Soilbuild Construction Group Ltd 2023 AR2
The report highlights Soilbuild Construction Group Ltd.'s financial and sustainability performance for the fiscal year 2023. The Group successfully returned to profitability, reporting a net profit of S$7.3 million compared to a net loss of S$31.7 million in the previous year. In terms of sustainability, the Group conducted a materiality reassessment with an external consultant and continued its phased adoption of the TCFD recommendations. Key environmental initiatives included the installation of solar panels at its Integrated Construction and Prefabrication Hub in Singapore and production facilities in Malaysia to reduce its carbon footprint. Additionally, the Group participated in the Ministry of Education - Singapore - Industry Scholarship to nurture local talent for the built environment sector.
Company: Soilbuild Construction Group Ltd
Sector: Construction
Country: Singapore
Year: 2023
Type: AR2
Pages: 172
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Soilbuild Construction Group Ltd
Annual Report
The report highlights Soilbuild Construction Group Ltd.'s financial and sustainability performance for the fiscal year 2023. The Group successfully returned to profitability, reporting a net profit of S$7.3 million compared to a net loss of S$31.7 million in the previous year. In terms of sustainability, the Group conducted a materiality reassessment with an external consultant and continued its phased adoption of the TCFD recommendations. Key environmental initiatives included the installation of solar panels at its Integrated Construction and Prefabrication Hub in Singapore and production facilities in Malaysia to reduce its carbon footprint. Additionally, the Group participated in the Ministry of Education - Singapore - Industry Scholarship to nurture local talent for the built environment sector.
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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
No data available