ENVIRONMENT
ENVIRONMENT
BENKEL INTERNATIONAL ENVIRONMENTAL FRAMEWORK
Greener Assets
Fleet Vehicle
- Cleaner Energy Vehicle
Clean Energy Harvesting
Building & Facilities
- Green
- Energy Greener Infrastructures and Buildings
Think Green, Act Green
Cultivate Behaviour
- Green Actions and Waste Reduction
- Green Procurement to be Carbon and Energy Efficient
Creating a world where everyone has a decent place to live is one of our Sustainability Goal. This represents a culmination of our initiatives, including those during difficult times. From SARS to COVID-19, from pandemic to endemic, we have been delivering our services to Singaporeans and impacting positively global citizens in Singapore. We are there for our customers in those predicaments. We offer solutions that fit into the changed and increasingly overburdened environment to create sustainable living for our customers. Our solutions to lessen the burden on the environment in providing critical resources are in synchronous to the Singapore (SG) Green Plan 2030. The Green Plan sets the nation-wide targets in the areas of ‘city in nature, sustainable living for less consumption and waste, energy reset, green economy, and resilient future.’ Benkel International links the SG Green Plan to Sustainability topics that are essential to address.
Mission
- Strengthen our capabilities and performance through three strategic driving forces
Vision
- To be the industry leader in providing integrated, cost-effective supply chain solutions to customers
CARBON FOOTPRINT
All of the projects under the “Greener Assets, Clean Energy Harvesting, and Think Green, Act Green“ umbrella are funded in part by our Board of Directors‘ sustained commitment.
- Benkel International Sustainability Committee
Greener Assets
Benkel International needs sustainable assets in order to carry out a sustainable value chain management that aspires to have a reduced carbon footprint. We intend to make significant investments to replace our fleet of fossil fuel-powered cars with electric vehicles (EVs).
Clean Energy Harvesting
By utilizing clean energy and energy-efficient technologies, we can lessen our direct environmental harm. By installing energy-efficient lights in our buildings, we may reduce additional negative effects by using less energy and cleaner energy.
Think Green, Go Green
This is a deliberate effort on the part of all Benkel International’ s employees, including our external stakeholders, to promote conservation and lessen our indirect carbon footprint. By working with our vendors to provide our clients greener solutions, we engage our personnel in pushing the frontiers of technology appropriate for our operations. Our objective is to improve the planet and make it a respectable place for everyone to live by implementing green procurement practices and promoting waste reduction and responsible consumption.
STAKEHOLDER ENGAGEMENT
Engagement Channels
- Benkel Yearly Feedback
- Benkel Team Bonding
- Quarterly KPIs
Key Concerns
- Engagement with employees
- Career Development
- Employee Recognition
- Safe & Conducive Environment
Actions Taken
- Course subsidy for upgrading
- Staff Welfare Day
Engagement Channels
- Annual Customer Meetings
- Quarterly Business Review
- Joint supplier chain meeting
Key Concerns
- To stay relevant in current trend
- Product Innovation
- Efficient deliverables of shipments
Actions Taken
- Partnering with vendors
- Discussion to have the same alignment as our organisation
Engagement Channels
- Marketing & Sales Promotion
- Customer Support
- Strong Branding & Testimonials
Key Concerns
- Competitive Pricing
- In case of urgent issue may arise
- Environmentally friendly usage of materials
Actions Taken
- To understand customer’s needs
- Strong support team to stand
- by Fulfilling customer’s demand
ESG - DATA MANAGEMENT
ESG data management is a crucial procedure for reliably and consistently assessing a company‘s ethical and sustainable performance. A number of steps are included in the ESG data management lifecycle: data collection, validation, normalization, analysis, integration, and reporting.
ESG Topics
Environment
- Greenhouse gases (GHGs)
- Energy consumption
- Water consumption
- Air pollution
- Waste mgmt./ recycling
- Nature usage
- Environmental policies
- Biodiversity
- Financed emissions
Social
- Health and Safety
- Diversity and inclusion
- Gender Pay Gap
- Employee Engagement
- Reskilling/ training
- Human Rights
- Community contributions
- Indigenous spend
Governance
- Executive Pay Ratio
- Quality of Governing body
- Overseeing of target setting Ethics and Anti-corruption Policy
- Taxes paid
Examples of types of ESG data
Environment
- Energy consumption
- Water Consumption
- Electricity Consumption
- Business Trip Records
Social
- Safety incident reports
- Exposure hours
- Extract from HR & HSE systems
- Training hours
Governance
- Corporate policies
- Payroll data
- Meeting minutes
- Board papers
Processes & IT
Leveraging technology to improve ESG data management and reporting
Data Collection
- Ease of internal data collection easier - input screens, formats and permitted ranges and automated calculation (e.g. emissions factors)
- ESG data collection from clients- similar ease of input and error checking
Automation / Standardisation
- Automate data collection - make data collection standardised and comparable across clients (enforced metrics etc.) Aggregate, analyse data to derice benchmarking indicators as a product for clients (with client conesent)
ESG Value Chain
- Extend data collection to new areas of ESG reporting, e.g.:
- Value chain emissions and supplier information.
