We believe in leading by example – to act responsibly today, to build a sustainable world for future generations.
Corporate Sustainability
Sustainable Practices at SeaTown
SeaTown embeds sustainability in our corporate operations. We manage our operational environmental footprint, and aim to create social value by investing in our communities and our employees.
Taking responsibility for our environmental footprint
At SeaTown, we believe that environmentally conscious practices deliver the best long-term results for our firm, our employees and all other stakeholders. We have committed to operational carbon neutrality from 2021 onwards*. We have implemented carbon pricing in our operations, to further embed a sustainability mindset across our organization.
*Note:
- Scope 1 emissions are not applicable as SeaTown has no company-owned sources of emissions.
- Scope 2 emissions include Purchased Electricity and Cooling. Emission factors are sourced from Singapore’s Energy Market Authority
- Scope 3 emissions include Business Travel, Employee Commute, and Fuel & Energy-related activities. Emission factors are sourced from the UK government’s Department for Business, Energy & Industrial Strategy (Government Conversion Factors for Company Reporting of Greenhouse Gas Emissions 2021). As we continue to refine our ESG processes, we intend to expand our calculations of Scope 3 categories in subsequent years.
Strengthening and supporting our communities
SeaTown is committed to investing in our communities. We aim to create positive social impact by partnering with organizations and our employees to serve our communities. As we strive towards a sustainability-conscious society, it is vital to develop future sustainability leaders in Singapore.
To promote future sustainability leaders in Singapore, we work with local universities to further ESG skills development in the workforce.
To that end, SeaTown and Singapore Management University (SMU) jointly established the SeaTown Sustainability Scholarship in 2022. Scholarship recipients are required to have declared Sustainability as a major and must demonstrate excellent academic qualities and an active commitment to sustainability. The scholars will also complete an internship at SeaTown, giving them an invaluable opportunity to be involved in a sustainability-focused role in the asset management industry.
Our people are our greatest asset
We believe that our people are our greatest asset. Our core values safeguard our culture. We prioritize employee training and development and encourage constant upskilling. We are committed to growing together as a collaborative and sustainable organization.
