We are committed to achieving our sustainability goals and creating evermore opportunities for all our stakeholders in the region. Our sustainability framework, underpinned by the principles of good governance and transparency, serves as a comprehensive approach to safeguarding shareholder value, upholding ethical practices and embracing a forward-thinking mindset all while supporting our overall long-term portfolio strategy and capital allocation plans.
Sustainability Framework Focus Areas:
Our first area of focus is portfolio decarbonisation. JC&C is a strong supporter for collective climate action. Since our portfolio includes businesses in high-emission or hard-to-abate sectors, it is essential that we proactively support efforts to manage and reduce carbon emissions. We collaborate with our portfolio companies by first measuring their footprint and then developing tailored decarbonisation pathways to address emissions from their operations. Our long-term ambition is to achieve Net Zero by 2050 for Scope 1 and 2 emissions.
Next, we focus on social responsibility. We are committed to enriching the communities where we operate. We actively drive initiatives that promote positive social impact, particularly in mental health and education, aligning our efforts with the United Nations’ Sustainable Development Goals. Beyond this, we also advocate for good corporate governance, upholding the highest standards of ethics, integrity and transparency across our businesses.
Finally, we focus on long-term resilience. To strengthen our business resilience, we manage risks and seize opportunities through strategic planning, responsible resource management and targeted investments in priority ESG areas that are material to our business. This includes actively addressing significant risks such as the global phase down of coal and the transition to cleaner energy vehicles. Our approach combines sustainable transformation of our core businesses while investing in new areas of growth, particularly where it aligns with the theme of a low-carbon transition.
Through our sustainability framework, we will continue to build resilience in our portfolio businesses and create positive social impact.