WHAT VALUE WAS CREATED IN 2024? UEM Edgenta made significant strides in addressing climate change and reducing greenhouse gas (GHG) emissions through internal sustainability initiatives. Key internal efforts included implementing energy-saving strategies at Menara UEM and other site offices to optimise electricity consumption, transitioning to green vehicles to lower petrol usage and Scope 1 emissions, and retrofitting facilities with energy-efficient LED lighting, significantly cutting energy consumption. We also launched ESG Immersion Month to further promote sustainability initiatives and embed environmental awareness across the organisation. Building on our efforts of helping clients kickstart their sustainability journey, we extended our climate risk management expertise beyond our own operations to benefit our clients. As a trusted leader in asset management and infrastructure solutions, we remained committed to empowering our partners and clients to achieve their climate objectives and reduce their environmental footprint. MAXIMISING VALUE FOR OUR CLIENTS Our commitment to delivering sustainable value extends beyond cost efficiencies, as we actively support clients in advancing their sustainability goals. This included assisting our key client, the MOH, in securing green building certifications for several hospitals under our care, such as Hospital Seberang Jaya, Hospital Seri Manjung, and Hospital Bukit Mertajam. Energy efficiency remained a core focus, with several energysaving initiatives implemented to help clients reduce their carbon footprint. These included chiller system optimisation, installation of motion sensors to regulate lighting based on occupancy, and retrofits with energy-efficient LED lighting, resulting in tangible reductions in energy consumption and operational costs. Beyond cost efficiencies, we also supported our key client, the Ministry of Health Malaysia (“MOH”), in advancing their sustainability efforts by securing green building certifications for several hospitals under our care, including Hospital Seberang Jaya, Hospital Seri Manjung, and Hospital Bukit Mertajam. Healthcare Services have helped MoH achieve energy savings worth 12.9 million in 2024, contributing significantly to operational cost reduction and environmental impact mitigation. Additionally, HSS supported MoH in implementing sustainable waste management practices, enabling healthcare facilities to achieve a minimum 5% waste reduction. These collaborations underscore HSS’s ability to deliver comprehensive and impactful sustainability solutions that drive measurable results for its clients Our healthcare and property businesses, Operon Middle East (OME) and UEMS Singapore, utilised occupancy sensors and IoT technology to optimise energy use by automatically adjusting lighting and air conditioning based on real-time usage. Meanwhile, our Infrastructure Services business integrated IoT solutions to ensure effluent water compliance at client sites, improving operational efficiency while reducing environmental impact. In supporting green building certifications, OPUS Energy enabled clients to achieve 20 Green Building certifications through comprehensive energy efficiency measures and renewable energy adoption. PFS further demonstrated leadership in sustainable facility management by earning a Platinum rating for GBI recertification at a Government Client’s asset. We also facilitated the transition to green mobility infrastructure, with Kaizen Asset Management installing EV charging stations at client sites to promote the adoption of electric vehicles. Additionally, PFS embedded circular economy practices by incorporating sustainable materials, such as recycled ceiling panels, eco-friendly air conditioner coil cleaning chemicals, and sustainably sourced timber for garden facilities. By embedding sustainability across our operations and client solutions, we continue to deliver long-term value, empowering our partners to meet their climate objectives and supporting the transition to a low-carbon future. CHALLENGES The total energy savings for our clients in Malaysia is 38.8 million kwh, which is equivalent to RM17.19 million. While we made notable progress in 2024, our decarbonisation journey was not without its challenges. Inflationary pressures and rising operational costs compelled us to recalibrate certain carbon reduction initiatives, deferring their execution to the medium- and long-term. Concurrently, capacity constraints, particularly in niche technical domains, highlighted gaps in internal expertise and human resources. Recognising the need to mitigate these risks, we adopted a multipronged approach, deepening strategic collaborations, investing in workforce upskilling, and engaging subject matter experts, to ensure the continued advancement of our climate commitments and operational resilience. RE-BASELINING OUR CALCULATIONS In 2024, we rebased our emission baseline that we set in 2022 largely as a result of mergers and acquisitions of KAIZEN and MEEM that we undertook in the Middle East, which added to our GHG inventory. Previously in 2022, UEMS Singapore was excluded from our emissions calculations due to the unavailability of data. In addition to including UEMS Singapore into our Scope 2 calculations, we increased reporting sites from 25 in 2022 to more than 70 in 2024, setting our new baseline for 2022 to 17,980.11 t CO2e (previous baseline was 17,577 tCO2e), a 2.29% increase from our previous baseline. MITIGATING EMISSIONS In 2024, we achieved a carbon emission reduction of 17,126.22 metric tonnes (tCO2e), which represents a 4.72% decrease, surpassing our annual target of a 3.69% reduction. UEM EDGENTA BERHAD 152 Integrated Annual Report 2024 Minimising Environmental Impact
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