Sustainability

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Our ESG Priorities

Empowering Lives

Our employees and communities enable the success of our business. In an increasingly disruptive world, we seek to enhance value to our employees and communities. We upskill our employees and provide support to our communities in a collective transition to a lower carbon and more sustainable future. 

Why this is material
We need to ensure that our workforce is equipped with the right competencies as we transform our business from brown to green. We recognise that beyond enhancing the professional skills of our existing employees for a changing business landscape, we also need to grow our team in sustainability-related fields.

Our approach
Aligned with our business objectives, we have evolved our approach to learning and development, to greater focus on promoting sustainability and professional skills required to drive the energy transition. We provide digital and in-person learning opportunities for all employees through our Sembcorp Academy learning platform to cater to our business needs. 

Talent strategy and development as well as succession planning are supported by our: 

• Talent Management Framework (TMF)
• Sembcorp Academy learning platform
• Human resources talent and performance management system

The TMF establishes our approach to assess employee capability and competency, identify and meet developmental needs, and ensure regular performance reviews, engagement and feedback.

Our frameworks and policies

• Talent Management Framework
• Learning and Development Policy
• Diversity and Inclusion Policy
• Whistleblowing Policy
• Employee Grievance and Disciplinary Action Policy
• Human Rights Policy
• Code of Conduct

Reference frameworks

•  UN Guiding Principles on Business and Human Rights
•  UN Universal Declaration of Human Rights
•  Employers’ Pledge of Fair Employment Practices under Singapore’s Tripartite Alliance for Fair and Progressive Employment Practices

Why this is material
Sembcorp’s long-term success is dependent on us being a valued partner to the communities we serve. As economies transition towards a lower carbon economy, communities without direct access to green technologies and capabilities are at risk of falling behind. Hence, we seek to enhance value to our communities by supporting them in our collective transition to a lower carbon and more sustainable future.

Our approach
Our revamped community investment strategy seeks to advance SDG 7 (Affordable and Clean Energy), which aims to ensure access to affordable, reliable, sustainable and modern energy for all. We recognise that energy is essential to lives and the economy, and we want to make renewable energy more accessible to our communities. Our local operations are best placed to understand the needs of the community and forge partnerships with local stakeholders. As such, our market teams manage community assessments, engagement programmes and contributions locally, while aligning with group-level strategic frameworks and guidelines.

Our frameworks and policies

• Code of Conduct
• Group Community Grievance Management Policy
• Group Community Investment and Sponsorship Compliance Policy
• Group Community Investment Guidelines
• Group Know-your-counterparties Policy

Reference frameworks 

• AA1000 Stakeholder Engagement Standard
• Business for Societal Impact Framework and Guidance

Further Information

2022 Performance Indicators

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