Sustainability Framework
Climate Action Plan
Driven by our purpose to help build a sustainable future, Sembcorp believes we have a responsibility to respond to climate change. We are transforming our portfolio from brown to green, growing our renewable energy capacity and setting targets to reduce our carbon footprint. With our focus on renewable energy and integrated urban solutions, we believe we can be a leading provider of sustainable solutions to help support the energy transition and sustainable urban development.
Our Climate Action Targets and Commitments
Sembcorp was the first Singapore energy company to launch a comprehensive climate change strategy in 2018. Today, we are stepping up this commitment with the following climate action targets as a Group.
Sustainability framework
As a Group, Sembcorp has long held a strong commitment to sustainability. We believe that responsible corporates can play a role as agents of transformation for a sustainable future. We see sustainability in our company as the creation of value over time for all our stakeholders, through an integrated approach that addresses evolving environmental, social and governance challenges and opportunities.
Sustainability is one of the key pillars of our business strategy that underpins our value creation process. In Singapore and all other markets that we operate in, we seek to enable a low-carbon and circular economy, empower our people and communities, and embed responsible business practices throughout our organisation. These ambitions in turn support the United Nations (UN) Sustainable Development Goals (SDGs).
Driven by Our Purpose
Our purpose and passion is to do good and play our part in building a sustainable future. Our vision is to be a leading provider of sustainable solutions – supporting development and creating value for our stakeholders and communities.
Underpinned by Our Values
CREATIVE INSIGHT
We innvovate and solve complex problems
COMMITTED
We walk the talk, do the right thing and deliver on our promises
CONNECTED
We value our people, forge strong partnerships and care for our communities and the environment
Sustainable development goals
In line with our Group strategic focus as a provider of sustainable solutions, we have adopted SDG 7 (Affordable and Clean Energy), and SDG 13 (Climate Action) as our priority SDGs. We aim to make meaningful commitment in these areas.
