RISKS RISKS OPPORTUNITIES OPPORTUNITIES • Financial and reputational damage due to noncompliance with environmental laws. • Long-term operational disruption due to climate change. • Poor control of water and material usage results in inefficiency and increased costs. • Poor waste management leads to financial and reputational damage from violating environmental regulations. • Future-proofing our business operations by being climate change-resilient. • Setting a strong corporate example and capturing climate-related business opportunities. • Enhancing our operational efficiency and decreasing our costs by minimising water and material inputs. • Decreasing our environmental footprint by reducing waste and implementing proper waste disposal methods. DESCRIPTION Taking concerted climate action by minimising our direct and indirect greenhouse gas (GHG) emissions and reducing energy consumption across our operations. DESCRIPTION Adopting responsible environmental management strategies across waste management, material use and water consumption. WHY IS IT IMPORTANT Climate change, exacerbated by GHG emissions, poses a long-term risk to our operations due to environmental degradation and adverse weather events. Hence, proper tracking of GHGs and energy consumption enables better sustainability compliance and promotes efficient use of energy throughout the organisation. Refer to Climate Change and Energy on pages 146 to 156. WHY IS IT IMPORTANT Our responsible consumption of water and materials, coupled with the mindful management of waste, is essential in meeting growing stakeholder expectations for environmental stewardship while safeguarding the broader ecosystem. Refer to Environmental Management on pages 157 to 163. M5: CLIMATE CHANGE AND ENERGY M6: ENVIRONMENTAL MANAGEMENT • Launch UEM Edgenta’s Net Zero Targets to achieve net zero GHG emissions by 2050, aligning with the International Energy Agency’s (IEA) Net Zero Emissions by 2050 Global Pathway. • Annual reporting of emission data and net zero performance. • Formulated a net zero monitoring methodology to effectively track and measure our progress towards achieving net zero emissions across our operations. • Reduce water and material usage across our business, both in our operations and for our clients. • Active involvement in waste management as part of our value creation process. OUR RESPONSE OUR RESPONSE Capitals: UNSDGs: Stakeholders: Capitals: UNSDGs: Stakeholders: S1 S2 S3 S4 S5 S6 S7 S1 S2 S3 S4 S5 S6 S7 55 MANAGEMENT DISCUSSION AND ANALYSIS
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