Hevra6

We have identified significant environmental impacts from our business activities in Singapore. Our primary impacts relate to energy consumption in our operations, waste generation from our processes, and water usage. We are working to better understand the scale of these impacts through improved data collection and monitoring systems to inform future management decisions.

We have implemented several measures to reduce our environmental impact at our Singapore operations. These include transitioning to energy-efficient LED lighting across our facilities, establishing a waste segregation programme to increase recycling rates, and reducing single-use plastics in our office spaces. We have also begun tracking our electricity and water consumption monthly to identify further reduction opportunities. These initial steps form the foundation of our ongoing environmental management efforts.

We have identified several environmental and regulatory risks relevant to our operations in Singapore. These include potential changes to carbon pricing mechanisms under the Carbon Pricing Act, stricter waste management requirements, and evolving energy efficiency standards for commercial facilities. Water scarcity and supply disruptions present operational risks given our resource needs. We also monitor developments in environmental reporting obligations and packaging waste regulations that may affect our business activities and compliance costs in the coming years.

We recognise that growing demand for sustainable products and services in Singapore presents potential opportunities for our business. We are exploring ways to reduce resource consumption and waste in our operations, which may lower costs over time. Additionally, we see interest from some customers and partners in environmental performance, which could influence future business relationships. We continue to assess how climate-related improvements might support our long-term competitiveness in the market.

We have established a climate strategy focused on measuring and reducing our operational carbon footprint in Singapore. Our approach includes tracking energy consumption across our facilities, identifying emission hotspots, and implementing targeted efficiency improvements where feasible. We engage with suppliers on environmental practices and consider climate-related factors in our procurement decisions. The strategy is reviewed periodically by management to align with our business operations and resource capacity as we continue to refine our understanding of climate risks and opportunities.