- Stress testing calculations
- Scenario planning impact assessment
- Internal carbon pricing costs
- Carbon market pricing and indicators
Reporting & KPIs
- Enable real time and automatic periodic update of information.
- Report generation and ease of viewing results - graphic dashboards for material sustainability KPIs
- Reports highlighting areas of high risk or poor performance.
- Drill-down and deeper tracking and analysis of information sources, traceability, and transparency of assumptions and risks
ENVIRONMENTAL SECTOR TOWARDS A GREENER GOAL
Environmental sustainability is the ability to maintain an ecological balance in our planet’ s natural environment and conserve natural resources to support the wellbeing of current and future generations.
Reducing Greenhouse Gases
Greenhouse gas emissions cover the Earth, trapping heat from the sun. Climate change and global warming result from this. More quickly than at any other time in recorded history, the earth is warming today. Gradual increases in temperature are causing weather patterns to shift and upsetting the natural equilibrium of the environment. Benkel International has took a step forward by substituting manual pallet jack to electrical pallet jack to reduce noise air pollution. Additionally, we will be changing our fuel vehicles to electrical vehicles in near future.
By 2030, we aim to reduce 30% of Greenhouse Gases.
Reduce, Reuse, Recycle
Waste can be reduced, reused, and recycled to help save landfill space by preventing the entry of beneficial items. The production or collection of raw materials and the manufacturing of the product need less energy and natural resources. Thus, Benkel International has stepped up our initiative by having recycle bins in our office premises to encourage employees to reduce, reuse and recycle.
No single-use plastics
As plastic trash takes hundreds of years to entirely breakdown naturally and can harm both humans and animals when unintentionally swallowed as microplastics, it is one of the most harmful waste materials to the environment. We make extensive use of plastic shrink wrap in our activities. A shipment must be wrapped in shrink wrap before it may be kept in our warehouse and delivered by our fleets. To cut down on the quantity of plastic waste produced by used plastic shrink wrap, we experimented with thinner plastic shrink wrap. We found that, following a period of testing with various shrink wrap thicknesses, we could switch to 12-micron plastic shrink wrap without sacrificing the safety that a thicker shrink wrap offers. A 20% decrease in plastic waste is anticipated as a result of using thinner shrink wrap. This amount of reduction could result in annual cost savings of SGD $2,000. We‘re also looking into the reusable canvas wrap as an option.
DECARBONISATION TARGET SETTING
CHARACTERISTICS OF SMART TARGET
By making goals specific, measurable, attainable, reasonable, and timely, SMART goals position you for success. The SMART technique encourages you to work harder, provides you with direction, and aids in goal organization and achievement. By applying it into our sustainability efforts, we should follow our SMART Goal Target Settings.
Assess Current Emissions
Determine the baseline emissions and identify key sectors and sources
Use reports to analyze our current carbon emission per vehicle
Set Ambitious Targets
Establish clear and measurable Net zero targets aligned with scientific and policy guidelines.
Final Goal: Reduce carbon emission of 30% by 2030
Develop Action Plans
Create sector specific strategies and policies to drive emissions reduction and transition to low-carbon technologies Electrical pallet jack, electrical vehicles, LED lights, motion sensors
Mobilize Resources
Secure funding, investment, and technology transfer to support transition. Transport, Freight Management Systems
Monitor and Review
We have a sustainability committee to regularly track progress, adjust strategies as needed, and promote transparency.
ESG INDUSTRY MATERIALITY MAP - LOGISTICS
The long-term resilience of businesses to environmental, social, and governance (ESG) concerns is evaluated by the MSCI ESG Ratings. A representation of the current Key ESG Issues and how they affect firms‘ ESG Ratings may be found in our ESG Industry Materiality Map.
Environment
- Vehicle Carbon Emission
- Toxic Emission
- Raw Material Sourcing
Social
- Labour Managament
- Employee Engagement
- Fair Workplace Environment
Governance
- Governance
- PSA - Government Organization
- Accounting Reports
Sustainability Report 2024
About Benkel
Benkel International was established in 2007 by an astute team of dedicated professionals with in-depth knowledge, decades of experience and proven expertise in the local LCL Consolidation and Logistics industry.
Social & Governance
Fostering inclusive communities and effective governance by promoting well-being, citizen engagement, and sustainable development principles through collaborative partnerships and democratic frameworks.
About This Sustainability Report
This report highlights Benkel’s commitment to reducing its environmental impact through sustainable practices and responsible growth.
Sustainability Governance
A Sustainability Committee oversees Benkel’s eco-friendly initiatives, focusing on energy efficiency, waste reduction, and ethical operations.
Environment
Benkel is committed to reducing its environmental footprint through green logistics, and eco-friendly practices. Key initiatives focus on waste reduction, emission cuts, and sustainable technologies.
Conclusion
Benkel International is dedicated to industry leadership and sustainability. By merging innovative logistics with eco-friendly practices, the company seeks long-term success and a positive global impact.
