The Sustainability Framework outlines SIAEC’s approach in management of our sustainability topics under four key pillars, which are aligned to the six capitals (financial, manufactured, intellectual, human, natural, and social and relationship capitals) defined by the International Integrated Reporting Council, and are in support of the 13 United Nations Sustainable Development Goals (UN SDGs).
Introduction of LEAN methodology to staff
Agile Cafe to introduce Agile Methodology
Signing of MRO JV in Malaysia
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Sustainability Topics |
2030 Goals |
|---|---|
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Economic performance and value creation |
Continue to generate and distribute sustainable economic value to our shareholders and stakeholders, while ensuring long-term value creation |
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Service Quality |
No major findings from audits by aviation authorities |
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Human rights, child and forced/compulsory labour |
No non-compliance with employment laws |
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Innovation and technology |
Continue to develop innovative solutions to aid employees in enhancing safety and efficiency, meet customers’ changing needs and stay at the forefront of the industry |
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Data protection and cybersecurity |
No major incidents of cybersecurity breaches and data losses |
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Capability building and internationalisation |
Continue to expand our capabilities and geographical footprint to better serve customers’ needs |
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Business ethics and governance |
No non-compliance with regulatory laws and corruption |
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Compliance with laws and regulations |
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Sustainability Topics |
2030 Goals |
|---|---|
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Employee health, safety and well-being |
No work-related fatalities |
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Talent attraction, retention, training and development |
Grow capabilities and continuous improvement culture for sustainable business growth |
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Diversity, equal opportunities and non-discrimination |
No incidences of discrimination |
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Labour-Management relations |
Maintain harmonious industrial relations through collaborative partnerships |
STAR Award as recognition for staff
Straits Times rated SIAEC as one of 2024 Best Employers
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Sustainability Topics |
2030 Goals |
|---|---|
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Climate change resilience and mitigation |
Halve Scope 1 and 2 Emissions (against FY19/20 baseline) and towards net-zero emissions by 2050 |
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Energy and emissions management |
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Water and effluents management |
15% reduction in water intensity (against average intensity from FY2017/18 to FY2019/20) |
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Waste management and resource circularity |
30% recycling rate |
Staff participating at beach cleanup at Yishun dam
Staff learning about food waste and circular food economy
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Sustainability Topics |
2030 Goals |
|---|---|
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Sustainable supply chain management |
Strong collaboration with key suppliers who support our sustainability ambitions, to work towards a sustainable supply chain |
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Community and social vitality |
Continue to support underprivileged and raising awareness on environmental sustainability |
Families and friends gathered for charity fun run organised by Sports and Recreational Club (SRC)
Corporate Social Responsibility (CSR) collaborate with Food From the Heart on food delivery to its beneficiaries
