Delivering Sustainable Value For Our Stakeholders Delivering Sustainable Value For Our Stakeholders Press Metal Aluminium Holdings Berhad 146 147 Integrated Annual Report 2023 Caring for the Planet All BAPs formulated for projects under our control include specific targets and timelines and aim to achieve no net loss of biodiversity. To achieve this, we undertake the steps of Avoidance, Minimisation and Restoration, as defined in the Biodiversity Mitigation Hierarchy. Should these steps be insufficient to achieve no net loss, Biodiversity Offsets are employed as a final rehabilitation measure. For the evaluation of sensitive areas, we use the Integrated Biodiversity Assessment Tool, which allows us to leverage global biodiversity datasets – including the International Union for Conservation of Nature’s Red List of Threatened Species, The World Database on Protected Areas and Key Biodiversity Areas – to assess potential impacts on ecosystems and species. In addition to this, sites on the World Heritage List and properties on the Tentative Lists and World Heritage List Nominations are also reviewed. Besides that, a thorough examination of ecosystem services surrounding the entity in question, covering provisioning services, regulating services, cultural services and supporting services, is carried out. OUR VALUE CREATION In alignment with Malaysia’s ESG and net zero agenda, we participate in a range of land management and rehabilitation programmes, which include the planting of trees to strengthen local ecosystems. In FYE2023, our initiatives involved a total investment of approximately RM357,000, including participation in the 1 Rakan Alam Sekitar 1 Pokok programme. This contributed to the planting of 350 tree saplings of Merawan Siput Jantan (Hopea odorata), Belian (Eusideroxylon zwageri), Pokok Doa (Bucida molineti), and Trumpet Tree (Tabebuia pentaphylla). This initiative is part of the effort to create a low-carbon industrial city in Bintulu, Sarawak. Furthermore, we funded a rewilding project in collaboration with the Sarawak Forestry Corporation, covering soil treatment, planting materials acquisition, field planting, plant maintenance and growth monitoring at Similajau National Park. Commenced in FYE2022 and concluded in March 2023, this initiative has successfully resulted in the planting of 500 tree saplings, showcasing our dedication to the preservation and conservation of natural habitats. Additionally, a total of 2,000 Golden Ficus, 2,000 Eugenia and 30 Belian trees were planted in PMBtu as part of our tree planting programme. Further to this, PMBtu was honoured with an appreciation award from the Bintulu Development Authority in Pertandingan Landskap Lestari Bintulu 2023, specifically in the category of Industrial Landscape, for its commitment to organising tree planting programmes in the Samalaju Industrial Area. Our China entity, PMI advocates biodiversity protection by being a member of the Alashan Society of Entrepreneurs and Ecology Foundation. This foundation supports environmental organisations and projects by providing sustainable funding, focusing on desertification control, pollution prevention, green supply chains, ecosystem conservation and nature education. HOW WE PERFORMED IN 2023 In FYE2023, we planted a total of 4,880 trees, in which 850 trees were planted externally and 4,030 trees were planted within the premises of PMBtu. 1 Biodiversity and Ecosystem Services Risk and Impact Assessment 2 Formulation of a Biodiversity Action Plan (“BAP”) 3 Active implementation of the BAP 4 Periodic reviews to assess the BAP’s effectiveness Our manufacturing facilities are mainly situated in industrial parks and have obtained relevant licenses from local authorities. None of our manufacturing facilities are located in or adjacent to any World Heritage Properties, protected areas or key biodiversity areas. This equates to insignificant biodiversity impacts across our business. Addressing Risks from Pests, Vectors and Invasive Species We have established an Integrated Pest, Vector and Invasive Species Management Plan to address risks from the arrival of pests, vectors and invasive species which travel alongside the goods we bring into the country. The plan guides the effective pest and species management, which is crucial for ensuring control and prevention. First, we identify and register areas with the potential for pest proliferation, along with imported items, to establish local control requirements. Once identified, an analysis will be conducted to determine the most effective approach followed by an action plan. Regular reviews are conducted to pinpoint potential areas for improvement and maintain the programme’s adaptability and efficiency. With these processes in place, we take a proactive and systematic approach to pest and species management, safeguarding our surrounding natural environments against potential threats. Adhering to our Biodiversity Management Plan Our Biodiversity Management Plan (“BMP”) guides the management of potential impacts on biodiversity arising from our operations. The BMP, which employs a self-assessment method, enables the systematic identification of existing biodiversity statuses and potential impacts or concerns from our manufacturing operations. It also facilitates the development of mitigation measures to counter any negative impacts, where identified. The BMP also encompasses procedures for the assessment and management of alien species (species non-native to an ecosystem that can cause economic or environmental harm), structured around four (4) key steps: GOING FORWARD Looking ahead, the preservation of biodiversity will continue to be a top priority for us. Our efforts to this end will focus on ensuring harmony between our business and natural ecosystems through the implementation of responsible practices that protect natural habitats and meet our operational excellence standards. Our journey here is one of continuous learning and evolution, and we are eager to roll up our sleeves and collaborate closely with local experts, communities and nature enthusiasts to create greater impact in the years to come. Caring for the Planet
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