p.133 1 2 3 4 5 6 7 8 9 SUSTAINABILITY STATEMENT MINIMISING ENVIRONMENT IMPACT List of initiatives to build Environmental, Climate Change and Energy Awareness Given the pace at which environmental regulations are evolving, it is critical that we remain abreast of the latest sustainability-related developments and seize opportunities to better serve the market. With that, services aligned with green initiatives are consistently offered across our businesses as drivers of value creation. In this respect, as an Energy Service Company (“ESCO”), we provide Energy Efficiency and Renewal Energy Solutions with Zero Upfront Capex financing via EPC and Power Purchase Agreements (“PPA”). These services are primarily focused on introducing and promoting the application of energy efficiency and renewable energy in order to create a low-carbon ecosystem for the occupants of UEM managed buildings, asset, and infrastructure. We also engage in sustainability matters through networks that we belong to. During the year under review, we deepened our relationships with sustainability circles such as the CAN and Climate Governance Malaysia by engaging with subject matter experts in these communities and planning various capacity and knowledge sharing sessions on climate related topics such as carbon tax and sustainability assurance for the benefit of our staff and their members. ENERGY EFFICIENCY AND GREEN BUILDING SOLUTIONS In FY2022, we continued to provide various services as part of our offerings that kept the climate at its forefront, such as our EPC works, GBI initiatives and LEED certification solutions. Our energy conservation solutions continue to pave the way for our customers to obtain their Green Building Index (“GBI”) certifications through our Green Performance Contracting (“GPC”) programme. We provide these services not only for our clients but also embed such services in our own practices. We are committed to managing our energy efficiently, recognising the pivotal role that energy management plays in reducing our emissions consumption as well as the greater benefits that sustainability and renewable energy may bring in securing our future. This is similarly echoed in the partnerships which we have built with our customers, whereby we provide support on their journey of enhancing energy efficiency, especially by reducing footprint from electricity consumption in the healthcare, industrial, commercial and retail sectors. Sustainability Methodology Training on Scope 1, 2 and 3 emissions attended by core business and support departments ESG Handbook for UEMS (Singapore and Taiwan) employees ESG Awareness within business units in Malaysia and Singapore ESG Awareness HSSE - Carbon emissions boardgame sessions Introduced Electrical Vehicle Premium (EV Premium) cards as the greener alternative to the current Petrol card benefit that is enjoyed by our employees ESG Awareness Month in August 2022 Initiated a campaign across the organisation using KLEAN machine Board Engagement and capacitybuilding exercises on ESG awareness ‘Path to Net Zero’ Webinar ESG e-module: Introduction to ESG: What Does ESG Mean To Me As An Employee 1 2 3 5 6 7 8 10 9 4 ADDRESSING CLIMATE CHANGE AND EXPLORING ENERGY EFFICIENCY As an organisation that is involved in various business segments, we are deeply conscious that climate change threatens the balance of our business ecosystem and the environment as a whole, and therefore may result in supply chain disruptions, increased regulatory or compliance requirements and other significant outcomes and risks. At the same time, the evolving challenges brought about by climate change provide fertile ground for the Group to capitalise on emerging opportunities by demonstrating thought leadership and developing innovative ways to adapt to the changing climate. With that, our business strategies are geared towards limiting our climate footprint and minimising negative impacts on the environment, not only for our operations but also in assisting our clients to achieve the same for their business assets. Towards this goal, comprehensive policies have been established by the Group to reflect our commitment to addressing climate change impacts, while we uphold our business partners and the procurement activities we engage in, to the same standards. In view of the 12th Malaysia Plan to achieve carbon neutrality by 2050, minimising our carbon footprint and reducing the adverse impact of our operations have on the environment is imperative. To further align our key strategic initiatives to our net zero or carbon neutrality goals, we have a dedicated BGRC that oversees enterprise risks including sustainability risks and various of their components such as climate change for the Group as a whole. Further information on how our governance structure is tailored to address sustainability issues can be found in the Sustainabilty Governance section. Our stakeholders are increasingly focusing their attention on climate-related matters and keenly observe how we respond to climate risks. Furthermore, our workforce - which comprises a significant number of employees from younger generations - want us to conduct our business and run our processes in ways that do not harm the environment. To this end, the ISO 14001:2018 - Environmental Management System and ISO 9001:2015 - Quality Management System certifications help ensure that a standardised process is applied across the Group in identifying and addressing environmental risks. The effectiveness of our integrated management systems is continually assessed by accreditation bodies and official authorities. During the year, a two-year Sustainability Roadmap was announced in conjunction with our ESG Awareness Month in August 2022, reflecting our dedication to environmental protection and sustainability aspirations. The Roadmap which is currently being rolled out progressively, saw us run the following initiatives to instill ESG awareness among our staff. p.132 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 MINIMISING ENVIRONMENT IMPACT Climate Change and Energy
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