OUR PERFORMANCE IN ADDRESSING MATERIAL MATTERS STRATEGY Matrix’s strategy with regard to climate change takes into account the following perspectives based on short, medium and longterm horizons by reviewing the various areas of concerns: The Group’s strategy is centred on its Zero Carbon by 2050 long-term goal, based on the following broad based focus areas: How do the physical, transitional and legal risks affect, impede or disrupt operations? What changes are necessary to sustain business growth and value creation? What opportunities are presented for new revenue generation opportunities or to improve efficiency and productivity? How should climate change be integrated into the mainstream of risk management and business strategies? How will climate change impact Matrix’s stakeholders? How will these impacts erode stakeholder value creation? How does Matrix through consumption of resources, energy and waste production contribute to climate change? IMPACTS OF CLIMATE CHANGE ON MATRIX’S BUSINESS MODEL AND OPERATIONS INTEGRATION OF CLIMATE CHANGE INTO BUSINESS STRATEGIES MATRIX’S CONTRIBUTION TO CLIMATE CHANGE IMPACT OF CLIMATE CHANGE ON STAKEHOLDERS TCFD TCFD - Task Force Climate-related Financial Disclosures Removal of residual carbon footprint through carbon credits of other means. 3 Decarbonisation through increased renewable energy. Continued transition to alternative sources of energy, reduction in hydrocarbon use, transitioning to electricity derived from solar i.e. green power programme, etc. 2 Decarbonisation through improvements in production processes, energy and production efficiency, waste reduction and sourcing of products from green certified suppliers. The aim is to reduce as much as possible, carbon footprint at the source prior to actual business activities and adoption of methods that will enable a reduced carbon footprint. 1 VALUE CREATION STRATEGIC REVIEW MATRIX CONCEPTS HOLDINGS BERHAD 100
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