Union Steel Holdings Ltd 2021 AR2
The report outlines Union Steel Holdings Limited's sustainability performance and financial results for the fiscal year ended June 30, 2021. The company achieved a robust net profit of S$7.7 million, representing a significant turnaround from a net loss of S$7.8 million in the previous year, driven by strong performance in its metals and marine deck equipment divisions. Key sustainability highlights include the implementation of strict Safe Management Measures in response to the COVID-19 pandemic, such as converting a factory into an ancillary dormitory to protect employees. Additionally, the company continued its focus on ethical sourcing, anti-corruption policies, and waste reduction, recovering approximately 350 tons of metal scrap from general waste.
Company: Union Steel Holdings Ltd
Sector: Water & waste services
Country: Singapore
Year: 2021
Type: AR2
Pages: 120
Union Steel Holdings Ltd
The report outlines Union Steel Holdings Limited's sustainability performance and financial results for the fiscal year ended June 30, 2021. The company achieved a robust net profit of S$7.7 million, representing a significant turnaround from a net loss of S$7.8 million in the previous year, driven by strong performance in its metals and marine deck equipment divisions. Key sustainability highlights include the implementation of strict Safe Management Measures in response to the COVID-19 pandemic, such as converting a factory into an ancillary dormitory to protect employees. Additionally, the company continued its focus on ethical sourcing, anti-corruption policies, and waste reduction, recovering approximately 350 tons of metal scrap from general waste.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
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
Workplace Fatalities
Employees