“With facilities such as the Sembcorp Woodchip Boiler in Singapore, and a growing wind and solar energy portfolio in India and China, Sembcorp is actively promoting renewable energy to help meet the energy needs of industry and communities in Asia.”
Sembcorp Industries Limited (Sembcorp) is a leading utilities, marine and urban development group operating across five continents worldwide. Its utilities arm is a provider of essential energy and water solutions to both industrial and municipal customers. Listed on the main board of the Singapore Exchange, Sembcorp is a component stock of the Straits Times Index and several MSCI and FTSE indices.
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.
The facility is highly automated to ensure safety and efficiency. A continuous monitoring system provides Singapore National Environmental Agency with 24-hour live access to plant emissions data. The plant’s design meets the Building and Construction Authority’s Green Mark Gold Standard, and incorporates natural ventilation and lighting, solar power and recycled building material and equipment.
Following from the Sembcorp Woodchip Boiler, Sembcorp has also begun development of another energy-from-waste plant on Jurong Island, and has embarked on distributed solar energy projects in Singapore.
It is also rapidly growing its green energy business internationally. The company’s total renewable and low-carbon portfolio stands at more than 2,000 megawatts. This encompasses wind and solar power assets, as well as biomass and energy-from-waste operations, and now extends across Singapore, China, India and the UK.
Sembcorp’s efforts to run a sustainable business have not gone unnoticed. The company is an index component of the 2017 Dow Jones Sustainability Asia / Pacific Index. It has been recognised as one of Singapore’s most sustainable by Channel NewsAsia in its Sustainability Ranking, as well as by the Securities Investors’ Association of Singapore at the 2017 Investors’ Choice Awards.
This year, Sembcorp has also named one of the Top Green Companies in Asia, at the Asia Corporate Excellence & Sustainability Awards 2017.
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As One Of Asia’s Top Leadership and Sustainability Players