MATERIALITY MATTERS (cont’d) ELECTRICITY CONSUMPTION Energy data is measured based on the Group’s electricity consumed from the grid. Electricity consumption remains the primary energy source consumed by the Group and hence, the most material in terms of cost and environmental impact. At present, the largest consumers of energy within the Group are its data centres. MYEG has in place various energy-efficient features at on-premises data centres within its servers and cooling systems that aim to reduce overall energy consumption. The Group is committed to reducing electricity consumption as this is the primary source of energy consumed by the Group. A wide range of measures are being introduced toward driving energy efficiency across the value chain. This includes introducing energy-saving measures/practices among staff, replacing lighting with LED-based variants, and more. In developing a comprehensive approach to managing energy consumption, MYEG is studying the feasibility of adopting an energy management system or energy efficiency standards suitable for its industry and business model. Other methods such as green technology initiatives, corrective maintenance work and thorough monitoring will be taking place to improve electricity consumption for the Group moving forward. The Group has also made use of natural lighting and other energy-efficient methods to help avoid excess carbon being produced. Indirect Energy Consumption (Electricity) (kWh) 2,500,000.00 2,000,000.00 1,500,000.00 1,000,000.00 500,000.00 0.00 3,000,000.00 FY2021 2,335,472.46 FY2020 2,088,973.12 FY2022 2,797,885.00 In FY2022, MYEG’s total electricity consumption was recorded at 2.8 million kWh. Our full Statement of Commitment to Addressing Climate Change Risks and Impacts has further details on MYEG’s electricity consumption impacts and related initiatives, which can be read under the “Sustainability” subsection at https://www.myeg.com.my/investor-relations/governance. RENEWABLE ENERGY MYEG understands the potential renewable energy possesses in contributing towards the fight against climate change. By using renewable energy, it reduces the need for fossil fuels to be burned and released into the atmosphere, which reduces climate related impacts. Th Group is exploring the possibility of using solar panels to develop renewable energy. The electricity generated from this source can be used to power the Group’s computers and to generate light in its offices. Other methods that could be considered going forward, if feasible, include the use of e-vehicles as substitutes for conventional motorcycles. In developing a comprehensive approach to manage energy consumption, MYEG is studying the feasibility of adopting an energy management system or energy efficiency standards suitable for its industry and business model. MYEG’s approach to potentially adopting renewable energy in the future will be consistent to further reduce our overall carbon emissions and embed sustainability throughout the organisation. Please refer to our full Statement of Commitment to Addressing Climate Change Risks and Impacts for more details, which can be read under the “Sustainability” subsection at https://www.myeg.com.my/investor-relations/governance. 92
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