Serial System Ltd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Serial System Ltd disclosed greenhouse gas emissions of 782.24 tons CO2e (Scope 1 & 2) + 1,742.30 tons CO2e (Scope 3). By scope: Scope 3: 1.7K tons CO2e. 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
782.24 tons CO2e (Scope 1 & 2) + 1,742.30 tons CO2e (Scope 3)
2023
💧
Water Usage
10.8K m3
2023
♻️
Waste
4.39 tons (paper)
2023
⚙️
Energy Use
1.5K MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.7K tons CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Install solar panels in Singapore head office by Q4 2024

📅 Medium-term

  • Progressively install solar panels in other offices where feasible
  • Reduce Scope 1 and 2 emissions by 30% from 2019 baseline
  • Reduce Scope 3 emission intensity by revenue by 20% from 2022 baseline

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Increased electricity consumption due to inclusion of ACTH's whole year consumption
  • Increased use of air freight shipment mode
  • Increased paper consumption

📋 Report Information

Reporting Period: 2023
Frameworks: SGX-ST Listing Manual Rules 711A and 711B, ISSB, SASB, GRI Universal Standards 2021, TCFD
Assurance: Internal review