- Lower fabrication revenue in FY2023, partially offset by higher chartering revenue in 2H2023.
- Impairment loss on vessel.
- Higher foreign exchange loss in FY2023.
- Geopolitical uncertainties (Ukraine-Russia war, Israel-Hamas conflict), slower global economy, high interest rates/inflation, and extreme weather events.
- Supply chain disruptions increasing shipping times and costs.
Baker Technology Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Baker Technology Limited disclosed greenhouse gas emissions of 559 tCO2e/year (Scope 1 & 2). By scope: Scope 1: 83 tCO2e/year; Scope 2: 442 tCO2e/year; Scope 3: 51 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
559 tCO2e/year (Scope 1 & 2)
2023
Waste
601 tons/year (hazardous and non-hazardous)
2023
Energy Use
5.4K GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 83 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 442 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 51 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 559 tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total Scope 1 and Scope 2 GHG emissions intensity by 4% from 25tCO2e/$million revenue in 2022 to 24tCO2e/$million revenue in 2023.
- Improved energy intensity by 6.4% from 250GJ/$million revenue in 2022 to 234GJ/$million revenue in 2023.
- Recycled 430 tonnes of operational waste (steel scrap, timber, paper).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 2 emissions by 50% in the next 3 years.
🔭 Long-term
- Net zero emissions by 2050 (aligned with Singapore's target)
🌱 ESG Focus Areas
EconomicEnvironmentalSocialGovernance