Reporting Scope and Boundary The content of this report, covering the period 1 January 2022 to 31 December 2022 (“FY2022”), is scoped to the Group’s operations in Malaysia and other jurisdictions, namely Singapore, Indonesia, Taiwan and the UAE and the KSA. Further consideration will be placed on expanding our reporting to include performance data from more locations wihtin these jurisidictions in the future. Reporting Framework This report has been prepared with reference to the Global Reporting Initiative Standards, with its content guided by the 3rd Edition of the Sustainability Reporting Guide issued by Bursa Malaysia Securities Berhad. The following five UN SDGs remain relevant in this report and have material impact on our business and stakeholders. ABOUT THIS REPORT This sustainability report represents the strong commitment of UEM Edgenta to disclose its plans, progress and performance consistently throughout its sustainability journey. To this end, the publishing of this sixth (6th) year report is aimed towards providing an in-depth account of the Group’s collective focus and efforts at creating and sustaining its ESG values and achievements. p.111 1 2 3 4 5 6 7 8 9 SUSTAINABILITY STATEMENT p.110 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 SUSTAINABILITY AT UEM EDGENTA SUSTAINABILITY AT UEM EDGENTA SUSTAINABILITY GOVERNANCE We are cognisant of the fact that in order to run a sustainable business, we must be rigorous with our sustainability governance framework and structure as this shapes our sustainability direction and drives the effectiveness of our sustainability initiatives. Our governance framework reflects our intention to integrate sustainability as part of our business, aligning with the call for greater accountability in managing our sustainability performance, forming an essential aspect of stakeholder accountability. Governance Structure Our robust and comprehensive governance structure is guided from the top, with the Board setting the tone and maintaining oversight of the overall sustainability strategy and ambitions of the Group. With this leadership role, the Board is responsible for monitoring all sustainability-related matters on a constant basis, and assessing and deliberating on sustainability strategies across the cycle of conception, implementation, development and completion through its quarterly meetings. Along with the key guidance that the Board provides, the Board discharges its responsibilities directly and through its committees, i.e. the Board Governance and Risk Committee (“BGRC”), which oversees the approval and implementation of sustainability programmes and monitors sustainability performance and risk management (which include environmental risks) and the Nomination and Remuneration Committee (“NRC”), which reviews Board and senior management performance against agreed KPIs. In January 2023, the BGRC affirmed the Group’s commitment to align its sustainability disclosures with the recommendations made by the Financial Stability Board’s Task Force on Climate-Related Financial Disclosure (“TCFD”) by FY2025. This pledge is in line with Bursa Malaysia’s Enhanced Sustainability Reporting Framework issued on 26 September 2022. In FY2023, the Group will prepare a TCFD work plan to meet this commitment. Assurance We have not sought external assurance for this report. However, we are embarking on obtaining internal assurance for our upcoming report in FY2023. As our reporting matures, we will be embarking on obtaining external assurance to comply with Bursa’s Malaysia’s guidelines that require public listed companies to seek assurance on Sustainability Reporting. Coordinates with Board of Directors Nomination and Remuneration Committee (“NRC”) Risk Management Committee (“RMC”) Board Governance and Risk Committee (“BGRC”) ESG Steering Committee (led by MD/CEO) ESG Working Team Business Divisions/ Corporate Support
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