Raffles Medical Group Ltd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2017

In its 2023 reporting, Raffles Medical Group Ltd disclosed greenhouse gas emissions of 18.1K tCO2e/year (Scope 1 and 2 combined). By scope: Scope 1: 1.6K tCO2e/year; Scope 2: 17.5K 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
18.1K tCO2e/year (Scope 1 and 2 combined)
2023
💧
Water Usage
161.2K m3/year
2023
♻️
Waste
796.1 tons/year
2023
⚙️
Energy Use
28.7K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.17.5K 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 periodHeadline emissions figure reported
202318.1K tCO2e/year (Scope 1 and 2 combined)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Continue to provide patients with easy access to healthcare services
  • Maintain low rate of incidence for patient safety
  • Maintain Customer Satisfaction Index above 70
  • China operations – to commence WSH audit
  • Maintain 0 fatality, 0 high consequence injury, and 0 recorded work-related ill health

📅 Medium-term

  • Reduce levels of Scope 1 and Scope 2 emissions by 5%
  • 5% reduction in energy consumption intensity by 2035
  • 5% reduction in water consumption intensity by 2035
  • 5% reduction in waste consumption intensity by 2035

🔭 Long-term

  • Reduce levels of Scope 1 and Scope 2 emission by 10%

🌱 ESG Focus Areas

Patient SafetyClinical QualityData Privacy and SecurityWorkplace Health and SafetyCustomer SatisfactionCorporate Social ResponsibilityBoard DiversityEmissionsEnergy ConsumptionWater ConsumptionWaste ManagementClimate Change Adaptation and Mitigation

⚠️ Challenges & Risks +

  • Slower economic growth in Singapore, China, and other ASEAN countries
  • Growing trade barriers and geopolitical tensions
  • Higher inflation and labor constraints dampening demand for high-end healthcare services
  • Gestational losses in Shanghai and Chongqing hospitals (developmental phase)
  • Shortage of healthcare workers

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Universal Standards 2021, SGX-ST Listing Rule 711 (A) and (B), SGX-ST Sustainability Reporting Guide (Practice Note 7.6), SGX 27 Core ESG metrics, TCFD (in progress)
Assurance: Internal audit