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24 Apr 2025
Jadason Enterprises Ltd. Releases 2024 Sustainability Report Highlighting ESG Commitment and Performance
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.