Yinson Annual Report 2021

67 ANNUAL REPORT 2021 EXTERNAL ENVIRONMENT GREEN TECHNOLOGIES MARKET (CONT'D.) OVERVIEW RISKS OPPORTUNITIES YINSON’S STRATEGIC RESPONSE IMPACT t 5IF HMPCBM HSFFO technology and sustainability market is expected to grow from USD11.2 billion in 2020 to USD36.6 billion by 2025, at a compound annual growth rate of 26.6%. t (SPXUI BDDFMFSBUFE in 2020/ 21, in response to significant government-led investments in the mobility, infrastructure and alternative energy industries following the economic downturn. t %FDBSCPOJTJOH UIF transport segment is a priority. t $PSQPSBUJPOT UIBU do not adapt their business models to align with green consumer choices risk the longer-term viability of their businesses. t 5IF FDPOPNJD environment is poised for breakthrough technologies in existing business models. INFORMATION TECHNOLOGY OVERVIEW RISKS OPPORTUNITIES YINSON’S STRATEGIC RESPONSE IMPACT t 5IF $PWJE pandemic caused unprecedented demand for adaptive information technology (“IT”) services and resources requirements to facilitate the needs of workforces operating remotely. t $PNQBOJFT NBZ struggle to adapt to or afford the technological resources that support remote working, thus experiencing loss in productivity and failure of business continuity. t $PNQBOJFT UIBU have invested in digitalisation and technology are able to thrive and move ahead more easily in this ‘new norm’ compared to their peers. t 1SF QBOEFNJD Yinson had already transitioned to a cloud- based collaborative platform and implemented video communication tools in alignment with the Group’s direction to enable employees to work from home. This enabled a smooth rollout of our business continuity plans when movement restrictions were enforced. Stakeholder groups Materiality Capitals S2 S4 S3 S6 M7 M17 C3 C5