SUSTAINABILITY ECONOMIC R&D AMOUNT $420m spent on Research & Development (R&D) in 2024 SUPPLY CHAIN $1.2b of purchases from Small and Medium Enterprises (SMEs) in Singapore SUSTAINABILITY DASHBOARD ENVIRONMENTAL GOVERNANCE FINESZero significant fines in 2024 GHG EMISSIONS 25% reduction in absolute Scope 1 and 2 Greenhouse Gas (GHG) emissions from a 20151 base year BRIBERY & CORRUPTION Zero bribery and corruption cases in 2024 GREEN ENERGY 20% of electricity consumption from global operations derived from renewable energy RECOGNITION CONSTITUENT OF DOW JONES BEST-IN-CLASS ASIA PACIFIC INDEX BASED ON LONG-TERM ESG CRITERIA COMMUNITY CHEST AWARDS – CHARITY PLATINUM AWARD SIXTH CONSECUTIVE YEAR SOCIAL LEARNING & DEVELOPMENT 29 average training hours per employee WORKPLACE HEALTH AND SAFETY (WSH) INCIDENT RATE 0.41 Recordable Frequency Rate (RFR*) CORPORATE COMMUNITY CONTRIBUTIONS $2.8m worth of community contributions by the Group, employees and other stakeholders PEOPLE MANAGERS 16% of male employees are people managers 15% of female employees are people managers 6.65 Recordable Severity Rate (RSR*) 1 Previously, we set a target to halve our absolute Scope 1 and Scope 2 GHG emissions by 2030 compared to 2010. This year, we refreshed our base year to 2015, in line with best practices. * RFR = Recordable Frequency Rate; RSR = Recordable Severity Rate. We are progressively including non-material overseas branch offices under our operational control. 58 ST ENGINEERING | ANNUAL REPORT 2024
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