Singapore Technologies Engineering Ltd 2024 AR2
The report highlights ST Engineering's strong performance in 2024, achieving a record revenue of $11.3 billion, up 12% year-on-year, and a record net profit of $702 million. The group secured $12.6 billion in new contract wins, bringing its order book to a new high of $28.5 billion. In sustainability, the company updated its climate target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030 from a 2015 base year, achieving a 25% reduction so far. Additionally, ST Engineering derived 20% of its electricity from renewable sources and contributed $2.8 million to community initiatives.
Company: Singapore Technologies Engineering Ltd
Sector: Professional & technical services
Country: Singapore
Year: 2024
Type: AR2
Pages: 268
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Singapore Technologies Engineering Ltd
Annual Report
The report highlights ST Engineering's strong performance in 2024, achieving a record revenue of $11.3 billion, up 12% year-on-year, and a record net profit of $702 million. The group secured $12.6 billion in new contract wins, bringing its order book to a new high of $28.5 billion. In sustainability, the company updated its climate target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030 from a 2015 base year, achieving a 25% reduction so far. Additionally, ST Engineering derived 20% of its electricity from renewable sources and contributed $2.8 million to community initiatives.
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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
Renewable Energy
Women on Board
Employees