ENRA Group Berhad | Annual Report 2022 58 SUSTAINABILITY REPORT 6. Energy, resources and waste management (Environmental) Energy savings as a business Through our 51%-owned subsidiary ENRA IOL, we continue to help fellow Malaysians accelerate energy and cost savings by switching to light emitting diode (“LED”) lighting solutions, with optional internet-based smart applications. TABLE 6 ENRA IOL LEDs used by others FY 2019/20 FY 2020/21 FY 2021/22 Energy Saved (Kwh/year) 3,075,726 3,597,848 6,507,742 Average tariff (RM/kwh) 0.42 0.41 0.40 Cost saving (RM) 1,247,029 1,455,878 2,602,676 CO2 emission reduction (MT/year) 2,395 2,891 5,656 From TABLE 6 above, the change in total energy saved from FY 2019/20 to FY 2020/21 worked out to about 17% followed by a jump of 81% in FY 2021/22. This translates to an increase in cost savings for the clients of about 17% from FY 2019/20 to FY 2020/21 and 79% increase in savings from FY 2020/21 to FY 2021/22. In terms of CO2 emission reduction, there was an increase in reduction of about 21% from FY 2019/20 to FY 2020/21 followed by a huge increase of 96% from FY 2020/21 to FY 2021/22. As a result of our divestment and rightsizing exercise, we have relocated our office to a much smaller premise which has yet to use ENRA IOL’s LEDs. ENRA intends to install these LEDs once it becomes practicable and economical.
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