Mencast Holdings Ltd 2024 AR2
The report highlights Mencast Holdings Ltd.'s strategic transition from a carbon-based operating model to the silicon economy, leveraging generative AI, additive manufacturing, and robotics. In FY2024, the company achieved a 10% revenue growth to $53.5 million and successfully productized an AI-driven additive manufacturing cell for marine propeller production. On the sustainability front, Mencast expanded its circular economy initiatives by recycling waste into recovered oils, waxes, and fertilizers, and was awarded the LowCarbonSG logo for the third consecutive year. The company also reported its Scope 1, 2, and selected Scope 3 emissions, maintaining its greenhouse gas emissions intensity year-on-year.
Company: Mencast Holdings Ltd
Sector: Manufacturing
Country: Singapore
Year: 2024
Type: AR2
Pages: 180
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Mencast Holdings Ltd
Annual Report
The report highlights Mencast Holdings Ltd.'s strategic transition from a carbon-based operating model to the silicon economy, leveraging generative AI, additive manufacturing, and robotics. In FY2024, the company achieved a 10% revenue growth to $53.5 million and successfully productized an AI-driven additive manufacturing cell for marine propeller production. On the sustainability front, Mencast expanded its circular economy initiatives by recycling waste into recovered oils, waxes, and fertilizers, and was awarded the LowCarbonSG logo for the third consecutive year. The company also reported its Scope 1, 2, and selected Scope 3 emissions, maintaining its greenhouse gas emissions intensity year-on-year.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Workplace Fatalities
Employees