Tuan Sing Holdings Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Energy Consumption:15,598,832.61 kWh (Commercial); 18,681,154.02 kWh (Hospitality); 3,741,400.30 kWh (Manufacturing)
Water Consumption:99,561.95 m³ (Commercial); 77,661.43 m³ (Hospitality)
Waste Generated:227.11 tons (Commercial); 271.68 tons (Hospitality); 0 tons (Manufacturing)
ESG Focus Areas
- Occupational Health and Safety
- Economic Performance
- Anti-corruption
- Energy
- Water and Effluents
- Waste
- Employment
- Training and Education
- Diversity and Equal Opportunity
- Local Communities
Environmental Achievements
- 18 Robinson was awarded the BCA Green Mark Gold Plus Rating; upgraded to Platinum in March 2022.
- NABERS rating for the commercial centre in Perth upgraded from 2 stars to 3.5 stars.
- Employee volunteer event for tree planting and fish relocation.
Social Achievements
- Mental wellbeing program, masterclasses, and workshops for employees.
- Regular workshops on healthy living and COVID-19 vaccination.
- Access to swimming pool, jacuzzi, and complimentary health screenings for employees.
- Thinker Box Programme launched to encourage employee ideas.
- Donations and sponsorships amounting to $29,000.
Governance Achievements
- Ranked 23rd in the Singapore Governance and Transparency Index (SGTI) 2021.
- Refresher virtual training session on anti-bribery and anti-corruption policies.
- Zero bribery or corruption cases reported in 2021.
- Implementation of Procurement Policy in August 2021.
Climate Goals & Targets
Long-term Goals:
- Achieve Green Masterplan 2030 targets.
Medium-term Goals:
- Reduce carbon emission by 30% by 2030.
- Obtain green certifications for all future developments and upgrade existing certifications.
Environmental Challenges
- COVID-19 pandemic impact on businesses and industries.
- Construction delays and higher construction costs due to labor shortage and material price hikes.
- Higher showflat and marketing expenses.
- Impact of intermittent lockdowns in Australia on Grand Hyatt Melbourne.
- Challenges in retail assets due to the growth of e-commerce.
Mitigation Strategies
- Disciplined cash flow and treasury management.
- Capital recycling through partial divestment of Gultech (Jiangsu).
- S$200 million bond issue to fund future development and investments.
- Asset enhancement work at Hyatt Regency Perth.
- Planning for redevelopment of Grand Hyatt Melbourne complex.
- Strengthening procurement function to achieve cost efficiency.
Supply Chain Management
Responsible Procurement
- Evaluation of business partners against established criteria.
- Procurement Policy implemented in August 2021.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021, UN SDGs
UN Sustainable Development Goals
- SDG 3
- SDG 8
- SDG 16
- SDG 7
- SDG 6
- SDG 11
- SDG 13
- SDG 4
- SDG 5
- SDG 1
Initiatives aligned with UN Sustainable Development Goals.
Sustainable Products & Innovation
- Green buildings and eco-themed amenities.
Awards & Recognition
- BCA Green Mark Platinum (18 Robinson)
- NABERS 3.5 stars (Perth commercial centre)