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SciDev Outlines ESG Commitments and Climate-Related Reporting Plans

SciDev has outlined its principal ESG commitments and climate-related reporting plans in its latest announcement. The company is preparing to adopt AASB S2 Climate-related Disclosures from 1 July 2027 and continues to assess disclosure requirements to improve transparency for stakeholders.

Material actions and disclosures

The Group maintains a very low risk appetite for matters relating to health, safety, environmental performance, and regulatory compliance. SciDev is committed to conducting its activities lawfully, ethically, and responsibly, and adheres to a Code of Conduct that applies to Directors, executives, and employees.

SciDev is also focused on ethical sourcing practices, incorporating considerations relating to ethical conduct and modern slavery risks into supplier evaluations, procurement processes, and contractual arrangements.

Forward commitments

The Company expects to adopt AASB S2 Climate-related Disclosures from 1 July 2027. As part of its preparation for the new reporting regime, SciDev continues to assess disclosure requirements and enhance its governance, risk management, data collection, and reporting processes.

SciDev remains committed to developing the systems, governance structures, and data processes necessary to support evolving reporting expectations and improve transparency for stakeholders.

The company also plans to continue strengthening its governance, cyber security controls, business continuity, and disaster recovery capabilities to support operational resilience and environmental regulatory requirements.

SciDev’s remuneration framework is designed to align executive interests with company success and long-term shareholder value, with a focus on performance-based incentives.

These commitments and plans reflect SciDev’s ongoing efforts to enhance its ESG performance and transparency.

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