Yinson Annual Report 2018

Our aspirational goal is to achieve zero harm to people and the environment. We continuously focus on minimising our environmental footprint and train our employees on efficient environmental management practices. We have in place environmental policies at all business units and offices to ensure the right focus relating to the specific business in accordance with ISO 14001, the international recognised standard for environmental management. As at 31 January 2018, Yinson Production has been ISO 14001 certified, while all other business units and offices follow the ISO 14001 requirements and practices, which remains to be certified. ISO 14001 is a suite of standards enabling us to meet increasingly high customer expectations of corporate responsibility, which include: • Reducing waste and energy consumption with better environmental management practices • Reducing the cost of our operations through improvements in our process efficiency • Environmental impact measurement • Demonstrating compliance as part of our business development efforts • Being better prepared for anticipated changes in the business landscape The certification has also guided us on the preparation for individual environmental focus plans for each office and FPSO, based on the list of environmental aspects of each location and are designed to mitigate and minimise the environmental footprints of the respective locations. Having an environmental management system in place at all locations makes compliance to local laws and regulations more efficient and transparent. In addition to our efforts on the operational side, we also recognise the need to inculcate environmental friendly practices at the corporate as well as individual level. Initiatives have been introduced and activities conducted to educate employees on CO 2 emissions, recycling, power consumption and the use of environmental friendly products among other things. PROTECTING THE ENVIRONMENT Corporate Overview Stewardship Governance Accountability 59 Yinson Holdings Berhad Annual Report 2018