Siic Environment Sustainability Profile
Siic Environment Holdings Ltd, commonly referred to as Siic Environment, is a leading player in the environmental services industry, headquartered in Singapore (SG). Established in 2001, the company has made significant strides in waste management, water treatment, and renewable energy solutions across Asia, particularly in China and Southeast Asia. Siic Environment is renowned for its innovative approach to sustainable development, offering unique services such as integrated waste-to-energy systems and advanced water purification technologies. The company has achieved notable milestones, including strategic partnerships and expansions that solidify its market position as a trusted provider of eco-friendly solutions. With a commitment to environmental stewardship, Siic Environment continues to set benchmarks in the industry, driving progress towards a greener future.
DitchCarbon Score
How does Siic Environment's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Water Distribution industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Siic Environment's score of 26 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Siic Environment's reported carbon emissions
In 2024, Siic Environment reported total carbon emissions of approximately 251,468,000 kg CO2e for Scope 1, 534,129,000 kg CO2e for Scope 2, and 167,020,000 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2023, the company recorded Scope 1 emissions of about 253,415,000 kg CO2e and Scope 2 emissions of approximately 540,099,000 kg CO2e, indicating a slight reduction in both categories year-on-year. The emissions for Scope 1 and Scope 2 combined in 2024 totalled around 785,597,000 kg CO2e. Siic Environment has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. The absence of documented reduction targets indicates that while emissions data is available, strategic plans for significant reductions may not yet be established. Overall, Siic Environment's emissions data illustrates a substantial carbon footprint, with a focus on transparency in reporting. However, the lack of defined reduction strategies highlights an opportunity for the company to enhance its climate commitments moving forward.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 64,953,440 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 235,360 | 00,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000 |
How Carbon Intensive is Siic Environment's Industry?
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Siic Environment's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Siic Environment has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
