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Sustainability

Our Sustainability Approach

ST Engineering believes that creating sustainable value for our stakeholders is essential to the Group’s success. Our business processes reflect long-term and multi-stakeholder considerations, balancing customers’ needs today with longer-term developments. We strive to offer products and solutions that enable our customers to operate sustainably.

Our Material Factors

In assessing materiality, ST Engineering considers factors that impact our businesses and our stakeholders, from both the financial and non-financial perspectives. Our key stakeholders include shareholders and investors, customers, regulators and governments, employees and other workers, suppliers and collaborators, and local communities.

Climate Change

We are aligned with our stakeholders' efforts to act responsibly and combat climate change. We target to halve our absolute greenhouse gas emissions by 2030 compared to 2010 and has joined the Singapore Low Carbon Network as an inaugural member in 2021, in addition to implementing TCFD recommendations in our sustainability reporting efforts.

People Excellence

We are only as strong as our people. Our people and culture strategy seeks to enhance our capability and capacity for growth, build a passionate and engaged workforce and position us at the forefront of people practices.

Governance

We comply with applicable laws and regulations in the jurisdictions where we operate. We have zero tolerance for fraud and corrupt practices. In addition, we actively protect our data and those entrusted to us by our stakeholders.

We aim to positively impact people’s lives and the health of our planet by being a responsible global citizen. We do this by harnessing technology and innovation to address real-world problems. We also incorporate ESG practices into our businesses globally.

Vincent Chong, Group President & CEO


The Sustainability Report 2021 is available now. 

This Report is approved by the Board and prepared in accordance with Global Reporting Index (GRI) Standards: Core Option, Singapore Exchange Securities Trading Limited Listing Rules 711A, 711B and Practice Note 7.6, recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB), Standards (Aerospace & Defence).

Past Sustainability Reports

Feedback and Questions

Sustainability

  • Singapore