BUSINESS VALUE CHAIN AND KEY PROCESSES Reduction in water and electricity consumption across the project lifecycle. Increased cooling effect, optimisation of natural windflows and improved project orientation to reduce heat exposures. Leveraging design to optimise / reduce resource / energy consumption. Inclusion of more green building and design features in developments. Use of more sustainable / eco-friendly materials. SUSTAINABLE DESIGN AND BUILD PRODUCT MARKETING Matrix’s product marketing mix has progressively transition to digital mediums, which reduces use of printed paper and other materials. This contributes to the larger objective of reducing environmental footprint. Construction Works The focus is on practicing more recycling and waste reduction methods on construction sites. In addition, providing a more safe and secure work environment for site workers and to maintain a zero OHS incident workplace is the strategic priority. Health, Safety and Environment (“HSE”) Performance (Matrix Excelcon) FY2021 FY2022 FY2023 Safe Man Hours without fatalities 5,446,800 3,412,800 2,651,040 Number of Fatalities 1 - - Lost Workday Cases - - - Restricted Workday Cases - - - Fire Cases 1 - - First Aid Case 3 2 - Environmental Pollution - - - Property Damage - - - Near Miss 1 - - Dangerous Occurrence Case - - - Project / Township Management The focus on good ESG practices leads to improved cost efficiencies. Hence, Matrix continues to explore how ESG can deliver enhancements in the management of projects and townships. For example, establishing recycling and compost areas within townships, organising community events and activities and exploring other methods. The use of LED lighting for street lighting and lighting at common areas is one example. DESIGN & MASTERPLANNING Increasingly, ESG related considerations such as green building materials and sustainable designs are being considered, where applicable in the conception of development. While social concepts and elements such as placemaking, community amenities and facilities have always been a regular feature of Matrix’s developments, the Group’s design approaches are now considering environmental considerations. Among these include: Regulatory Approval and Project Financing Regulators and financiers are increasingly emphasising environmental (and social) considerations as part of the requirements for compliance. Beyond regulatory compliance, there is a greater encouragement or emphasis on projects that are green building certified or have green features. As such, Matrix is also exploring opportunities to increase its adoption of green related measures towards going beyond compliance. INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 91
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