CSE Global's stock surged 3.33% during intraday trading on Wednesday, following the release of the company's sustainability report for FY2025.
The report revealed several positive metrics, including revenue of SGD 969 million for FY2025, a 2% reduction in Scope 1 and 2 emissions intensity, and tightened climate targets for FY2026 with a goal to reduce emissions intensity by 12% by FY2030 from the FY2023 baseline.
Additionally, the company reported significant improvements in resource efficiency, with paper consumption intensity dropping 7% and water consumption intensity falling 20%. The sustainability report also highlighted strong safety and compliance records with zero fatalities, corruption incidents, significant fines, bribery cases, or customer data loss incidents.
