ENVIRONMENTAL STEWARDSHIP (CONT’D) Energy Management and Climate Action (Cont’d) Scope 3 In FYE 2025, Keyfield continued to monitor Scope 3 GHG emissions from business travel and employee commuting as part of the Group’s broader emissions management efforts. Total Scope 3 emissions recorded for the year were 115 tCO2e, unchanged from FYE 2024. Of this total, employee commuting accounted for the largest share at 75 tCO2e, followed by business travel by air at 34 tCO2e and business travel by land at 6 tCO2e. This reflects the continued impact of employee and business travel on the Group’s indirect emissions profile and supports ongoing efforts to better understand and manage emissions across its value chain. The Group’s climate-related disclosures are prepared using the same reporting boundaries, assumptions and underlying environmental performance data applied under this material sustainability matter, in order to support consistency across narrative discussion, metrics and scenario-based analysis. Moving Forward To enhance operational efficiency and support its climaterelated commitments, the Group plans to undertake detailed energy and emissions audits on selected vessels to identify operational inefficiencies and potential improvement areas. In addition, the Group will consider the incorporation of additional portable generators across its existing vessels as a more energy-efficient alternative to running higher-capacity main generators for low electricity demand operations, and will continue to evaluate the potential use of solar renewable energy solutions or diesel electric with battery pack to improve energy efficiency and reduce reliance on conventional fuel sources. Note: GHG emissions were calculated using the UK Government GHG Conversion Factors 2022–2024. For energy conversion, the Group applied the net calorific value (“Net CV”) in kWh/litre, which reflects the energy content of the fuel excluding latent heat of water. • Reduce energy intensity by 3% in 2027, compared to the baseline year 2026. TARGET • Reduce emissions intensity by 3% in 2027, compared to baseline year 2026. TARGET Scope 3 Emission (tCO2e) FYE 2024 FYE 2025 Business travel by air 36 34 Business travel by land 4 6 Employee commute 75 75 Waste and Pollution Management We optimise waste and effluent management to ensure regulatory compliance, mitigate operational risk and advance sustainability in our vessel chartering operations. By adhering to stringent standards for discharges such as bilge and ballast water, we enhance our efficiency while safeguarding ecosystems and communities. Waste and Effluent Management Keyfield’s waste management practices comply with the MARPOL 73/78 – Annex V Prevention of Pollution by Garbage from Ships and the Environmental Quality (Scheduled Wastes) Regulations 2005. We are committed to full regulatory compliance through our holistic waste management practices, which encompass waste disposal, treatment, and recycling initiatives. 65 Annual Report 2025
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