WASCO BERHAD 16 Sustainability as a Strategic Driver Our position in the energy transition strengthened significantly through the launch of ASEAN’s first Sustainable & Transition Finance Framework (“STFF”) and securing a USD25.0 million sustainability-linked loan. These achievements align with our commitment to responsible financing and sustainable business growth. Our approach remains grounded in globally recognised principles—underscoring our alignment with all 17 United Nations Sustainable Development Goals (“UNSDGs”) and our commitment to ethical governance. In December, we voluntarily joined the United Nations Global Compact Network Malaysia & Brunei (“UNGCMYB”), and have since begun CHAIRMAN AND MANAGING DIRECTOR/ GROUP CHIEF EXECUTIVE OFFICER’S STATEMENT embedding the Ten Principles into our operations. This strategic step reinforces our governance framework and reflects our focus on long-term, sustainable value creation for our shareholders. Our ESG performance continued to gain recognition. We maintained our inclusion in the FTSE4Good Bursa Malaysia and FTSE4Good Bursa Malaysia Syariah indices, affirming our progress in transparency and sustainability standards. At The Edge ESG Awards 2024, we were honoured with two silver accolades —for Best Performer in the Energy Sector and Most Improved ESG Performance Over the Past Three Years (RM800 Million - RM5 Billion Market Capitalisation Category). Our inclusion in the 2024 Fortune 500 Southeast Asia list further validated our strategic focus and growing investor confidence globally. Volunteers including MD/GCEO joining Wasco Forest’s tree-planting programme.
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