77 INTEGRATED ANNUAL REPORT 2024 Overview of Wasco Berhad Key Messages Value Creation Commitment to Governance Sustainability Journey Financial Statements Other Information SUSTAINABILITY REPORT Metrics and Targets Metrics and targets are how an organisation measures and monitors its climate-related risks and opportunities. Organisations disclose metrics and targets to enable stakeholders to better assess an organisation’s potential riskadjusted returns, ability to meet financial obligations, general exposure to climate-related issues, and progress in managing or adapting to those issues. These metrics, along with regular reporting, enable Wasco to effectively assess and manage climate-related risks and opportunities, ensuring alignment with its sustainability goals and long-term strategic objectives. Wasco is committed to progressively minimising our operational emissions to align with the global goal of limiting temperature rise to 1.5°C. To support this commitment, we have established climate-related metrics to effectively measure and monitor key parameters, guiding our collective action plan in addressing climate-related challenges. Scope 1, 2, and 3 Greenhouse Gas Emissions Wasco is dedicated to maintaining transparency and accountability in its climate performance. As part of this commitment, Wasco regularly discloses its Scope 1, 2, and 3 emissions to ensure clear and comprehensive reporting on its environmental impact. All emissions have been calculated using the methodologies outlined in the Greenhouse Gas (“GHG”) Protocol. The emission factors are derived from the Intergovernmental Panel on Climate Change’s (“IPCC”) Sixth Assessment Report (“AR6”) and with consultation with Malaysian Green Technology and Climate Change Centre (“MGTC”) for Scope 1 and 2 emissions. For Scope 3 emissions, calculations are based on data from the United Kingdom’s Department for Environment, Food & Rural Affairs (“DEFRA”) 2023. This updated methodology allows for a more detailed and comprehensive breakdown of GHG emissions. Scope 2 (Indirect Emissions) Purchased electricity consumed by operational activities Scope 3 (Other Indirect Emissions) Employee commuting and business travel Scope 1 (Direct Emissions) Fossil fuel consumption by company vehicles and company facilities Sources of Wasco’s emissions for FY2024:
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