Yinson Annual Report 2019

Electricity consumption Electricity consumption reduction initiatives include managing and reducing excessive electricity consumption in our office from office lighting, equipment and air conditioning. As part of an HSE initiative to prevent energy wastage, every power supply and switch at Yinson’s Kuala Lumpur office is accompanied by a “Save Energy” notice. In 2018, the total consumption of electricity at our Kuala Lumpur office was 242,840kWh. Case study - ‘paperless meetings’ Reduction in emissions No need to arrange transportation of documents Efficiency improvement Reduction in administrative tasks such as photocopying and compilation of meeting packs Expedite process flow Documents can be accessed 24/7 Great paper savings No need to print multiple hardcopy sets for each person documents. This initiative also improves productivity by saving time in the preparation and compilation of meeting materials, decreasing turnaround times, expediting the process flow of meetings and increasing document accessibility, as documents can be accessed around the clock. Based on scheduled meetings for FYE 2019 and projections of meetings’ paper consumption, we estimate that this initiative will reduce the consumption of paper by 56,000 sheets every year. This is equivalent to 280kg of paper. Office waste management Our office waste awareness programmes seek to encourage waste segregation while reducing the generation of office waste. Key achievements: • At our Singapore office we successfully reduced the use of disposable plastic coffee stirrers in 2018. We had set a target in 2017 to reduce the consumption by 50%, but managed to exceed this, achieving a reduction of 93%. • In 2018, the improved segregation of waste was a significant focus in our Oslo office, with emphasis placed on improving employee awareness on the need to separate paper and plastic materials. We also added electronic recyclables to our office waste segregation efforts. In December 2018, Yinson’s Group Corporate Secretary Department began their implementation of “Paperless Meetings” using the Convene System and electronic signatures via DocuSign. Together, the systems provide a central platform for scheduling meetings, document distribution and voting, while also offering online presentation tools to facilitate collaboration at meetings. As our business operates from a few key offices in different countries, this paper-saving initiative minimises the need for hardcopy documents to be sent and collected from our offices outside and within Malaysia, thereby reducing the emissions associated with couriering important 65 Yinson Group Overview Strategy and Sustainability Governance Accountability Annual General Meeting