Climate change & pollution are not only an environmental problem, but also a fundamental economic and social issue posing various risks to businesses. By integrating climate change issues into our business strategy, Salcon aims to minimize the impact to the environment through best environmental operating practices and reducing carbon emissions. 

Our Targets

Energy Consumption

To reduce energy consumption by 10% on a per unit basis by 2026 from 2016 for administrative offices.

Water Consumption

To reduce water consumption by 10% on a per unit basis by 2026 from 2016 for administrative offices.

Carbon Intensity

To reduce carbon intensity by 10% by 2026 from 2019.

Task Force on Climate-related Financial Disclosures (TCFD)

We voluntarily disclose our climate-related financial disclosures in four key pillars as recommended by the Taskforce for Climate-related Financial Disclosure (TCFD) starting in 2019. The TCFD was launched to help companies understand, measure and respond to climate change risks and opportunities. Whilst we have the building blocks in place to implement the TCFD recommendations into our existing management processes, we recognize that there are areas we need to strengthen specifically in terms of our strategy and disclosure on metrics and targets.

Core Elements Salcon’s Key Approaches
Governance
  • Salcon’s board-level has oversight of the Group’s climate-related risks and opportunities. The Board is updated on the Group’s sustainability strategy and initiatives at least once a year and approves the Sustainability Statement which provides comprehensive disclosures on the company’s environmental and climate change agenda.
Strategy
  • Adopted Environmental & Climate Change as a key material issue by Sustainability Working Group (SWG) and validated by the Sustainability Committee
  • Embarked on Climate Change Scenario Planning.
  • Launched the Salcon Green Policy in 2016 to further enhance our environmental sustainability efforts in key focus areas. The policy elaborates our commitments in different areas in reducing carbon footprint and pollutions. 
  • In order to ensure the sustainability of our precious water resources, the approaches in managing water is detailed in our Water Management Plan.
Risk Management
  • Environment and climate change risks are identified as strategic business risks and embedded into Salcon’s Enterprise Risk Management (ERM) framework.
  • Beyond managing climate-related risks and opportunities under the ERM framework, we also manage operational issues pertaining to climate change, energy, water and raw material supply through the ISO 14001 Environmental Management System.
Metrics and Targets
  • Continue to track and monitor a number of climate related metrics including 3-year energy consumption intensity, water consumption intensity & carbon intensity.
  • Disclosure of carbon intensity including Scope 1 & 2 GHG emission in sustainability statement.