Sembcorp Industries has launched the Sembcorp Sustainable Financing Framework, which lays out Sembcorp’s strategic approach, key performance indicators (KPIs) and sustainability performance targets (SPTs) for its sustainability-linked transactions.
The three KPIs set out by the group are greenhouse gas (GHG) emissions intensity (Scope 1 and 2), GHG absolute emissions (Scope 1 and 2) and gross installed renewable energy capacity.
In line with the KPIs, Sembcorp has defined the sustainability performance targets that will measure the progress of its transformation towards a low-carbon and sustainable solutions portfolio. The targets will also contribute to the UN Sustainable Development Goals (SDGs), in particular affordable and clean energy as well as climate action.
