A global energy supercycle, driven by surging electricity demand and rapid adoption of renewable energy, is reshaping power systems as countries strive to decarbonise while ensuring system reliability and accessibility. Global energy demand continues to increase, especially in Asia’s rapidly developing economies, even as renewable energy deployment scales rapidly. As an energy company, we are cognisant of the complexity in addressing the energy dilemma of energy security, accessibility and sustainability.
From wind energy to solar power, Sembcorp's proven track record drives our progress towards a lower-carbon future.
Our targets:
- By 2028, grow gross installed renewables capacity1 to 25GW
- By 2035, achieve emissions intensity2 of 0.26tCO₂e/MWh
- By 2050, deliver net-zero emissions
1 Gross installed renewable energy capacity refers to current capacity of the plant at commercial operation date (in megawatt alternating current for wind, solar and hydropower, and in megawatt-hour for energy storage) as specified in the grid connection agreement or as permitted (assumes 100% ownership of the facility). Figure excludes acquisitions pending completion and projects secured or under construction
2 GHG emissions intensity refers to the Group’s total GHG direct emissions (Scope 1) from its activities, indirect emissions (Scope 2) from its energy consumption and biogenic emissions from bioenergy feedstocks, divided by total energy generated and purchased, as calculated using an equity share approach for all operations referencing the GHG Protocol. It covers subsidiaries, joint ventures and associates
Find out more about our renewable energy businesses, as well as our sustainability policies, practices and performance: