67 INTEGRATED ANNUAL REPORT 2024 Overview of Wasco Berhad Key Messages Value Creation Commitment to Governance Sustainability Journey Financial Statements Other Information SUSTAINABILITY REPORT The team works closely with clients, contractors, the community, industry, and the State and Federal Governments to establish procedures so employees can positively contribute to innovative and cost-effective environmental outcomes. Wasco’s Environmental Commitments Continually improve our awareness and management of environmental risks to avoid, reduce and control pollution from our operations. Promote the open exchange of environmental information with our customers, suppliers and surrounding communities to improve environmental awareness and obtain feedback on our environmental performance. Identify and comply with environmental legislation, regulations and license standards for all our operations and environmentally relevant activities. Promote waste minimisation, energy efficiency and GHG emissions within our day-today operations. The climate-related financial disclosures aim to describe how climate change scenarios may impact our operations, outlining our strategy to mitigate potential impacts and strengthen long-term resilience. The report outlines our climate-related financial disclosures in line with recommended practices, covering governance structures, strategy and risk management, resilience assessment, as well as metrics and targets. Governance There is a strong commitment from Wasco’s leadership towards advancing sustainability and climate resilience. To ensure effective oversight and response, climate-related roles and responsibilities have been clearly defined. Further to that, we are in the midst of establishing structured processes and controls, and have begun reporting on the progress of climate matters on a regular basis to ensure effective climate oversight across the organisation. Metrics & Targets Risk Management Strategy Governance Governance • Board • Board Sustainability Committee • Sustainability Steering Committee • Group Sustainability • Business Units Strategy • Identification of Climate Risks and Opportunities • Scenario Analysis • Strategic Risk and Planning Risk Management • Risk Management Process • Risk Assessment Metrics & Targets • Carbon Intensity Reduction • Total GHG monitoring • Financial Risk Indicators
RkJQdWJsaXNoZXIy NDgzMzc=