Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced emissions through the use of Internal Floating Roofs (IFRs) in new tanks

Social Achievements

• Commitment to sourcing 50% of approximately 800 jobs created during expansion activities locally

Governance Achievements

• Open and transparent public participation process, including public meetings and online resources

Climate Goals & Targets

Environmental Challenges

• Concerns regarding potential cumulative impacts of a blast or fire, air pollution, and water contamination
• Concerns about the adequacy of the public participation process
• Concerns about the use of seawater for tank washing

Mitigation Strategies

• Implementation of a comprehensive Environmental Management Programme (EMP)
• Addressing concerns raised by stakeholders through a Comments and Responses Report
• Utilizing seawater for hydrostatic testing only, prior to chemical storage, and adhering to permit conditions for discharge

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NEMA

Environmental Metrics

ESG Focus Areas

• Climate Change

Climate Goals & Targets

Environmental Challenges

• Global warming exceeding 1.5°C above pre-industrial levels, leading to increased climate-related risks such as sea level rise, biodiversity loss, extreme temperatures, food shortages, and health issues.

Mitigation Strategies

• Rapid and far-reaching transitions in energy, land, urban and infrastructure, and industrial systems; deep emissions reductions in all sectors; a wide portfolio of mitigation options; significant upscaling of investments in mitigation options; decarbonization of energy supply; greater mitigation efforts on the demand side; switching from fossil fuels to electricity in end-use sectors; comprehensive emission reductions in the coming decade; considerable shifts in investment patterns; carbon dioxide removal (CDR) at scale before mid-century; additional reductions in CO2 emissions beyond those needed for a 2°C scenario.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Sea level rise
• Extreme temperatures
• Arctic melting
• Food shortages
• Droughts
• Increased poverty
• Health issues
• Heavy precipitation events
• Floods
• Impacts on biodiversity
• Changes in ocean temperatures, acidity, and oxygen levels
• Heat and vector-borne diseases
• Reduced cereal crop yield
• Water scarcity and stress

Environmental Metrics

ESG Focus Areas

• Climate risk
• Diversity, Equity, Equality and Inclusion (DE&I)
• Business resilience
• ESG and sustainable finance
• Health, safety & well-being
• Client satisfaction
• Contributing to society & local communities

Environmental Achievements

• New public commitment to achieve net-zero emissions by 2025
• 183 renewable energy projects undertaken during FY21, representing 58 percent increase on prior year
• First TCFD disclosure published

Social Achievements

• Increased focus on Diversity, Equity, Equality and Inclusion (DE&I) engagement across ERM
• Launched Standing Together, a $200,000 COVID-19 Recovery Fund

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards - core option, UN Global Compact, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate change
• Biodiversity
• Social challenges
• People
• Digital innovation
• Governance

Environmental Achievements

• Increased sales supporting the low-carbon economy transition by 34% from the previous year.
• On track to meet Science Based Targets aligned to 1.5 degrees.
• Remediated 279+ hectares of land to beneficial use.
• Installed over 160 gigawatts of renewable energy capacity.

Social Achievements

• Launched Sustainable Connections, a podcast connecting ambition to action.
• Maintained an attrition rate below industry benchmark.
• Achieved net engagement score above industry average.
• Offered inclusive leadership training to 2,000 leaders.

Governance Achievements

• Implemented formal Board oversight of sustainability and ESG targets.
• Developed methodology for integrating ESG criteria into the Executive Committee and Partner performance management system.
• Implemented updated approach to client and project selection.

Climate Goals & Targets

Environmental Challenges

• Scope 3 emission reductions remain the biggest challenge.
• Supply chain challenges.
• Growing challenges like scoring discrepancies from different ratings agencies.

Mitigation Strategies

• Finalized a complete review of Scope 3 emissions.
• Launching a supply chain engagement strategy.
• Developed a robust plan to address residual emissions (using RECs and high-quality carbon credits).
• Updated enterprise risk management system to align more fully with the COSO framework.

Supply Chain Management

Responsible Procurement

• Supplier Code of Business Conduct and Ethics
• Sustainable Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity and drought

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 45001, ISO 9001, ISO 14001

Third-party Assurance: LQRA

UN Sustainable Development Goals

• All SDGs

Contributions through client work, operations, and collaborations.

Sustainable Products & Innovation

• emissions.AI
• ESG Fusion
• Connected Safety
• Climate Impact Platform
• Net Zero Compass
• Assess
• Libryo
• Dolphyn Hydrogen

Awards & Recognition

• Gold level recognition from the Learning and Performance Institute’s Learning Awards
• Two Business Achievement Awards from Environmental Business Journal
• Top 10 performer in Reporting Matters from WBCSD
• Leader in Digital Environmental Health & Safety Technology Implementation from Verdantix
• Highly commended awards for the ESG Innovation Award and the Net Zero Accelerator Award from Environment Analyst
• Number one position in the Sustainability Services Top 10 report from HFS Research
• Technical Consultant - Specialist award at the IJInvestor Awards
• Stronger Together award at the Netherlands British Chamber of Commerce Awards

Environmental Metrics

ESG Focus Areas

• Climate Change
• Waste Reduction
• Supply Chain Sustainability
• Biodiversity
• Circular Economy
• Social Equity
• Governance

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• High costs of green innovation
• Capital intensity of new production
• Dependency on carbon-based feedstock
• Geopolitical instability impacting energy costs and supply chain stability
• Supply chain disruptions
• Shortages and high prices of raw materials
• Labor shortages
• Negative reputational impacts due to harmful chemicals
• Biodiversity loss

Mitigation Strategies

• Supplier diversification
• Investing in R&D for green chemistry and low-carbon technologies
• Transitioning to a circular economy
• Implementing nature-based solutions (NbS)
• Improving supply chain transparency and traceability
• Setting ESG standards for suppliers
• Investing in renewable energy
• Developing sustainable products
• Phasing out controversial products
• Improving process efficiency
• Waste-to-chemicals technologies
• Design for circularity

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Setting ESG standards for suppliers
• Improving supply chain transparency and traceability
• Due diligence practices

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events impacting supply chains

Transition Risks

• Regulatory changes
• Market shifts towards sustainable products

Opportunities

• Development of energy-efficient products
• Growth of the green product market

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Green chemicals
• Bioplastics
• Sustainable adhesives
• Bio-based raw materials

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Transition

Climate Goals & Targets

Environmental Challenges

• Meeting massive energy demand growth in Asia while drastically reducing greenhouse gas emissions.
• Developing viable pathways for energy transition technologies' value chains due to intersecting technical, commercial, and policy challenges.
• Absence of widespread climate policies and sufficiently high carbon prices to incentivize CCS and hydrogen market development before 2030.

Mitigation Strategies

• Policy support to drive clean energy investment and solutions for accelerated decarbonization.
• Governments providing policy clarity and support to drive market development.
• Financial incentives and revenue mechanisms (though more substantial ones are needed).
• International cooperation on energy transition technologies, including cross-border agreements.
• Collaborative approaches between government, civil society, and industry stakeholders.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• 7
• 13