Press Metal Annual Report 2023

Delivering Sustainable Value For Our Stakeholders Delivering Sustainable Value For Our Stakeholders Press Metal Aluminium Holdings Berhad 136 137 Integrated Annual Report 2023 Caring for the Planet OUR APPROACH In alignment with our Environmental Policy and Environmental Mission Statement, we adopt a multifaceted approach that focuses on minimising waste generation, promoting conservation, recycling and repurposing waste resources. Our goal is to achieve zero (0) landfill waste by 2030, with a short-term target of diverting 95% of waste by 2026. Implementing the 4R Approach We adopt the 4R (Reduce, Reuse, Recycle, Recover) approach to ensure effective waste management, emphasising reduction of waste generation at the source, material reuse, recycling valuable resources, recovering by-products, and responsibly processing our operational waste from cradle-to-gate. • Preventing or minimising waste volume and toxicity at the source through improvements in our manufacturing processes • Enhancing operational efficiency to minimise material wastage during our production processes Reduce • Repurposing industrial by-products back into our manufacturing processes • Promoting and educating employees through Go Green initiative to encourage waste repurposing Reuse • Utilising production by-products as material inputs • Collaborating with external stakeholders to optimise recovery efforts on aluminium by-products Recover • Recouping material value through recycling efforts • Re-melting pre- and post-consumer scraps to produce aluminium products Recycle 4R Approach WASTE MANAGEMENT GRI 3-3, GRI 306-1, GRI 306-2, GRI 306-3, GRI 306-4, GRI 306-5 M10 WHY IT MATTERS Effective waste management is crucial to our commitment to sustainability. The importance of waste management lies in the ability to address our environmental responsibilities while simultaneously enhancing operational efficiency and fostering positive community relations. By meticulously managing waste, we reduce our ecological footprint, which contributes to mitigating environmental degradation. This approach not only minimises environmental impacts but also optimises resource utilisation, thereby promoting resource and cost efficiency. Additionally, responsible waste management ensures compliance with regulatory standards, demonstrating our commitment to upholding legal requirements and ethical principles while safeguarding our financial and reputational interests. UN SDGs Capitals MC NC Caring for the Planet Reduce • Eliminating plastic packaging usage in canteens. • Implementing digital transformation to reduce paper usage. • Raising awareness through various initiatives such as posters, videos, talks and 5S Lean Manufacturing Principles. Reuse • Reusing spent carbon as fuel for production process. • Reusing carbon butts for new anode production. Recycle • Establishing pre- and post-consumer aluminium scrap programme to promote circular economy. • Recycling non-scheduled waste such as carton boxes and containers. • Collaborating with E-Waste Recycling Through Heroes (“ERTH”) to establish e-waste recycling campaign. • Establish recycle of aluminium hydroxide to produce aluminium sulphate for water purification process. Recover • Repurposing SPL as alternative raw material in cement production. • Implementing internal recovery system for aluminium dross and carbon dross to recover material value. • Enhancing internal recovery systems to increase our internal recovery capacity. • Caustic soda recovery system to allow for the reclamation of caustic soda. • Supporting a full recovery plant at Bintulu to recover aluminium dross and aluminium scrap. Ensuring Environmental Compliance All our manufacturing facilities are certified with ISO 14001:2015 Environmental Management Systems (“EMS”), which entail internal processes and systems designed to systematically identify, monitor and enhance our environmental performance. Our waste management practices within our EMS incorporates the regulations set by the DOE Malaysia and the regulating standards of the People's Republic of China. Furthermore, we conduct regular site inspections and audits throughout our production processes to ensure continuous compliance and identify areas for improvement. Implementing Waste Management Systems Hazardous waste produced at our manufacturing facilities is thoroughly managed to minimise exposure, prevent contamination and ensure safe handling through disposal. Such waste, entailing substances that are toxic, flammable, corrosive or reactive and posing potential risks to human health and the environment, are identified, handled, treated and disposed of with strict adherence to regulatory standards set by governmental agencies and best practices in sustainability. In Malaysia, our entities utilise the electronic Scheduled Waste Information System provided by the DOE, meticulously recording all scheduled waste generation and handling activities, while in China, waste handling reporting is done through the local province system, Guangdong Solid Waste Declaration System. Mitigating Spills and Leakages Spills and leakages may cause potential adverse environmental and health impacts on our stakeholders, including our employees and local communities. In response, we have implemented robust procedures and processes within our EMS that aim to consistently protect our people, the environment and our business operations from such incidents. Our EMS also encompasses procedures and processes including maintaining sound facilities, implementing impermeable flooring, conducting spillage handling training, implementing compliance controls and monitoring programmes. Any spills and leakages are promptly reported to the relevant department and recorded internally through our EHS e-reporting system. In the event of unexpected incidents, Press Metal has in place an Emergency Response Plan (“ERP”) which outlines procedures for responding to emergencies, as well as the procedure for coordination with the immediate community and selected government agencies. Furthermore, a dedicated hotline, accessible by internal and external stakeholders, has been set up for prompt reporting of any incidents involving chemical leakage. OUR VALUE CREATION We have instituted a comprehensive approach towards waste management through reduce, reuse, recycle, and recover initiatives throughout our operations.

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