As a company with a strong commitment to sustainability, Sembcorp believes in managing its impact on climate and the environment in a responsible manner.
Its overall strategy, guided by its board of directors, takes into consideration sustainability issues. Environmental, social and governance (ESG) issues that are material to Sembcorp’s long-term sustainability are identified, tracked and managed. Sembcorp has a high-level Sustainability Steering Committee which provides strategic direction for managing sustainability-related risks and opportunities, and oversees frameworks, policies, guidelines and processes to ensure that sustainability issues are effectively managed. Sembcorp adopts a precautionary approach to avoid or minimise negative impacts and is also a signatory to the United Nations Global Compact.
Globally, Sembcorp actively invests in green energy businesses, including wind, solar, biomass and energy-from-waste assets.
In Singapore, it has helped push the envelope for the greening of industry by introducing ground-breaking energy assets running on alternative fuels. Its first such plant, the Sembcorp Woodchip Boiler, opened in 2012. This biomass energy plant produces renewable steam for Jurong Island companies.
It is fuelled by woodchips, processed from wood waste disposed of by construction and demolition projects in Singapore. The plant allows Sembcorp to reduce its use of fossil fuels, and also helps the company’s customers reduce their carbon footprint.