Climate Change Data

Ellipsiz Ltd

Climate Impact & Sustainability Data (2023-07 to 2024-06)

Reporting Period: 2023-07 to 2024-06

Environmental Metrics

Total Carbon Emissions:69.0 tCO2e/year
Scope 1 Emissions:24.1 tCO2e/year
Scope 2 Emissions:44.9 tCO2e/year
Scope 3 Emissions:25.1 tCO2e/year (Business travel and Employee commuting only)
Renewable Energy Share:Not disclosed
Total Energy Consumption:652 GJ/year
Water Consumption:468 m3/year
Waste Generated:8685 kg/year (packaging waste from Singapore operations)
Carbon Intensity:0.001 tonnes CO2e/revenue S$’000

ESG Focus Areas

  • Economic performance
  • Total customer satisfaction
  • Energy conservation and GHG emissions reduction
  • Responsible waste management
  • Water conservation
  • Employee health, safety and wellness
  • Employee retention and development
  • Diversity and equal opportunity
  • Corporate social responsibility
  • Robust corporate governance framework

Environmental Achievements

  • Maintained zero incidents of significant fines and/or non-monetary sanctions incurred as a result of non-compliance with applicable environmental laws and/or regulations
  • Aggregated Scope 1 and 2 GHG emissions of 69.0 tonnes CO2e in FY2024 (72.4 in FY2023)

Social Achievements

  • Maintained zero workplace fatalities, zero high-consequence work-related injuries, zero work-related ill health cases; one recordable work-related injury.
  • Employee turnover rate of 10.5% in FY2024 (10.2% in FY2023)
  • Average training hours per employee increased to 4.7 hours in FY2024 (2.4 hours in FY2023)
  • Maintained zero reported incidents of unlawful discrimination against employees
  • Donated $10,000 to TOUCH Community Services to support the TOUCH Young Arrows programme

Governance Achievements

  • Maintained zero reported incidents of corruption

Climate Goals & Targets

Long-term Goals:
  • Achieve an employee turnover rate of not more than 15%, subject to market conditions
Medium-term Goals:
  • Reduce aggregated Scope 1 and 2 GHG emissions intensity by 21% by FY2035, using FY2023 as the baseline
Short-term Goals:
  • Reduce aggregated Scope 1 and 2 GHG emissions intensity
  • Maintain or improve water consumption intensity
  • Maintain or improve employee turnover rate
  • Maintain zero reported incidents of unlawful discrimination against employees
  • Maintain zero reported incidents of corruption

Environmental Challenges

  • Lower sales of equipment and consumables resulting in 7% lower revenue in FY2024 compared to FY2023
  • Net loss after tax of $5.5 million in FY2024 compared to a net profit after tax of $0.7 million in FY2023 (mainly due to non-recurring impairment losses)
  • Addressing issues related to increased funding support, additional land allocation for biosecurity measures, development timelines and lease extensions for the egg production and distribution business
Mitigation Strategies
  • Proactive management and strategic adjustments to navigate complex challenges in both the semiconductor sector and the egg farm development
  • Re-evaluation of the viability of the egg farm project in consultation with the relevant authority

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Ensure suppliers adopt market standards on product quality (ISO 9001:2015, ISO 12100:2010, ISO 45001:2018, ISO 14001:2015, ISO/IEC 27001:2022, ISO/IEC 17025:2017)

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of extreme weather events
Transition Risks
  • Enhanced GHG emissions-reporting obligations
Opportunities
  • Improve operational efficiency and transition to renewable and clean energy

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: bizSAFE Level 3

Third-party Assurance: Internal review; aiming for external assurance in future reports

UN Sustainable Development Goals

  • Goal 3
  • Goal 6
  • Goal 8
  • Goal 11
  • Goal 12
  • Goal 13

Details provided in the report on how initiatives contribute to these goals