ENVIRONMENTAL ENVIRONMENTAL PROTECTION Greening our Energy Sources To transition towards a low carbon future, ST Engineering is committed to exploring opportunities to harness renewable energy. ST Engineering has transitioned a significant part of our energy consumption to renewable sources such as solar power throughout our international and local businesses. Globally, 20% of our electricity is derived from renewable energy. Our Land Systems and Urban Solutions business areas are on track to install more solar PVs on their facilities’ rooftops. In Dresden, Germany, our joint venture company, Elbe Flugzeugwerke (EFW)’s facility is 100% powered by renewable electricity. Contributing to this are solar panel systems installed across two hangar roofs, which were locally sourced to minimise our Scope 3 carbon footprint. EFW’s newly built facility in Kodersdorf, Germany also incorporated solar panel systems from the outset. Moving forward, EFW is looking into adding more solar panels across both facilities. 28 ST ENGINEERING | SUSTAINABILITY REPORT 2024
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