Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions by approximately 6.5 million tonnes per annum through the use of GGBS (Ground Granulated Blast-Furnace Slag), which has a carbon footprint 90% lower than Ordinary Portland Cement.
• Achieved carbon neutrality for a China joint venture laboratory building project in 2013.

Social Achievements

• Recorded zero cases of injuries, lost-time injuries, and fatalities in 2017.
• Maintained compliance with Singapore government's employee practices.
• Implemented a whistle-blowing policy to address employee concerns.

Governance Achievements

• Maintained compliance with the Code of Corporate Governance 2012.
• Established a sustainability reporting team reporting directly to the Sustainability Committee.
• Recorded zero non-compliance cases in 2017.

Climate Goals & Targets

Environmental Challenges

• Softer demand and intense competition for Integral Cement and Ready-Mix Concrete in Singapore, resulting in a revenue decline.

Mitigation Strategies

• Focusing on Specialty Cement business and China property investments to offset lower returns from Integral Cement & RMC business.

Supply Chain Management

Supplier Audits: Considering supplier audits in the future.

Responsible Procurement

• Supplier Code of Conduct governing compliance to national rules and regulations, including fair labour practices.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Guidelines “Core” reporting framework

Certifications: ISO 9001:2015, ISO 14001:2004, OHSAS 18001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Low-carbon VCEM GGBS blended cement products.

Awards & Recognition

• Singapore Green Labelling Scheme accreditation
• Singapore Green Building Product (SGBP) “4 ticks” or “Leader” rating

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Achieved carbon neutrality for China joint venture laboratory building project in 2013
• Singapore operations were certified ISO14001 since 2012
• Products received accreditation from the Singapore Green Labelling Scheme and SGBP’s 4 Ticks Leader rank

Social Achievements

• Zero case of injuries, lost-time injuries and fatality during 2018
• Full compliance with Singapore government’s employee practices
• No formal complaints about product or service quality in 2018

Governance Achievements

• Zero non-compliance case against the Company in 2018
• Established a sustainability reporting team reporting directly to the Sustainability Committee
• Upholds the Code of Corporate Governance 2012

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Considering supplier audits in the future

Responsible Procurement

• Supplier Code of Conduct governing compliance to national rules and regulations including fair labour practices

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Core Option, SGX-ST Sustainability Reporting Guide (Practice Note 7.6)

Certifications: ISO 9001: 2015, ISO 14001: 2015, OHSAS 18001: 2007, bizSAFE Star, SS 506 Part 1: 2009

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• GGBS
• Green Cement
• Green Concrete

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Economic performance
• Regulatory compliance
• Environmental compliance
• Product/service quality
• Enterprise risk management
• Occupational health and safety
• Customer health and safety
• Ethical business conduct
• Customer satisfaction

Environmental Achievements

• Achieved carbon neutrality for China joint venture laboratory building project in 2013
• Singapore operations were certified ISO14001 since 2012
• ISO certification for Malaysia concrete operations
• Low carbon products received accreditation from the Singapore Green Labelling Scheme since 2007
• Products received the “4ticks” or “Leader” rating from the Singapore Green Building Product (SGBP) accreditation body

Social Achievements

• Zero case of injuries, lost-time injuries and fatality during the reporting year of 2019
• Full compliance with the Singapore government’s employee practices listed under the Ministry of Manpower
• Established anonymous whistle-blowing avenues for employees

Governance Achievements

• Compliance with the Code of Corporate Governance 2018
• Established a robust internal system for regulatory compliance
• Zero non-compliance case in 2019

Climate Goals & Targets

Environmental Challenges

• Lower revenue from Specialty Polymer, and Integral Cement and RMC businesses in FY2019

Mitigation Strategies

• Improved performance from our China Joint Ventures and Integral Cement and RMC business resulting in higher profit after tax

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Core Option, SGX-ST Sustainability Reporting Guide (Practice Note 7.6)

Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, bizSAFE Star

Sustainable Products & Innovation

• Low-carbon VCEM product
• GGBS
• Green Cement

Environmental Metrics

ESG Focus Areas

• Our Business
• Our People
• Our Environment

Environmental Achievements

• Developed and utilized GGBS, a low-carbon building material, resulting in products with lower carbon content.
• Achieved ISO 14001 certification (Singapore operations) and ISO 9001 certification (Malaysia concrete operations).

Social Achievements

• Provided five bond-free scholarships annually to the Singapore Institute of Technology since 2016.
• Donated to Ren Ci Charity Golf Tournament 2021, supporting disadvantaged residents' healthcare needs.
• Donated to support the Chinese Singaporean Culture Online Video Series and Institute of Policy Studies' Singapore Perspectives conference.

Governance Achievements

• Established a robust internal system for compliance with regulations in various operating countries.
• Implemented an Enterprise Risk Management (ERM) Committee and an anonymous whistleblowing channel.
• Maintained zero confirmed cases of corruption and zero significant fines for non-compliance in FY2021.

Climate Goals & Targets

Environmental Challenges

• Impact of the COVID-19 pandemic, including supply chain disruptions and increased material prices.
• Safety management measures to comply with social distancing regulations impacting operational costs.

Mitigation Strategies

• Strong relationships with suppliers to mitigate price escalation.
• Maximizing profits while reducing costs.
• Implementing safety management measures to ensure a safe working environment.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, Singapore Exchange Securities Trading Limited (SGX-ST) listing rules 711A and 711B, UN SDGs

Certifications: ISO 14001 (Singapore operations), ISO 9001 (Malaysia concrete operations), ISO 45001 (Singapore operations)

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 7
• SDG 8
• SDG 10
• SDG 11
• SDG 16

EnGro's initiatives contribute to these SDGs through occupational health and safety, employee development, energy conservation, economic performance, employment practices, community investment, and ethical business conduct.

Sustainable Products & Innovation

• GGBS
• Green concrete products

Environmental Metrics

ESG Focus Areas

• Governance
• Environmental
• Social
• Economic

Environmental Achievements

• Reduced Scope 2 GHG emissions intensity (tonnes CO2e/production volume in kilograms) from 1 in 2022 to 1 in 2023
• 100% of wastewater generated from operations reused in production (FY2022: 100%)

Social Achievements

• Reduced employee turnover rate from 43% in 2022 to 28% in 2023
• Zero reported incidents of unlawful discrimination against employees

Governance Achievements

• Established terms of reference for component parties involved in the sustainability reporting process
• Developed and disclosed inaugural climate change transition plan

Climate Goals & Targets

Environmental Challenges

• Increased severity of extreme weather events
• Shifting consumer preferences for environmentally friendly products
• Enhanced emissions-reporting obligations

Mitigation Strategies

• Developed a climate change transition plan focused on reduce, produce, and neutralize strategies
• Conducting qualitative scenario analysis to assess impacts of key climate-related risks

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity of extreme weather events

Transition Risks

• Shifting consumer preferences for environmentally friendly products
• Enhanced emissions-reporting obligations

Opportunities

• Promoting green cement products

Reporting Standards

Frameworks Used: GRI Standards, UN Sustainability Agenda, TCFD

Certifications: ISO 14001, ISO 9001, ISO 45001, bizSAFE STAR

UN Sustainable Development Goals

• Goal 3
• Goal 4
• Goal 7
• Goal 8
• Goal 11
• Goal 12
• Goal 16

Detailed explanation of how initiatives contribute to each SDG provided in the report

Sustainable Products & Innovation

• GGBS (low-carbon cement)
• Green concrete