Climate change impacts every aspect of our lives, from the environment we live in to the way we run our business. We recognise the increasing frequency and severity of extreme weather events, rising sea levels, and shifting climate patterns - all of which pose substantial threats to ecosystems, human health, and economic stability. These changes can disrupt our operations, damage our infrastructure, and increase financial and operational risks.
Decarbonising our operations
Our corporate commitment to achieving net zero remains core to our strategic efforts. Underpinned by our net-zero goal by 2040, we have developed near- and long-term targets which guide our climate strategy and efforts. These help us to reduce emissions progressively by continuously enhancing the efficiency of our infrastructure, using renewable electricity and exploring ways to decarbonise our operations. We have also set near- and long-term carbon reduction targets against a 2023 base year and submitted these targets to the SBTi for validation. We will announce our approved targets in due course. In 2024, we are delighted to have achieved carbon neutrality, as per our goal.
Electricity consumption is the major contributor to our carbon footprint. To effectively manage our overall energy efficiency, our TKO Data Centre has implemented environmental and energy management systems which are certified to the internationally recognised ISO 14001 and ISO 50001 standards respectively. It has also earned the two Leadership in Energy and Environment Design (LEED) Gold Certifications from the US Green Building Council. Other green features include solar panels, holistic waste recycling facilities, rainwater harvesting system, and electric vehicles charging stations.
To reduce our carbon emissions, we use electricity from renewable sources as much as practicable. This is achieved through either direct purchase of renewable electricity or the acquisition of renewable energy certificates from the markets in where our operations are located. As of the end of 2024, 99% of our operating premises were powered by electricity from renewable sources.
Engaging our employees and suppliers
Tackling climate change requires collective action and it is important for us to engage our employees and suppliers in our decarbonisation journey. By enhancing data transparency, raising awareness and fostering collaboration, we encourage their active participation to drive meaningful progress towards our sustainability goals.