Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Achieved ISO 14001 certification for AMOS International (S) Pte Ltd on June 25, 2020.
• Reduced electricity consumption from 4,502 GJ to 2,696 GJ.
• Reduced diesel consumption from 14,287 GJ to 13,383 GJ.
• Reduced indirect Scope 2 GHG emissions from 524 tCO2e to 314 tCO2e.
• Reduced direct Scope 1 GHG emissions from 1,059 tCO2e to 992 tCO2e.
• Engaged with Tidy Waste Management for proper handling of recyclable waste.
• Implemented Group Global Plastic Policy focusing on 'reduce, reuse, recycle' principles.

Social Achievements

• Implemented standardized policies for payroll, leave, and recruitment processes.
• Conducted communication sessions on new policies for employees.
• Hosted a year-end lunch buffet and celebrated Chinese New Year with employees.
• Introduced more flexible working styles as part of the BCP for the COVID-19 pandemic.
• Provided housing allowance and transport to employees.
• Extended internship programs to more polytechnic colleges and universities.

Governance Achievements

• Expanded supplier questionnaire to include social issues.
• Commenced auditing a gasket manufacturer in India.
• Implemented social considerations in assessments for new vendors.
• Working on a supplier code of conduct.

Climate Goals & Targets

Environmental Challenges

• High rates of turnover and difficulty attracting talent in the maritime and offshore industry.
• Health and safety risks arising from the COVID-19 pandemic.
• Managing waste from operations.
• Ensuring supplier compliance with environmental and social standards.

Mitigation Strategies

• Standardized policies for payroll, leave, and recruitment.
• Communication sessions on new policies.
• Business Continuity Plan (BCP) Townhall to address COVID-19 challenges.
• Engagement with Tidy Waste Management for waste recycling.
• Group Global Plastic Policy implementation.
• Expanded supplier questionnaire to include social issues.
• Supplier audits and checks, particularly for high-risk suppliers.

Supply Chain Management

Supplier Audits: 60 suppliers screened in FY2020; audit of gasket manufacturer in India.

Responsible Procurement

• Procurement and Supplier Management Policy (AMOS-CP-PUR-001)
• Supplier Questionnaire Form (QA-FM-011)
• Know Your Supplier (KYS) policy
• Approved Vendor List (AVL)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option, SGX sustainability reporting guidelines

Certifications: ISO 9001:2015, OHSAS 18001:2007, ISO 14001:2015, ISO 22000:2005, ISO / IEC 17020:2012, bizSAFE STAR

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Successfully installed solar panels on the headquarters' rooftops, generating 130,015.9 kWh of solar energy from October 2021 to April 2022.
• Installed 2 electric vehicle charging stations at headquarters.
• Introduced an EV van into the fleet in June 2022.
• Reduced electricity consumption by 11.5% and diesel consumption per vessel by 46%.

Social Achievements

• Provided ongoing assistance to employees during the COVID-19 pandemic, including vaccination drives, free time off for illness, adjusted annual leave policies, and company-paid hotel accommodation/subsidized apartment rentals for foreign employees.
• Introduced a Promotion Policy to aid in fair and equitable recruitment practices.
• Provided a one-off Employee Assistance Payment to eligible employees who did not meet criteria for available positions.
• Participated in a charitable drive for Willing Hearts.

Governance Achievements

• Introduced an Anti-Corruption and Anti-Bribery (ABAC) policy.
• Reported zero incidences of non-compliance to socio-economic and environmental regulations in FY2022.

Climate Goals & Targets

Environmental Challenges

• Prolonged impacts of the COVID-19 pandemic.
• Change in the electricity seller market leading to the halting of the Carbon Neutral Program.
• Loss of tender with Wilhelmsen Ship Management, discontinuing a partnership to tackle plastic issues in the marine industry.

Mitigation Strategies

• Strict adherence to government-induced ‘Safe Management Measures’ (SMM).
• Intention to resume participation in the Carbon Neutral Program once the market stabilizes.
• Negotiating and conducting discussions with a global container shipping company and a world-leading dry bulk owner to tackle plastic use in the maritime sector.

Supply Chain Management

Responsible Procurement

• Established Procurement and Supplier Management Policy; Supplier Questionnaire Form; Supplier Improvement Action Plan; Know Your Supplier (“KYS”) policy; Approved Vendor List (“AVL”); periodic audits for high-risk suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO/IEC 17020:2012

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Installed solar panels with a capacity of 480,000 kilowatt hours.
• Introduced the ALCONA Advanced Hydration System, reducing plastic bottle usage.
• Invested in the first electric delivery vehicle.

