The 2022 Sustainability Report outlined the HLA Group’s ongoing efforts to operate sustainably and responsibly as we work towards a green economy. The HLA Group’s sustainability journey in 2022 was marked with several milestones, from rolling out Singapore’s first 12m3 ready-mix concrete trucks under #IslandConcrete to publishing our inaugural Task Force on Climate-Related Financial Disclosures (TCFD) analysis.
In this report, we are proud to present our first Sustainability Framework and Roadmap supported by 2025 ESG targets. This new foundation is defined by three interconnected pillars unique to HLA and aims to guide the whole organization through shared goals as well as drive clear performance measurement and stronger data reporting practices.
Climate change and the recent global pandemic have created an even greater urgency for us to prioritise and rebalance our focus on environmental and social issues. In 2021, the Group will be embarking on the next stage of strengthening our sustainability agenda and enabling a more holistic approach in it.
Despite the challenging business environment, we remain committed to being a responsible corporate citizen. Our goal is to exercise cost discipline, organisational restructuring and strategy repositioning to tide our businesses through the rough patch, as we continue to march on this sustainability journey ahead.