ST Engineering Annual Report 2020

CORPORATE OVERVI EW PERFORMANCE REVI EW SUSTAINABI L ITY CORPORATE GOVERNANCE F INANCIAL REPORT What We Did In 2020 What We Will Do In 2021 HowWe Manage It Environmental efforts are coordinated by the Environment Committee. All material business units in Singapore are certified to ISO 14001 Environmental Management Systems Standards. Our global operations abide by relevant environmental regulations and requirements. • GHG emissions intensity reductions on track. • GHG emissions and water consumption reduction targets reviewed and maintained. • Waste recycling data for Singapore operations tracked and reported. • Review and set a new GHG emissions target for our global operations. • Expand our data reporting and management for GHG emissions, water and waste to include global operations. Productivity efforts are coordinated by the Continuous Improvement Committee. Initiatives such as Kaizen projects, quality action teams and value innovation teams are embedded into day-to- day operations. We empower employees to identify and eliminate waste, and recognise exemplary contributions. • Achieved realised productivity savings of $23.7m through continuous improvement (CI) initiatives. • Achieved a value added per employment cost of 1.54. • Increase year-on-year productivity savings by at least 10%. • Continue to roll out CI programmes to business units outside Singapore. Our technology community actively looks into the design and development of products that are more sustainable. Our engineers incorporate green considerations not just into end products but also from the perspectives of responsible production and through-life support. Through these efforts, we are able to empower and enable our customers to become more sustainable. • Identified key attributes for green products and services across the Group. • Started training programmes for sustainable engineering. • Enhance tracking of R&D investments in green products and services in our global business units. • Increase Group-wide emphasis on sustainability considerations in the design and development of products and services. 79 ANNUAL REPORT 2 0 20 /