- Continued declines in steel and scrap metal prices
- Intense competition in the Metals segment
- Reduction in revenue in the Scaffolding segment due to normalization of operations after COVID-19 pandemic backlogs
Union Steel Holdings Limited
Greenhouse gas emissions & sustainability report data
In its July 2023 - June 2024 reporting, Union Steel Holdings Limited disclosed greenhouse gas emissions of 1.6K tCO2e/year. By scope: Scope 1: 1.0K tCO2e/year; Scope 2: 547.8 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
1.6K tCO2e/year
July 2023 - June 2024
Energy Use
1.3K kWh/year
July 2023 - June 2024
📊 Emissions by Scope (July 2023 - June 2024)
| 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). | 1.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 547.8 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 |
|---|---|
| July 2023 - June 2024 | 1.6K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Adoption of electric-powered forklifts
- Fleet renewal program aimed at enhancing efficiency and reducing emissions
- Implementation of zero-power waste policies at our operating locations
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain employee turnover rate at less than 20%
- Enhance workplace safety and comply with WSH Act, aiming for zero fatalities and a decline in accidents
📅 Medium-term
- Lower the rate of major work-related injuries through improved safety measures
- Achieve further reduction in major work-related injuries
- Decrease the rate of minor work-related injuries by addressing common hazards
- Switching to renewable energy sources on a phase approach
🔭 Long-term
- Keep zero-fatality record by reinforcing safety practices
🌱 ESG Focus Areas
Economic PerformanceAnti-CorruptionA Responsible EmployerOccupational Health and SafetyBuilding Strong and Long-Lasting RelationshipsSupporting the CommunityProtecting the Environment