Climate Change Data

Soon Lian Holdings Limited

Climate Impact & Sustainability Data (2017, 2022)

Reporting Period: 2017

Environmental Metrics

ESG Focus Areas

  • Economic Performance
  • Anti-Corruption
  • Waste Management
  • Employment

Environmental Achievements

  • Reduced aluminium cutting scraps and wastages by ordering raw materials to specific cut sizes.
  • Appointed a licensed aluminium alloy waste disposal contractor to classify and weigh aluminium alloy scraps.

Social Achievements

  • Minimal staff turnover in 2015, 2016, and 2017.
  • Commitment to re-employment of older employees in Singapore.
  • Equal opportunity employment policy, void of considerations such as race, religion, gender, marital status or age.

Governance Achievements

  • Adopted a Code of Business Conduct to regulate ethical conduct.
  • Implemented a whistle-blowing policy.
  • No reported incident of corruption.

Climate Goals & Targets

Environmental Challenges

  • Challenging market conditions.
Mitigation Strategies
  • Cautious approach and prioritising risk management.
  • Monitoring opportunities and challenges.

Supply Chain Management

Responsible Procurement
  • Sourcing from reputable suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, SGX Guide to Sustainability Reporting

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:499.51 tCO2e/year
Scope 1 Emissions:155.47 tCO2e/year
Scope 2 Emissions:344.04 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:3,035.63 GJ/year
Water Consumption:2,484 m3/year
Waste Generated:346,961 kg/year
Carbon Intensity:6.99 tCO2e/S$ million revenue

ESG Focus Areas

  • Economic Performance
  • Energy Consumption
  • Greenhouse Gas Emissions
  • Waste Management
  • Occupational Health & Safety
  • Employment
  • Training & Education
  • Human Rights
  • Diversity
  • Anti-Corruption

Environmental Achievements

  • Reduced energy intensity for FY2022 to 42.48 GJ/S$million in revenue, an improvement from 51.38 GJ/S$million in FY2021.
  • Decreased carbon intensity by 18.9%.

Social Achievements

  • Maintained zero accident in the workplace.
  • Increased average training hours per employee to 24.6 hours (FY2021: 13 hours).
  • Reduced employee turnover.

Governance Achievements

  • Zero reported incidents of corruption.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Obtain ISO certifications for China and Taiwan branches.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to COVID-19 outbreaks and geopolitical events.
  • Softer demand from China and Taiwan towards the latter part of 2022.
  • Moderated rising demand from customers due to the reopening of borders.
Mitigation Strategies
  • Leveraged on border re-openings for market expansion.
  • Improved product quality with ISO 9001 certification for Malaysia subsidiary.
  • Implemented a new ERP system and barcoding system to enhance traceability and productivity.
  • Invested in employee training to improve capabilities and strengthen staff retention.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sourcing from reputable suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, SGX Core ESG Metrics

Certifications: ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Enterprise 50 Award Winner 2007
  • SPBA-Heritage Brands Award 2014