SUSTAINABILITY REPORT Emission (Cont’d) MKH have started on emissions data gathering. The table below shows the recent data collection which also includes estimated data from our recent financial years. Emissions are those emitted directly from our Company-owned generator sets and vehicles. MKH Group Estimated MT of carbon dioxide equivalent (tCO₂e) Description FY2023 FY2022 Scope 1 179 156 MKH Oil Palm Estimated MT of carbon dioxide equivalent (tCO₂e) Description FY2023 FY2022 Scope 1 10,702 10,334 Our oil palm trees absorb substantial CO₂. The above estimated CO₂ emission has not been net off with the CO₂ absorbed by our oil palm trees. In line with Bursa Malaysia’s Sustainability Reporting Guide (3rd Edition), we will be reporting Scope 2 and 3 GHG emissions, which will include Category 6 (Business Travel) and Category 7 (Employee Commuting) in the future. Towards the Economy With expertise spanning more than 40 years in the property industry, our Group consistently engages in fruitful collaborations with landowners through joint ventures. A wide range of successful property launches have been carried out by our Property Development and Construction Division. These launches include integrated townships, TOD and affordable homes. In FY2023, the Group conducted marketing campaign across digital and social media platforms. One of the initiative was the “MKH Smart Up Your Home” campaign, which was conducted from May to September 2023. During the campaign, the purchasers were entitled to lucky draw prizes for the 11 projects including Nexus @ Taman Pertama, TR2 Residence @ Jalan Tun Razak, MIRAI Residences, Nexus @ Kajang Station (Tower B) and Akina @ Kajang 2 Precinct 3. This campaign signifies another stride in our commitment in delivering exceptional value and experiences by providing attractive incentives for our valued customers. We offer a diverse selection of housing option to homebuyers. The incorporation of the Industrialised Building Systems (“IBS”) in our construction further emphasizes our environmentally friendly approach in property development. We constantly explore joint-venture opportunities to expand our land bank which enable the Group to carry out development with relatively lower upfront financial commitment. 68 MKH BERHAD | ANNUAL REPORT 2023
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