a) Installing Solar PV Panels at the terminal to provide clean energy, b) Extending the Air Dryers’ operating cycle to reduce power consumption for regeneration, c) Embarking on a hydro power feasibility study, d) Reducing Boil off Gas generation by reducing LNG circulation to Open Rack Vapourisers to maintain coldness in the system, e) Implementing a higher energy efficiency lighting replacement programme, f) Participating in the Energy Efficiency Opportunity Assessment, g) Launching an Energy Campaign to create awareness and generate ideas for energy efficiency; and h) Digitalising our energy management system to automate the collection and reporting of data to authorities and develop a dashboard to identify energy inefficiencies. Future Targets In FY 2021, a more concerted effort will be made to identify opportunities to reduce SLNG’s carbon footprint by reducing consumption, waste and implementing 3R (Reduce, Recycle and Reuse) initiatives; at the Corporate Office and the SLNG Terminal. Going forward, our target is to materially reduce our Carbon emissions by 30% by 2030 as compared to a base-case growth scenario from an equivalent 2019 carbon emissions level.
PHYSICAL CLIMATE CHANGE RISKS [Non-GRI factor]
The SLNG Terminal is a critical infrastructure to ensuring and continuing Singapore’s energy security. It is important that SLNG understands and manages the physical climate change risks that the Terminal’s infrastructure and operations are exposed to. Future Targets Moving forward, we will be conducting a physical climate change risk assessment of the Terminal in FY 2021. We will then determine detailed targets based on the assessment and the corresponding action plans.
PROCUREMENT PRACTICES [GRI 308: Supplier Environmental Assessment 2016; GRI 414: Supplier Social Assessment 2016] In support of the Singapore Green Plan 2030, SLNG aims to incorporate both environmental and social considerations into procurement with the purpose of reducing our environmental and social impact and managing ESG- related risks, hence adopting Sustainable procurement practices are important to us. Currently, we use the Management of Change and Procurement Evaluation Matrix to incorporate energy efficiency criteria as required by NEA. We also evaluate our vendor’s safety records before registering any vendor into our system and commencing any labour work at Terminal. Future Targets SLNG aims to formalise both environmental and social considerations into our procurement policies by FY 2021.
SLNG | SUSTAINABILITY REPORT 2020
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