.
Mitigation Strategies
- Improved cost control measures.
- Implemented internal guidelines to encourage staff to minimize unnecessary electricity and water consumption, reduce waste, and motivate environmental consciousness.
- Implemented a series of measures to retain employees (attractive remuneration packages, equal promotion opportunities, sufficient training and safe work environments).
- Established workflow procedures to monitor the integrity of all subcontracted projects.
Supply Chain Management
Responsible Procurement
- Regularly updated approved suppliers’ list based on price, product quality, punctuality in delivery, and past business relationships.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events disrupting construction projects
Transition Risks
- Climate change regulations and policies increasing compliance costs
Opportunities
- Adopting energy-efficient practices, sustainable building materials, and reducing waste generation
Reporting Standards
Frameworks Used: ESG Reporting Guide in Appendix 27 of the Listing Rules