Back 24 Apr 2025

Jadason Enterprises Ltd. Releases 2024 Sustainability Report Highlighting ESG Commitment and Performance

Link: https://links.sgx.com/1.0.0/corporate-announcements/UDH3CLRDYXN9FIEN/2fbc71b7e468028dc2fad82a6515219f051340ceac2b22b2f7001f374143c66d

Summary:

  • Jadason Enterprises Ltd.'s Sustainability Report 2024 outlines the Group's initiatives and achievements toward a sustainable future, driven by stakeholder concerns and aligned with the UN Sustainable Development Goals (UN SDGs).
  • The report covers the financial year from January 1, 2024, to December 31, 2024, focusing on operating entities with a material impact on sustainability.
  • Key sustainability factors addressed include customer satisfaction, economic performance (S$25.3 million revenue, S$1.1 million loss after taxation in FY2024), environmental management (energy conservation, waste and water management with performance metrics like GHG emissions intensity of 0.93 tCO2e/employee and water consumption intensity of 0.01 megalitre/employee), social aspects (occupational health and safety, employee attraction, retention, diversity, training with average 1.2 hours per employee, and 10.5% employee turnover), and governance (corporate governance, zero incidents of unlawful discrimination, corruption, or non-compliance).
  • Jadason actively engages with stakeholders, including communities, customers, employees, regulators, shareholders/investors, and suppliers, to understand and address their needs.
  • The report is prepared in accordance with SGX-ST Listing Rules 711A and 711B and the Global Reporting Initiative (GRI) Standards, also referencing TCFD recommendations and aligning with the UN 2030 Agenda and SDGs.
  • The Board oversees sustainability performance and reporting, integrating sustainability into strategic decisions.
  • Jadason is committed to economic sustainability through customer satisfaction and long-term value creation and supports several UN SDGs through its practices.
  • The company has set targets for key sustainability factors and is monitoring progress, with plans to disclose medium and long-term targets in future reports.