- Higher reversal of provision for onerous contracts in FY2022 and continued deliveries of low-margin projects in FY2023.
- Rising cost pressures and manpower constraints in a highly competitive market.
- Lower business volumes for non-destructive testing and heat treatment services in the region.
- Two entities did not complete the Ministry of Manpower’s mandatory Safety Time Out Checklist by the required date and were penalized.
Tai Sin Electric Limited
Greenhouse gas emissions & sustainability report data
In its 2022-07 to 2023-06 reporting, Tai Sin Electric Limited disclosed greenhouse gas emissions of 3.2K tCO2e/year (Scope 1 and 2 Singapore operations). By scope: Scope 1: 820.63 tCO2e/year (Singapore operations); Scope 2: 2.4K tCO2e/year (Singapore operations). 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
3.2K tCO2e/year (Scope 1 and 2 Singapore operations)
2022-07 to 2023-06
Water Usage
18.37 ML/year (Singapore operations)
2022-07 to 2023-06
Energy Use
32.2K GJ/year (Singapore operations)
2022-07 to 2023-06
📊 Emissions by Scope (2022-07 to 2023-06)
| 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). | 820.63 tCO2e/year (Singapore operations) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.4K tCO2e/year (Singapore operations) |
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 |
|---|---|
| 2022-07 to 2023-06 | 3.2K tCO2e/year (Scope 1 and 2 Singapore operations) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Three sites in Singapore achieved ISO 14001 certification (Tai Sin Electric Limited, Tai Sin Power Distribution Pte Ltd and CAST Laboratories Pte Ltd)
- In FY2023, total energy consumption from Singapore operations amounted to 32,225 GJ. The company plans to move away from internal combustion engine vans in the future.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve employee retention rate in FY2024.
- Aim for zero recordable work-related injuries in FY2024.
- Actively measure and monitor energy consumption and GHG emissions in FY2024 and aim to set reduction targets.
📅 Medium-term
- Achieve an average of 40 hours of training per employee in FY2024.
- Actively measure and monitor water consumption in FY2024 and aim to set reduction targets.
🌱 ESG Focus Areas
Our Environmental EffortsOur PeopleGovernance and Economic Performance