message to shareholders - SPC

The Penguin Exhibit, SPC’s long-term commitment to the Singapore Zoological Gardens.
Holding an enlightened view that
good corporate governance is
more a culture than a compliance
issue, the SPC Group adopts ethical
corporate conduct and encourages
corporate transparency in
maintaining a desired standard of
business integrity.
The Company is a loyal patron of Singapore’s own
Symphony Orchestra and supports its musician
development initiatives. Additionally, SPC supports
educational enhancement initiatives through
student attachment programmes and sponsorship
of awards for academic achievement.
As a provider of an essential resource, the
Company believes in doing business in ways that
balance the economic and environmental
dimensions through efforts in environmental
protection and sustainable development. Through
good environmental stewardship, the Company
constantly keeps abreast of environmental best
practices to meet the needs and expectations of
society. Though its jointly owned refinery,
Singapore Refining Company Pte Ltd (”SRC”),
which was certified to ISO 14001 in October 1999,
it continues to commit resources to upkeep its
environmental protection efforts. Additionally,
SPC’s sustainability pursuits encompass wildlife
preservation, demonstrated through its long-time
association as a Corporate Friend of the Zoo.
Holding an enlightened view that good
corporate governance is more a culture than a
compliance issue, the SPC Group adopts ethical
corporate conduct and encourages corporate
transparency in maintaining a desired standard of
business integrity.
In ensuring its commercial viability, the SPC Group
has kept in sight its responsibility towards the
community and its accountability towards its
stakeholders. Going forward, the Company,
determined in continuing to make a difference,
will continue to apply equally demanding efforts
to its corporate and social conduct.
making a
difference / 37