Social Achievements

• Hosted large-scale virtual townhall events for employee engagement.
• Offered free basic health screenings.
• Donated a truckload of food to Willing Hearts.
• Implemented a Flexi Work Arrangement.

Governance Achievements

• Implemented an Anti-Corruption and Anti-Bribery (ABAC) policy.
• Board attended sustainability training courses mandated by SGX.
• Zero instances of non-compliance with socio-economic and environmental regulations in FY2023.

Climate Goals & Targets

Environmental Challenges

• Increased diesel consumption due to additional parameters for forklift and delivery truck components.
• Supply chain disruptions (implied due to global events mentioned in the chairman's message).

Mitigation Strategies

• Investigating alternative energy sources to reduce emissions.
• Implementing fuel-efficient driving practices, route optimization, and vehicle maintenance.
• Implementing an electric forklift implementation plan.
• Partnered with Urban Renewables for solar energy.
• Engaging an external waste vendor for responsible waste disposal.
• Implementing a ban on single-use cutlery and promoting recyclable containers.

Supply Chain Management

Supplier Audits: Approximately 47% of new suppliers screened with environmental and social criteria in FY2023.

Responsible Procurement

• Procurement and Supplier Management Policy
• Supplier Questionnaire Form
• Supplier Improvement Action Plan
• Pre-qualification assessment (KYS policy)
• Approved Vendor List (AVL)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SGX sustainability reporting guidelines

Certifications: ISO 9001 (for majority of operations)

Sustainable Products & Innovation

• ALCONA Advanced Hydration System

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Expanded ALCONA range to include eco-friendly alternatives
• 9.4% reduction in electricity consumption
• Significant decrease in diesel consumption due to increased use of electric vehicles and improved fulfillment planning
• Reduced indirect Scope 2 GHG emissions from 456 to 424 tCO2e
• Reduced direct Scope 1 GHG emissions from 759 to 383 tCO2e
• Installed solar photovoltaic panels at headquarters
• Replaced diesel forklifts with electric equivalents
• Implemented a ban on single-use cutlery at office premises
• Reduced non-hazardous waste from 470 to 88 metric tons

Social Achievements

• Average training hours per employee increased by 30%
• Held more than three large-scale townhall events for employee engagement
• Donated provisions and supplies to "Food from the Heart"
• Implemented various measures to manage impacts on talent acquisition and retention, including clear policies governing promotions, performance assessment, and hiring, and a range of employee benefits

Governance Achievements

• Zero instances of non-compliance with socio-economic and environmental regulations in FY2024
• Zero incidences of non-compliance with regards to supplier environmental and social criteria in FY2024
• Zero cases of breaches to the Code of Business Conduct in FY2024
• Zero reportable incidents of non-compliance concerning the health and safety impacts of products and services in FY2024

Climate Goals & Targets

Environmental Challenges

• Challenging financial headwinds in FY2024
• Waste generation from business operations (metal scrap, plastics, paper, wood)
• Potential health and safety risks associated with company activities and business relationships

Mitigation Strategies

• Partnered with Urban Renewables for solar PV installation
• Implemented energy-saving practices (motion sensor lights, energy-efficient bulbs)
• Installed additional water dispensers
• Engaged external waste vendors for responsible waste disposal
• Adheres to the Group Global Plastic Policy (reduce, reuse, recycle)
• Negotiating with major customers to tackle plastic use
• Implemented clear policies governing promotions, performance assessment, and hiring to ensure fair evaluations
• Range of employee benefits (medical insurance, flexible working arrangements)
• Redundancy as last resort after exhausting all other possibilities to redeploy affected employees
• Regularly monitors employee engagement and well-being
• Preventive and mitigative measures for training (prioritising efficient resource utilisation, digital learning platforms, virtual training)
• Waste management systems for training-related waste
• Monitoring and evaluation processes for health and safety (incident recording, regular assessments)
• Procurement and Supplier Management Policy, Know Your Supplier (KYS) policy, Approved Vendor List (AVL), periodic audits for high-risk suppliers

Supply Chain Management

Supplier Audits: Periodic audits for high-risk suppliers

Responsible Procurement

• Procurement and Supplier Management Policy
• Know Your Supplier (KYS) policy
• Approved Vendor List (AVL)
• Pre-qualification assessment for new suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• ALCONA Advanced Hydration System (AHS)

Awards & Recognition

• Not disclosed