facility of RM75 million to finance capital expenditure and operational costs related to our Zero Capex programme. This facility will supplement the capital required to enable the rollout of RM200 million programme to help our clients transition to a low-carbon economy. In line with our commitment to promoting a circular economy and resource efficiency, we commercialised our Recycled Asphalt Pavement (RAP) Plant in Tapah, Malaysia. By repurposing road milling waste into eco-friendly road paving materials, this initiative supports sustainable infrastructure development while minimising waste and consumption — and demonstrates that circular economy initiatives can generate both business and environmental benefits. We also formalised several strategic partnerships to advance sustainability initiatives and energy transition solutions. These included a Memorandum of Business Exploration (MOBE) with Iskandar Investment Berhad (IIB) to support the development of energy-efficient and environmentally conscious urban planning in Johor, and a long-term Energy Performance Contract (EPC) with Boustead DPC Sdn Bhd targeting energy reductions and cost savings. Our collaboration with Yinson Greentech strengthens our commitment to sustainable mobility as we accelerate the adoption of electric vehicles (EVs) in our fleet. Moving forward, we will continue to enhance our sustainability reporting policies and supplier engagement practices while leveraging our technology solutions to achieve greater reductions in energy consumption and operational costs for ourselves and our clients. ENHANCING EMPLOYEE ENGAGEMENT Our diverse workforce is the engine behind our operational excellence and business expansion. Recognising the vital role of an engaged and motivated workforce in strengthening our position in a competitive landscape, we continued to enhance talent development and well-being programmes in FY2024 to foster a high-performance culture. In response to the Employee Engagement Survey conducted in FY2023, we introduced a more structured approach to townhall meetings with a standardised communications plan and supporting materials to ensure clarity and alignment at all levels of the organisation. At the divisional and departmental levels, workshops and focus group sessions have created more informal spaces for employees to share feedback and build stronger connections. In May 2024, we launched the “Leadership Connect: One Voice, One Purpose” series, which brought senior leaders together with employees across our business entities through townhall sessions. Designed to foster transparency and share strategic priorities, these engagements strengthened our collective vision The output from this exercise will be a key component in developing our detailed Scope 3 emissions inventory and a corresponding supply chain engagement plan to support the development of targeted reduction strategies across our ecosystem. Once quantified, we will commence integrating Scope 3 emissions into our Net Zero Target. I am further pleased to note that we made significant strides in the Social and Governance spectrum of our ESG framework. Through targeted initiatives focusing on well-being, disease prevention, and road safety, we successfully enhanced employee health and safety in 2024, with 92.25% of our employees completing key training programmes in these health and safety areas. I am also pleased to announce that 100% of our operations have achieved ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. In the governance space, we updated our Enterprise Risk Framework to enhance the Board of Directors’ roles in overseeing ESG matters of the Group including climate risk. Acknowledging the importance of health and safety of our workers, contractors and users of assets we maintain, we took the progressive step to add one of our key material matters, Occupational Health and Safety into the current focus areas that we prioritise. With this inclusion, we now will be prioritising 5 areas our material matters namely Climate Change and Energy, Environmental Management, Human Rights, Supply Chain and Occupational Health and Safety. While we will focus on these matters, we will continue to address the rest of our material matters to drive strategic growth, champion innovation, improve customer satisfaction, empower our communities and do business in an ethical manner. Building on the momentum delivered by our maiden roadmap, 2024 saw us launching our ESG Roadmap 2.0 a 2 year blueprint that will guide us in the next phase of our sustainability pathway. This comprehensive roadmap contains actions to implement the upcoming National Sustainability Reporting Framework, build a resilient supply chain ecosystem, uphold human rights, strengthen our safety standards and enhance our sustainability culture. The Zero Capex Programme led by OPUS Energy continues to deliver positive financial and operational impact for our clients. Since its launch, more than 25% of the capital allocated has been utilised to energy efficiency projects. A notable achievement in FY2024 was securing our first green financing In 2024, we have saved RM41.1 million in costs, highlighting our proactive approach and steadfast commitment to driving long-term resilience and delivering sustainable value to our stakeholders. Chairman’s Statement UEM EDGENTA BERHAD 28 Integrated Annual Report 2024
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