Sea Limited
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:264,521 tCO2e/year
Scope 1 Emissions:70,782 tCO2e/year
Scope 2 Emissions:193,739 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:21.24 tCO2e / USD million revenue; 4.14 tCO2e per FTE
ESG Focus Areas
- Digital inclusion
- Data protection
- Community service
- Talent management
- Environmental protection
Environmental Achievements
- Preliminary estimated carbon emissions for 2022: 264,521 tCO2e (Scope 1 and 2)
Social Achievements
- Shopee Gives Back initiative raised RM2.9 million in two years supporting various NGOs.
- Barangay Shopee program in the Philippines supported local community projects, donating 1,200 school chairs.
- Free Fire community in Pakistan pledged 25,000kg of rice for flood relief.
- Launched Shopee’s Southeast Asian New Second Generation Scholarship Program in Taiwan.
- Java in Paris initiative brought products from Indonesian MSMEs to a major French department store.
- Shopee MSME Export Campus helped over 180,000 local MSMEs reach new markets.
Governance Achievements
- Established a comprehensive Code of Business Conduct and Ethics.
- Implemented a formal grievance handling procedure.
- Developed a whistleblower protection policy.
- Regular audits and risk management framework in place.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- 4 (Quality Education)
- 5 (Gender Equality)
- 7 (Affordable and Clean Energy)
- 8 (Decent Work and Economic Growth)
- 10 (Reduced Inequalities)
- 11 (Sustainable Cities and Communities)
- 13 (Climate Action)
- 17 (Partnerships for the Goals)
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:347,661 tCO2e/year
Scope 1 Emissions:118,456 tCO2e/year
Scope 2 Emissions:229,205 tCO2e/year
Carbon Intensity:26.61 tCO2e / USD million revenue; 5.54 tCO2e per FTE
ESG Focus Areas
- Digital inclusion
- Data privacy
- Community service
- Talent management
- Environmental protection
Environmental Achievements
- Preliminary estimated carbon emissions for 2023: 347,661 tCO2e
Social Achievements
- Shopee Enables SMEs in Vietnam offered free e-commerce training to thousands of small businesses.
- Digital Platform Upskilling Summit in Malaysia equipped thousands of sellers with regulatory and compliance knowledge.
- Shopee Woman of the Year – Sellers Edition in Brazil celebrated female entrepreneurs.
- SeaBank Bijak in Indonesia improved financial literacy and supported local entrepreneurs.
- Esports Classroom 2024 program in Thailand engaged hundreds of students and teachers.
- Relief efforts in Vietnam following Typhoon Yagi provided clean water, healthcare, and essential resources.
Governance Achievements
- Welcomed two new independent directors to the Board in 2024, resulting in a majority independent board.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, UN SDGs
UN Sustainable Development Goals
- 4 Quality Education
- 5 Gender Equality
- 7 Affordable and Clean Energy
- 8 Decent Work and Economic Growth
- 10 Reduced Inequalities
- 11 Sustainable Cities and Communities
- 13 Climate Action
- 17 Partnerships for the Goals
Selection derived from an assessment of stakeholder needs, urgency of issues in markets, and where Sea's capabilities can deliver the greatest impact.