Sustainability
Introductions
In line with initiatives to support global energy transitions, Arc Energy Trading Pte Ltd has laid out plans to increase sustainability, reduce carbon footprint and thereby increasing our social and environmental contributions.
We have annual ESG report which provides an overview of our ongoing environmental, social, and governance (ESG) initiatives and our commitment to integrating sustainability considerations into our operations. Moving forward, through our ESG reporting, we aim to provide clear and transparent information while enhancing how we identify and manage ESG risks within our energy trading activities. The report has been prepared with reference to the GRI Universal Standards 2021 and relevant reporting principles, focusing on material environmental, social and governance topics.
Our Net Zero-Aligned Commitments
Long-term Goal: Achieve net-zero operational emissions (scope 1 and 2) by 2050
Interim Target: Reduce operational carbon footprint from electricity use and business
by 20 % by 2030, using 2024 as the base year
Our objectives
1.Laid out Energy Transition Strategy of the Company
2.Awareness internally and publicly of Energy Transition Plans
3.Execution and reviewed of plans
Current initiatives
1.Trading of cleaner or more sustainable fuels like LNG, Ammonia, Bio Ethanol, Use Cooking Oil, Bio Diesel, HVO POME and etc
2.Having ISCC Plus and ISCC EU certified
3.Clear on going sustainability plans
Future Plans
1.Water and energy savings plans
2.Aware and measure our carbon footprint
3.Be an active voluntary carbon credit traders and / or users
4.Achieve net zero
5.ESG reporting
6.Investment in green projects
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