ST Engineering Annual Report 2022

AND IS INTEGRATED INTO OUR STRATEGY AND OPERATIONS SUSTAINABILITY We support inclusive development, nurturing an ecosystem that promotes the continuous growth of our business. We facilitate this by contributing to the communities that we operate in and developing our people. Integrating sustainability into our strategy and operations ensures that our business remains resilient in the midst of an uncertain and volatile world. WE CONDUCT OUR BUSINESS RESPONSIBLY As a Group, we are committed to protecting human rights and adhere to all labour laws and regulations where we operate. SUSTAINABILITY IS CRITICAL FOR OUR LONG-TERM SUCCESS Creating value for our stakeholders in a sustainable manner is essential to the Group’s success. Our business processes reflect long-term and multi-stakeholder considerations, balancing customers’ needs of today with the world's needs of tomorrow. We believe in doing well while doing good. This includes offering products and solutions that enable our customers to operate sustainably while conducting our business ethically and responsibly. Sustainability is deeply embedded in ST Engineering. Our focus on 'People, Planet, Profit' is aligned with our plans for growth. In 2022, we set up the Green Technology Taskforce to explore frontier green technologies that can help us use technology and innovation to address climate change. This presents opportunities for the Group. Moving forward, we continue to strive to identify more synergies between sustainability and the future growth of our business. CHERYL CHAN Group Chief Strategy & Sustainability Officer We provide safe and healthy working conditions, and respect the dignity of the individual. We have zero tolerance for unethical labour practices such as child labour, forced labour, slavery and human trafficking in any of our operations. We prohibit discrimination and harassment at our workplaces. We support the right to freedom of association and encourage effective communication and consultation with our employees. We do not design, produce or sell anti-personnel mines, cluster munitions and white phosphorus munitions or any of their related key components.

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