SOCIAL → Responsible Procurement Growing Together with SMEs We launched a strategic engagement programme with SMEs to provide fabrication services, a key building block of our manufacturing operations. We are focused on upgrading their capabilities and expanding their capacity which will lead to increased innovation and more cost effective solutions. $4.5b Total procurement spend → GLOBAL OPERATIONS → SINGAPORE OPERATIONS PROCUREMENT SPEND BY GEOGRAPHIC LOCATION Region Annualised Spend (%) Singapore 62 Europe 17 Others 12 North America 9 $330m procurement spend with local SMEs supporting our Singapore operations → Incorporate the Vendor Code of Conduct as a standard business requirement to all active suppliers supporting our Singapore operations → Include ESG criteria in the screening of new suppliers supporting our global operations KEY GOALS FOR 2022 43 ST ENGINEERING SUSTAINABILITY REPORT 2021 OVERVIEW OUR SUSTAINABILITY APPROACH ENVIRONMENTAL SOCIAL GOVERNANCE AWARDS INDEX
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