Seatrium-Our ESG Performance

Our Key achievement in 2022 at a glance:

24%

of company turnover from sustainable solutions²

27.6%

training hours per employee globally

>3,200 tonnes

of carbon emissions avoided by using clean energy generated by the solar panels at Sembcorp Marine Tuas Boulevard Yard, equivalent to taking 1,026 cars off the road for a year²

0.8 LTIR

per million man-hours worked²

100%

compliance with anti-competitive behaviour, anti-trust and monopoly²

S$2.88 million

invested in community programmes

¹LTIR refers to Lost Time Injury Rate
²In FY2021, the Group achieved 30% of annual company turnover from sustainable solutions; avoided more than 2,300 tonnes of carbon emissions by using energy generated by the solar panels at Seatrium Tuas Boulevard Yard; attained 100% compliance with anti-competitive behaviour, anti-trust and monopoly; docked 32.08 training hours per employee globally; attained 0.53 LTIR, and invested more than S$3 million in community programmes.

Membership & Ratings

Seatrium is continued to be a constituent in the SG ESG Leaders Index and SG ESG Transparency Index in 2023. These indices identify SGX-listed companies that meet sustainability reporting requirements and are considered ESG leaders with established and leading ESG practices.

In August 2023, Seatrium ranked 38 out of 473 companies in the SGTI results. Seatrium has obtained an overall score of 94, including a bonus score of 12. The SGTI assesses companies on their corporate governance disclosure and practices.

In March 2023, Seatrium received a rating of ‘A’ in the ESG Rating Assessment, upgraded from ‘BBB’. The rating measures a company’s management of financially relevant ESG risks and opportunities.

In June 2023, Seatrium is included as an index constituent of the FTSE4Good Index Series for the 5^th consecutive time. The FTSE4Good Index Series identifies companies that demonstrate strong ESG practices against globally recognised standards.