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Sembcorp Industries

Cities

Sembcorp Industries (Sembcorp) today announces a pledge of S$1 million to support Vietnam’s battle against the COVID-19 crisis, with an immediate focus to provide critical medical equipment to two major hospitals in Binh Duong, one of the provinces most affected by the latest development of the pandemic in the country. Sembcorp will provide one real-time …

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CitiesEnvironmentLah!

Sembcorp Industries (Sembcorp) today announces the launch of Singapore’s first sustainable financing framework for sustainability-linked transactions for the energy sector. The Sembcorp Sustainable Financing Framework (Framework) lays out Sembcorp’s strategic approach, Key Performance Indicators (KPIs) and Sustainability Performance Targets (SPTs) for its sustainability-linked transactions. Sembcorp may now issue sustainability-linked bonds, sustainability-linked loans or any other …

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CitiesEnvironmentLah!

Sembcorp Industries (Sembcorp), through its waste management business SembWaste, today launched Singapore’s first solar-powered electric vehicle (EV) charging hub at its Tuas depot. The launch ceremony was officiated this morning by Guest of Honour, Mr S Iswaran, Minister for Transport. Mr Ng Lang, Chief Executive of the Land Transport Authority (LTA), was also present to …

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EnvironmentLah!

Sembcorp Industries (Sembcorp), through its UK subsidiary Sembcorp Energy UK (SEUK), today announces a collaboration agreement with Zero Degrees Whitetail Development Ltd., the UK subsidiary of US innovation firm 8 Rivers Capital, to explore the development of the UK’s first Net Zero emissions NET Power station at SEUK’s Wilton International site on Teesside. Named Whitetail …

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CitiesEnvironmentLah!

Sembcorp Industries (Sembcorp) today announces the successful pricing of its inaugural S$400 million green bond offering (Green Bonds). Through its wholly-owned subsidiary Sembcorp Financial Services (SFS), Sembcorp has today priced the S$400,000,000 2.45 per cent. Green Bonds due 2031 comprising Series 001 under the S$3,000,000,000 Multicurrency Debt Issuance Programme established by Sembcorp and SFS. The …

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Environment

Sembcorp Industries (Sembcorp) today unveiled its strategic plan to transform its portfolio from brown to green, with growth driven by its renewables and integrated urban solutions businesses. To support the global energy transition and sustainable development, Sembcorp aims to grow profit contribution from its sustainable solutions portfolio from a current 40% to 70% by 2025. …

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Environment

Platform to offer one-stop global solution to help customers meet sustainability targets Leading energy companies Sembcorp Industries (Sembcorp) and SP Group (SP) are collaborating to develop an Environmental Sustainability Platform, a one-stop global solution to help corporates and consumers achieve their sustainability goals. The launch of the platform is planned for the first quarter of …

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Cities

DBS Bank has provided a SGD40 million loan facility to Sembcorp Industries (Sembcorp) to build a 60 megawatt-peak (MWp) floating solar photovoltaic (PV) system on Tengeh Reservoir in Tuas. The bank is the sole financier for the project. Scheduled to be completed in 2021, the project will be Singapore’s first single large-scale floating solar PV …

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Environment

National Water Agency PUB and Sembcorp Floating Solar Singapore, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), are pleased to announce the commencement of construction of the 60 megawatt-peak (MWp) floating solar photovoltaic (PV) system on Tengeh Reservoir. This marks a significant milestone in building one of the world’s largest inland floating solar PV systems, which …

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EnvironmentLah!

The Energy Market Authority announced “Creating Our Low Carbon Energy Future Together” as the theme for Singapore International Energy Week (SIEW) 2020. The COVID-19 pandemic has led to an unprecedented challenge for the energy industry with the uncertain economic and energy demand outlook.  At the same time, this crisis could help accelerate the transition to …

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