12 Goal 6: Clean Water & Sanitation Goal 12: Responsible Consumption & Production BIODIVERSITY Related UNSDGs Why This Is Important The Group is aware of the negative impact of our business operations on biodiversity. Our property development activities involve land clearing, which disrupts ecosystems and leads to the reduction of local flora and fauna species. Goal 13: Climate Action Our Approach We are committed to achieving a net positive biodiversity impact as part of our long-term strategy. However, no timeline has been established yet, as we are still assessing credible pathways and their feasibility. An overview of our policy and key initiatives during the reporting year are as follows: Policy Key Initiatives Comply with all relevant environmental legislation and obligations imposed by the governments or regulators • We communicate compliance with key laws and regulations to our employees and contractors • We assess their performance in terms of compliance with relevant legislation Integrate biodiversity considerations in internal strategic and decision-making processes We conduct biodiversity risk assessment where our sites are assessed as critical and non-critical sites Apply the principle of mitigation hierarchy (avoid, minimise, restore and compensate as a last resort) in negative impacts for all phases of our businesses/ projects Goal 15: Life On Land 144 ANNUAL REPORT 2024
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