Adopting a sustainability mindset that governs all our operations
We aim to enhance long term shareholder value with due regard to the environmental, economic, social and governance aspects by being a reliable and adaptable partner to our stakeholders.
At Yinson, we are determined to do our part in the global movement towards a low-carbon, climate resilient environment. We aim to be carbon neutral by 2030, and net zero by 2050.
We are committed to integrating sustainability strategies into our business and we aim to operationalise our commitment through the following principles.
We strive to avoid contamination of the environments where we operate.
We aim to monitor and manage emissions from our operations.
We practise responsible collection, transport, treatment and disposal of all waste under Yinson's control.
We endeavour to systematically manage our energy consumption where feasible.
We are commited to deliver our climate strategy to drive change towards a low-carbon, climate resilence environment.
We aspire to improve, if not maintain a high level of workplace health and safety.
We respect all international human rights standards on employment practices.
We practice equality at all levels, free from any form of discrimination.
We have measures in place to improve Group-wide employee skillsets and knowledge capital.
We strive to prevent any form of corruption and/or bribery in all business transactions.
We aim to increase robustness of sustainability reporting by adhering to globally established standards and guidelines.
We seek to embed our sustainability principles in our supply chain management and ensure that our suppliers and subcontractors abide by the Group’s ethical values.
We continuously analyse the evolution of the energy landscape and adopt necessary strategies and measures to ensure the Group’s leadership.
The 17 Sustainable Development Goals (“SDGs”), otherwise known as the Global Goals adopted by the United Nations, represent a universal call to action towards the creation of a better shared future. Every organisation has a role to play in furthering the individual agendas of each SDG.
At Yinson, UN SDGs are an important consideration for how we set our sustainability targets in line with stakeholders’ expectations. We strategically aligned our corporate efforts towards contributing directly to nine (9) key SDGs across our business units and activities.
For more information about the SDGs, please visit UN SDGs.
To find out more about our progress towards achieving our goals, please check out our latest Annual Report.
Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. Responsible businesses enact the same values and principles wherever they have a presence and know that good practices in one area do not offset harm in another.
By incorporating the Ten Principles of the UN Global Compact into our strategies, policies and procedures, and establishing a culture of integrity, we not only uphold our basic responsibilities to the people and the planet but also set the stage for long-term success.
For more information, please visit UN Global Compact.