Press Metal Annual Report 2024

Caring for the Planet Press Metal Aluminium Holdings Berhad SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 148 We understand the fundamental role of energy in sustaining our operations, given the inherently energy-intensive nature of aluminium production. The aluminium smelting process requires significant electricity consumption, making energy efficiency and the continuous pursuit of renewable energy transition critical to our sustainability strategy. We will continue to explore opportunities to integrate renewable energy solutions while enhancing operational efficiency through targeted energy conservation initiatives. These efforts align with our commitment to reducing operational GHG emissions and contributing to the broader global decarbonisation agenda. In line with Malaysia’s ambition to achieve net-zero GHG emissions by 2050, we will continue to be focused on implementing sustainable energy solutions that support long-term environmental and economic resilience. WHY IT MATTERS ? ENERGY MANAGEMENT GRI 3-3, GRI 302-1, GRI 302-3, GRI 302-4 Capitals SDGs M N I Robust Energy Management Oversight A governance framework has been established to oversee our Energy Management System (“EnMS”), ensuring a structured and effective approach to energy efficiency and sustainability. Within this ISO 50001:2018 certified framework, a dedicated Steering Committee, supported by the Energy Management Representative (“EnMR”) and cross-functional teams is responsible for the implementation and maintenance. This structure enables continuous monitoring of energy utilisation, identification of efficiency opportunities and regular performance reviews to drive continuous improvements in energy management. In addition, dedicated working groups are formed to oversee energy-saving initiatives, particularly in machinery operations. These groups hold regular meetings to assess technical modifications, evaluate potential energy-saving investments and develop improvement plans for areas with high energy consumption. Embedding Sustainable Energy Practices The Group’s Energy Management Policy (“EnMP”) promotes sustainable energy practices through the adoption of innovative technologies, increased use of renewable energy and prioritisation of energy-efficient products and services. This policy optimises performance improvements while fostering energy conservation awareness among employees. Further details of this policy are available on the corporate website at https://www.pressmetal.com/investor-relations/ corporate-governance.php. Enhancing Energy Efficiency Through ISO 50001:2018 Certification Our smelting operations (PMBtu and PMS) and extrusion facility (PMI) are accredited with ISO 50001:2018 certification, consistent with effective energy management. These certified manufacturing facilities underwent annual surveillance audits to maintain compliance and assess the effectiveness of energy management systems. Additionally, our PMS had enhanced EnMS practices by incorporating input from cross-departmental site inspections through the introduction of QR code system for ISO 50001:2018 feedback. Management reviews play a critical role in ensuring that the EnMS operates soundly and effectively. These reviews are periodically conducted, to set performance objectives, evaluate progress and implement targeted action plans aimed at elevating energy efficiency and savings. Risks and opportunities are systematically assessed, considering the potential impacts of the operations. Any progress or update will be communicated during the review to promote continuous improvement and sustained advancements in energy performance. OUR APPROACH M9

RkJQdWJsaXNoZXIy NDgzMzc=