SLNG Publishes First Voluntary Sustainability Report
Singapore LNG Corporation Pte Ltd (SLNG) has published its first voluntary Sustainability Report for its last Financial Year 2020 covering the period of 1 April 2020 to 31 March 2021. The Report was prepared with reference to the Global Reporting Initiative Sustainability Reporting Standards, and presents detailed information on the organisation’s sustainable development performance and management.
SLNG has always placed emphasis on environmental, social and governance (ESG) matters in its business operations, deliberately embracing Sustainability as an integral part of its corporate strategy. It has identified 14 material topics across the ESG pillars of its newly established Sustainability Framework and has set both annual and long-term ESG targets. Sustainability remains a key focus area in the Company’s long-term growth plans.
Mr Tan Soo Koong, CEO SLNG, said, “While FY 2020 had been a challenging year, SLNG remained committed to our Sustainability vision. During the year, we rolled out new initiatives aimed at harnessing green energy opportunities and looked at new ways to improve operational efficiencies and lower carbon emissions. We aligned our efforts to support those of the Singapore Government, particularly the Singapore Green Plan 2030 and have set ourselves an ambitious target to materially reduce our carbon emissions by 30% by year 2030, and to strive to attain carbon neutrality by 2050. The development and voluntary publication of this Sustainability Report on an annual basis, underscores SLNG’s commitment towards adopting a sustainable mindset and approach as we continue to meet and exceed our Energy Security mandate; promote the growth of the LNG eco-system; and Catalyse New Possibilities in the Energy Transition.”
The SLNG Sustainability Report can be viewed from SLNG’s website.