ST Engineering Sustainability Report 2020

CORPORATE OVERVI EW PERFORMANCE REVI EW SUSTAINABI L ITY CORPORATE GOVERNANCE F INANCIAL REPORT Meeting Increased Power Demand with Floating Power Plants Floating Power Plant (FPP) projects meet the increased demand for power. Compared to conventional land-based solutions of similar capacity, the FPP is more cost-effective because it is highly mobile. FPPs provide electricity supply to areas with limited infrastructure, including urban areas with rapid and significant growth in demand. As a mobile asset, it can be easily relocated, providing power to affected places in the aftermath of earthquakes or floods. Unique to our first FPP is an innovative steam- water cycle design that significantly improves the plant’s gross electrical efficiency by up to 56%, resulting in cleaner energy. Sustainable Consumption • New lease of life for ageing passenger aircraft by converting them into freighters • Extension of service life for military platforms Pollution Reduction • Compliance with regulatory requirements relating to pollution arising from the manufacturing, utilisation and maintenance of our products • Lifecycle environmental hazard analysis and environmental impact assessments • Selection of sustainable materials during design phase Eco-Manufacturing • Robotics and automation to eliminate re-work and improve quality • 3D printing applications across multiple business domains • Nesting software to reduce waste material GHG Reduction • Smart street lights that reduce energy consumption by up to 20% • Smart traffic junctions and management systems that reduce congestion and fuel use • Smart districts and buildings that optimise energy efficiency • Airbitat family of coolers that deliver cooling with an 80% reduction in energy consumption compared with conventional coolers • Conversion of internal combustion engine buses to hybrid electric • Design and conversion of diesel powered ships to LNG-fuelled or LNG hybrid ships • EcoPower wash system for aircraft engines to improve fuel efficiency Eco-Disposal & Recycling • Green end-of-life solutions for aircraft • Extended product responsibility including compliance with Singapore National Environment Agency’s Resource Sustainability Act 2019 Advanced Digital Technologies for Smart Cities To enhance our efforts to deliver differentiated and people- centric smart city solutions, we are collaborating with the National University of Singapore on a $9m, multi-year advanced digital technologies research programme covering five areas: resource optimisation and scheduling, prescriptive analytics, decision and sense-making, reasoning engine and machine learning as well as the creation of digital twins. For more examples of our technology and innovations, please refer to pages 34 to 37 85 ANNUAL REPORT 2 0 20 /