Primech Holdings (Nasdaq: PMEC) Subsidiary Earns 2026 LowCarbonSG Gold Leader Recognition Following 17.5% Year-on-Year Reduction in Scope 1 and 2 Emissions
Key Highlights
- ➤Primech A & P earns 2026 LowCarbonSG Gold Leader recognition, the program’s highest tier
- ➤Combined Scope 1 and 2 emissions fell approximately 17.5% year-on-year
- ➤Scope 1 emissions decreased 31.7% year-on-year
- ➤Scope 2 emissions decreased 8.8% year-on-year
- ➤Primech is transitioning operational vehicles from diesel to electric vehicles
Expert Statements
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“Attaining the 2026 LowCarbonSG Gold Leader recognition represents an important milestone in our sustainability journey and reflects the measurable progress we have made in reducing our operational carbon emissions”
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“As we continue to grow our facility services business, we remain focused on improving efficiency and incorporating more sustainable practices into our day-to-day operations.”
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“This recognition reflects the progress we have made in managing our operational carbon footprint.”
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“We will continue to strengthen our carbon-management capabilities and explore technology-driven solutions that support more sustainable facility operations.”
Key Facts At-a-Glance * Who: Primech A & P Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), based in Singapore. * What: Attained the 2026 LowCarbonSG Gold Leader recognition, the highest of the programme’s three tiers, awarded for year-on-year reductions of at least 5% in both absolute Scope 1 and 2 emissions and emissions intensity by revenue. * When: Recognition awarded in 2026, based on emissions recorded from April 2025 to March 2026, compared with April 2024 to March 2025. * Where: Singapore. LowCarbonSG is led by CPLC Singapore, the decarbonisation arm of the UN Global Compact Network Singapore, with support from the National Environment Agency and Enterprise Singapore. * Why it matters: Recognises Primech A & P’s measurable progress in reducing operational carbon emissions and reflects its continued commitment to adopting more sustainable practices across its facility services operations. * How much: Combined Scope 1 and 2 emissions decreased by approximately 17.5%; Scope 1 emissions decreased by 31.7%, while Scope 2 emissions decreased by 8.8%. SINGAPORE, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a leading technology-driven facility services provider serving public and private sectors across Singapore, today announced that its subsidiary, Primech A & P Pte. Ltd. (“Primech A & P”), has attained the 2026 LowCarbonSG Gold Leader recognition, the highest of the programme’s three recognition tiers, following an approximately 17.5% year-on-year reduction in combined Scope 1 and Scope 2 greenhouse gas emissions.
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