Yinson Annual Report 2020

SOCIAL & RELATIONSHIPS HUMAN ORGANISATIONAL MANUFACTURED FINANCIAL NATURAL 122 Yinson Holdings Berhad SECTION 4 OUR CAPITALS FYE 2020 Carbon emissions management indicators for FPSO JAK and FPSO Adoon Carbon emissions management indicators 1 FPSO JAK FPSO Adoon Total Scope 1 Carbon Emissions – Direct, owned 310,579 tonnes 35,588 tonnes Total amount of flared gas under Yinson 24,098 tonnes 7,873 tonnes 1 Carbon emissions were calculated based on the UK Government GHG Conversion Factors for Company Reporting. FYE 2020 Carbon emissions management indicators for onshore offices Carbon emissions management indicators 2,3 Malaysia Singapore Ghana Nigeria Norway Total Scope 2 Carbon Emissions – Direct, not- owned (tonnes) 141.0 Not available 48.5 13.3 1.2 Total Scope 3 Carbon Emissions – Indirect, not- owned (Business travels, based on originating offices) (tonnes) 827.0 2,045.0 Not available 1.9 2,548.0 2 Scope 2 GHG emissions were obtained using latest available conversion factor estimates for all operational countries, for example, for Malaysia we used the latest 2017 grid emission combined margin factor of 0.585 tCO 2 e/MWh. 3 Scope 3 GHG emissions were obtained from our respective travel agencies. Carbon emissions Our Offshore Production Division is the highest contributor to the Group’s carbon emissions, being our primary revenue stream presently. The by-product of our energy consumption for hydrocarbon production is emitted into the environment and represents our most material impact towards the natural ecosystem. We aim to consolidate and strengthen our baseline for carbon emissions reporting. Having this in place will enable us to establish quantitative reduction targets, which in turn will enable us to eventually participate in global best practices in emissions reporting, such as the Carbon Disclosure Project. In FYE 2020 we formalised plans for a phasic approach towards better, more holistic monitoring of our carbon footprint. The plan, which includes the monitoring of greenhouse gases and other relevant carbon-equivalents, was guided by recommendations in the Kyoto Protocol. We plan to gradually roll out the plan in the coming years. 4