Integrated Annual Report 2023 2 3 4 5 6 7 8 9 1 99 With an interim target of 26% reduction by 2030 SUSTAINABILITY AT UEM EDGENTA LEADERSHIP COMMITMENTS TO SUSTAINABILITY In 2023, UEM Edgenta continued to address its material matters driven by our commitment to do business responsibly. During the year, we undertook several strategic initiatives as part of enhancing our sustainability commitments. Firstly, we enhanced our Sustainability Policy for better alignment with Bursa Malaysia’s Sustainability Disclosure guidelines, FTSE4Good and industry best practices. Through this enhancement, we expressed a greater commitment to adhere to evolving sustainability standards and practices across the Economic, Environment, Social and Governance ("EESG") spectrum and drive positive impact in our operations, value chain and services we offer. In addition to promoting further transparency on sustainability performance, we continuously strive to enhance the quality of data disclosed in our sustainability statement. This has been achieved through aligning our disclosures with regulatory requirements and best practices, in compliance with Bursa Malaysia’s sustainability reporting guidelines. For 2023, our sustainability statement includes a limited assurance statement based on a limited assurance exercise conducted by our internal audit team. Through our Sustainability Roadmap, we have laid a solid foundation for an effective sustainability governance framework that prioritises ethics and transparency. The Board at UEM Edgenta plays a crucial role in setting the tone and overseeing the sustainability strategy of the Group. The Board Governance and Risk Committee ("BGRC") recommends and monitors sustainability programmes, while together with the Nomination and Remuneration Committee ("NRC"), it reviews performance against agreed KPIs. In this regard, the Board also oversees the monitoring of ESG targets and performance through the Company’s corporate scorecard, which embeds relevant ESG metrics. Reflecting on the past year, I am proud to share the strides UEM Edgenta has taken in advancing our sustainability agenda. Our journey towards sustainability is driven by the necessity to prioritise stakeholder expectations through our two-year Sustainability Roadmap (FY2022 – FY2024), which provides an overarching steer, outlining strategic initiatives and milestones, and shaping the trajectory of UEM Edgenta’s sustainability journey. DEAR STAKEHOLDERS Net Zero Targets in 2023 Achieved significant milestones in enhancing our ESG governance structure – enhanced Sustainability Policy to better align to industry standards Green Materials Energy Efficiency Green Transport Green Building Clean and Renewable Energy Carbon Removal and Offsetting DRIVEN BY SIX KEY LEVERS
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