- Rise in geopolitical tensions, high-interest-rate environment, persistent price inflationary pressures on raw materials, labor, and subcontracting contracts.
- Significant increase in subcontracting charges or substandard subcontractor works may have adverse impacts on the Group’s financial results.
- Construction works are highly labor-intensive and the Group relies on a stable supply of labor to carry out its projects.
S&T Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, S&T Holdings Limited disclosed greenhouse gas emissions of 4.168 tonnes/year. By scope: Scope 1: 43.2K tCO2e/year; Scope 2: 30.86 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
4.168 tonnes/year
2023
Water Usage
2.5K m3/year
2023
Waste
65.91 tonnes/year
2023
Energy Use
13.2M kWh/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). | 43.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 30.86 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 | 4.168 tonnes/year |
| 2022 | 4.9K tonnes/year |
| 2021 | 5.4K tCO2e/year |
| 2020 | 3.5K tCO2e/year |
| 2019 | 6.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Overall waste at construction sites decreased from 230.49 tonnes to 65.42 tonnes. Intensity for total waste at construction sites decreased by approximately 65.6%
- GHG emissions intensity for Scope 1 decreased by 10.3% from 63.87 tCO2e per million S$ revenue to 57.31 tCO2e per million S$ revenue.
- Energy consumption intensity decreased by approximately 10.5% to 234,738 kWh per million S$ revenue.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain zero instances of non-compliance to relevant laws and regulations with regard to waste treatment and disposal.
- Reduce intensity of total waste output by 5%
- Increase the percentage of male and female employees receiving training by 3%
📅 Medium-term
- Achieve Air Emission Intensity of less than 0.08 tonne per million S$ revenue.
- Achieve GHG Emission Intensity of Scope 1 of less than 65.00 tCO2e per million S$ revenue and Scope 2 of less than 0.60 tCO2e per million S$ revenue.
- Achieve Water Intensity and Energy Intensity of less than 50 m3 per million S$ revenue and 300,000 kWh per million S$ revenue.
- Increase the average training hours for male and female employees to at least 9 hours and 3 hours respectively.
🔭 Long-term
- Maintain workplace fatality rate of zero.
- Achieve less than 200 lost days due to injuries.
🌱 ESG Focus Areas
Environmental ComplianceEmissionsWaste ManagementResource Usage and EfficiencyWastewater ManagementUse of Raw Material and PackagingImpact on Environmental and Natural ResourcesClimate ChangeEmployment Practices and ComplianceEmployee RetentionHealth and SafetyStaff Training and DevelopmentLabour StandardsSupply Chain ManagementProject Quality ManagementCustomer Compliant ManagementIntellectual Property, Marketing and LabellingCustomer Privacy and Corporate Information ProtectionCommunity InvestmentAnti-corruptionBusiness Conduct and Ethics