CLIMATE CHANGE AND EMISSIONS Matrix takes proactive steps by calculating their Scope One and Scope Two carbon emissions using the GHG Protocol Corporate Accounting and Reporting Standard methodology, Matrix accurately measure and manage its direct emissions (Scope One) from owned or controlled sources, as well as indirect emissions (Scope Two) from the consumption of purchased electricity. This rigorous approach enables Matrix to identify key areas for emissions reduction, implement effective sustainability strategies, and contribute to global efforts in mitigating climate change. In terms of Scope 3 emissions, Matrix’s disclosures encompass business travel via passenger flights and employee commuting to and from their workplace. The latter inclusion, newly introduced, contributes to the development of a comprehensive GHG inventory. OUR PERFORMANCE IN ADDRESSING MATERIAL MATTERS Total Scope One Total Scope Two Total Scope Three Total Emissions FY2022 FY2023 FY2024 tCO2e 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 592.3 3,958.2 4,550.5 423.3 4,111.1 5622.2 1,521.2 4,153.6 1,270.5 1,087.8 6,945.3 Emissions: Total and Breakdown TYPES OF EMISSION UNIT FY2022 FY2023 FY2024 Total CH4 Tonnes 2.4 1.7 6.6 Total N2O 1.3 0.9 14.9 Note: The figures for previous years have been restated to reflect the latest global warming potentials issued by the IPCC (AR6), and the term ‘NOx’ has been replaced with ‘N2O’ to accurately present tabulated emissions sources. FY2024 saw an increase in both CH4 and N2O emissions due to scope expansion in considering indirect emissions generated from business travel and employee commuting. The Group’s TCFD disclosures and how it has addressed the four pillars of Governance, Strategy, Risks and Metrics and Targets are provided in details in SR2024. VALUE CREATION STRATEGIC REVIEW 97 INTEGRATED ANNUAL REPORT 2024
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