Energy and Emissions Management
Emissions contribute to environmental issues like extreme weather, habitat loss and rising sea levels.
We have set a clear carbon-reduction target to achieve a 30% reduction in emissions by 2030 (Scope 1 & 2 only).
We recognise that responsible energy choices generate value and by using renewable energy sources we can reduce our environmental impact.
Implemented a tracking and reporting process
Developed a carbon calculator to track electricity and fuel consumption
Installing solar photovoltaic (PV) panels across our facilities
Exploring innovative ways to incorporate solar PV panels. I.E solar shades
Adopt cleaner, energy-efficient solutions by deploying technologies and solutions that reduce our energy consumption and emissions. I.E replacing outdated equipment and machinery with more energy-efficient models.
Transitioning to renewable energy sources where applicable. e.g. Performance Motors Limited (PML) in Singapore transitioned to a new electricity provider, offering 100% certified renewable energy in FY2023.
Alignment to TCFD and our ESG training initiatives support our ability to identify opportunities to reduce our greenhouse gas (GHG) emissions and energy dependency.