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Insights and Stories

Transforming Our Portfolio from Brown to Green

June 03, 2021

Sembcorp unveiled its strategic plan on May 27, 2021, to transform its portfolio from brown to green, with growth driven by its renewables and integrated urban solutions businesses.

To support the global energy transition and sustainable development, Sembcorp aims to grow profit contribution from its sustainable solutions portfolio from a current 40% to 70% by 2025. By 2025, its renewable energy portfolio is targeted to achieve a compounded annual growth rate (CAGR) of 30% and its integrated urban solutions portfolio a CAGR of 10%. Central to its strategy is also its commitment to bold climate action to halve Sembcorp’s greenhouse gas emissions by 2030 and deliver net-zero emissions by 2050.