Climate Change Data

Goodpack IBC (Singapore) Pte. Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1313 tCO2e/year
Scope 1 Emissions:621.49 tCO2e/year
Scope 2 Emissions:268.23 tCO2e/year
Carbon Intensity:3.77 tCO2e/employee, 0.000006 tCO2e/USD

ESG Focus Areas

  • Circular economy
  • Climate change
  • Operational eco-efficiency
  • Ethics, integrity, and transparency
  • Efficiency in the supply chain
  • Health and safety
  • Labor management and talent attraction
  • Diversity, equity, and inclusion
  • Human rights
  • Customer engagement
  • Stakeholders and community
  • Sustainable growth
  • Sustainable procurement
  • Corporate governance

Environmental Achievements

  • Launched a Carbon Calculator to provide users with quantitative calculations of global warming potential (GWP) and eight other impact categories.
  • Achieved an 89% reduction of CO2e against alternate packaging solutions.

Social Achievements

  • 93% response rate in the 2023 Employee Satisfaction Survey.
  • USD 56k towards social action and over 200 volunteers globally.

Governance Achievements

  • Zero cases of corruption registered in 2023.
  • 100% of concerns reported through the ethics hotline investigated and addressed.

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions (scope 1, 2 and 3) by 2050
  • Zero waste generated by 2040
  • 100% of active trade suppliers evaluated with Sustainability criteria
Medium-term Goals:
  • Net Zero (scope 1 and 2) by 2040
Short-term Goals:
  • Reduce repositioning of empty containers year on year

Environmental Challenges

  • Sectoral risks identified through RiskHorizon analysis: climate change, efficient operations, and circular economy.
  • Supply chain impacts, risks, and opportunities related to raw material extraction, manufacturing, container design, management, usage, transport & distribution, and recycling & transport.
Mitigation Strategies
  • Developed a double materiality assessment to prioritize sustainability topics.
  • Implemented a decarbonization strategy in line with SBTi.
  • Developed a sustainable procurement strategy.

Supply Chain Management

Responsible Procurement
  • Vendor Compliance Commitment
  • Sustainable Procurement Policy (launched June 2024)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, EcoVadis Bronze Medal (2023)

Third-party Assurance: Internal

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)
  • Goal 17 (Partnerships for the Goals)

Goodpack's operations contribute to these goals through various initiatives outlined in the report.

Sustainable Products & Innovation

  • Reusable metal containers and pallets