Singapore Technologies Engineering Ltd 2023 AR2
The report highlights ST Engineering's financial and operational performance for the fiscal year 2023, with Group revenue exceeding the $10 billion mark for the first time, representing a 12% year-on-year increase. The company achieved a 10% increase in net profit to $586.5 million, supported by strong performance in its Commercial Aerospace and Defence & Public Security segments. In sustainability, the company reduced its absolute Scope 1 and 2 greenhouse gas emissions by 36% compared to the 2010 baseline and secured 12% of its global electricity from renewable sources. Additionally, the company contributed $2.3 million to community initiatives and launched its inaugural Green Day, pledging $1 million over five years to tree-planting efforts in Singapore.
Company: Singapore Technologies Engineering Ltd
Sector: Professional & technical services
Country: Singapore
Year: 2023
Type: AR2
Pages: 272
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Singapore Technologies Engineering Ltd
Annual Report
The report highlights ST Engineering's financial and operational performance for the fiscal year 2023, with Group revenue exceeding the $10 billion mark for the first time, representing a 12% year-on-year increase. The company achieved a 10% increase in net profit to $586.5 million, supported by strong performance in its Commercial Aerospace and Defence & Public Security segments. In sustainability, the company reduced its absolute Scope 1 and 2 greenhouse gas emissions by 36% compared to the 2010 baseline and secured 12% of its global electricity from renewable sources. Additionally, the company contributed $2.3 million to community initiatives and launched its inaugural Green Day, pledging $1 million over five years to tree-planting efforts in Singapore.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Employees