SUSTAINABILITY REPORT Waste Management (Cont’d) MKH Oil Palm 166,413 177,966 38 46 FY2022 FY2023 Total waste diverted from disposal Total waste directed to disposal Description FY2023 FY2022 Total waste diverted from disposal 177,966 MT 166,413 MT Total waste directed to disposal 46 MT 38 MT MKH Oil Palm recorded a substantial increase in waste recycling in FY2023, driven mainly by the increase in FFB processed. We have implemented effective waste management strategies, recycling our crop waste into fertilizers and adopting a comprehensive approach to reuse materials wherever feasible. Our waste plays a crucial role in energy generation, contributing to sustainable electricity production in our plantation. Our Plantation Division actively promotes sustainability through the use of renewable energy sources for power generation and use by-products from palm oil milling, namely palm kernel shells and mesocarp fibre, as fuel for the boilers at our palm oil mill to produce steam for electricity generation by turbines. This aligns with our commitment to environmentally responsible practices, ensuring that our operations not only meet production demands but also contribute positively to our ecological footprint. Emission The rising CO2 level leads to a variety of effects, including rising sea levels, changes in precipitation patterns, an increase in extreme weather events such as droughts and floods. As a corporation, we are committed to supporting the national agenda in reducing the GHG emissions, recognizing our responsibility in minimizing carbon emission within our business operations. This is reflected in the identification of climate change as a key-risks identified in our MKH’s Materiality Matrix. Our goal is to minimize carbon emissions, a commitment reinforced by our focus on Scope 1, with plans for Scope 2 and Scope 3 emissions for future implementation. We believe that by establishing a benchmark baseline, MKH will be able to effectively monitor our emissions profile and take steps to minimize carbon emissions, contributing to a sustainable and environmentally conscious business approach. MKH BERHAD | ANNUAL REPORT 2023 67
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