Sustainability Report Environmental Impact of transporting goods Most of our delivery trucks is in compliance with the EURO 6 standard which helps to reduce the emission of CO2 and other gases. In addition, we work with customers to optimize the delivery schedule, taking advantage of consolidation opportunities whenever possible in order to achieve fuel and CO2 emissions reduction. Deforestation Among other factors, greenhouse gas emissions from deforestation is contributing to climate change. Working with suppliers and customers, Megachem is making efforts to reduce deforestation from the chemical supply chain. For example, in the sourcing for paper materials, we will try to source for materials that are made from renewable fibres and certified by international certification organization which promotes sustainable forest management. Green Nation Pledge Under Singapore’s Green Nation Pledge program, we pledged to adopt environmental-friendly best practices to make our country a greener place. This is a demonstration of our commitment to help the nation achieve its sustainability objectives. Earth Day Megachem continues to support the Global Earth Day initiative. The theme for Earth Day 2024 is “Planet vs Plastics”, focusing on consolidating a global alliance to act, innovate and implement measures to protect the environment Compliance 2022 2023 2024 2025 Target Fines – Environmental breach 0 S$6,000 0 0 We will continue our effort to keep abreast of regulatory changes and comply with them. 83 ANNUAL REPORT 2024
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