ST Engineering

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, ST Engineering disclosed greenhouse gas emissions of 37.7K tCO2e (Scope 12 & 3). By scope: Scope 1: 3.7K tCO2e; Scope 2: 1.7K tCO2e; Scope 3: 32.3K tCO2e. 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
37.7K tCO2e (Scope 12 & 3)
2023
⚡
Renewable Energy
12%
of total energy
💧
Water Usage
796.0K m3
2023
♻️
Waste
20.9K tons
2023
⚙️
Energy Use
1.5M GJ
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).3.7K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.7K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).32.3K tCO2e

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
202337.7K tCO2e (Scope 12 & 3)
20223.4K tCO2e/year

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 increase year-on-year planned productivity savings
  • Improve RFR and RSR by 5%
  • Enhance and fine tune data collection processes

📅 Medium-term

  • Halve absolute Scope 1 and Scope 2 GHG emissions by 2030 compared to 2010
  • Increase sustainability-linked revenue to more than $3 billion by 2026

🔭 Long-term

  • Net zero emissions (long-term goal mentioned, specific year not stated)

🌱 ESG Focus Areas

Climate ChangeEconomic Performance & ProductivityTechnology & InnovationResponsible & Resilient Supply ChainEnvironmental ProtectionSustainable Quality Products & SolutionsPeople ExcellenceTotal Workplace Safety & HealthCorporate Community ContributionsEthical Business & Regulatory ComplianceCybersecurity & Data Protection

⚠️ Challenges & Risks +

  • Supply chain disruptions due to geopolitical tensions and climate change
  • Climate change related physical and transition risks
  • Cybersecurity threats

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB Standards – Aerospace and Defence, TCFD recommendations, UNGC
Assurance: Lloyd’s Register Quality Assurance Ltd (for Singapore entities’ GHG emissions)