My EG Services Berhad Annual Report 2024

47 OUR BUSINESS AND STRATEGY MATTERS IMPACTING VALUE CREATION (cont’d) INCREASING CARBON/CLIMATE CHANGE FOCUS 1PTU $01 XJUI QMBOT GPS àOBODF UP NJUJHBUF UIF FGGFDUT PG DMJNBUF DIBOHF JOUFSOBUJPOBM USBEJOH PG DBSCPO credits and helping developing nations transition to more sustainable energy sources – as well as the launch PG .BMBZTJB T OFX TVTUBJOBCJMJUZ SFQPSUJOH GSBNFXPSL UIF /43' XIJDI JODMVEFT *'34 4 TUBOEBSET UIBU GPDVT PO DMJNBUF SFMBUFE SJTLT BOE PQQPSUVOJUJFT UIF XPSME JT BDDFMFSBUJOH JUT QJWPU UPXBSET BDIJFWJOH OFU [FSP DBSCPO TUBUVT OPUBCMZ CZ 5IJT OFDFTTJUBUFT B NBKPS TIJGU BDSPTT OBUJPOT JOEVTUSJBM TFDUPST BT XFMM BT DPNQBOJFT UP rethink their present energy consumption requirements and to adopt decarbonisation strategies. RISK OPPORTUNITY Failure to adopt effective strategies would mean exposure to a wide range of transitional climate SJTLT TVDI BT DPTUT BTTPDJBUFE XJUI QVSTVJOH FOFSHZ efficiency as well as transitioning to renewable FOFSHZ i3&u DPTUT BTTPDJBUFE XJUI JODSFBTFE DPNQMJBODF BOE SFQPSUJOH PCMJHBUJPOT JODMVEJOH compliance with the aspirations of institutional investors. With increasing urgency among global stakeholders to BDIJFWF DMJNBUF HPBMT DBSCPO SFEVDUJPO UBSHFUT UIFSF BSF calls for greater digitalisation of conventional processes that are inefficient and resource-dependent. Traceability and verification of sustainable products are also topics of interest. 4BWJOHT JO FOFSHZ DPTUT OPUBCMZ FMFDUSJDJUZ DPTUT XJUI UIF USBOTJUJPO UP TPMBS BOE PUIFS BMUFSOBUJWFT BOE UIF FGGFDUT of rising electricity tariffs. STAKEHOLDERS LIKELY IMPACTED LINKAGE TO MATERIALITY & CAPITALS INVOLVED STRATEGIC RESPONSE Investors Customers Government and Regulators Community and General Public 1PMJUJDBM 3FHVMBUPSZ $IBOHFT Economic Values Generated Competitive Marketplace 1SPEVDU 4FSWJDF 2VBMJUZ $MJNBUF $IBOHF &NJTTJPOT CAPITALS INVOLVED: The adoption of Web3 technology can unlock a host of advantages that enable business and commercial HPBMT UP CF NFU JO B GBTUFS NPSF FGàDJFOU NPSF secure and cost-effective method while at the same time expediting decarbonisation. These include the ability to fully digitalise business and Government QSPDFTTFT UP SFNPWF NBOVBM QBQFS CBTFE EPDVNFOUBUJPO UIF FOBCMJOH PG DBSCPO USBDFBCJMJUZ GSPN QPJOU PG PSJHJO UP GJOBM EFTUJOBUJPO BOE traceability and verification of product provenance BOE TVTUBJOBCMZ TPVSDFE HPPET FTUBCMJTINFOU PG DBSCPO DSFEJU UPLFOJTBUJPO NBSLFUT BNPOH PUIFST The continued pursuit of energy efficiency strategies through deployment of technological innovations within physical premises as well as across systems BOE QSPDFTTFT F H BEPQUJPO PG CMPDLDIBJO 3FGFS UP the Strategies to Sustain Value Creation section for more information.

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