2023 UEM Edgenta Annual Report

Section 6 UEM Edgenta Berhad ENHANCING VALUE THROUGH SUSTAINABILITY 108 SUSTAINABILITY ROADMAP Our two-year roadmap, spanning from FY2022 to FY2024, serves as a strategic blueprint for integrating sustainability into the fabric of our organisation. Developed through a comprehensive and holistic approach, this roadmap was informed by insights gathered from stakeholders through various workshops, and it takes into account material matters significant to both our business operations and stakeholders. The roadmap is structured around six sustainability pillars: Approach, Materiality, Performance Measurement, Governance and Culture, Initiatives and Action, and Reporting and Communication, guiding our journey towards a more sustainable future. Progress in 2023 SUSTAINABILITY AT UEM EDGENTA We launched our sustainability journey: • Approach: Initiated a strategic 2-Year Sustainability Roadmap to guide our efforts. • Materiality: Conducted a detailed materiality assessment to identify key sustainability issues. • Performance Measurement: Developed Scope 1 and Scope 2 Emissions Inventory and embedded ESG into corporate scorecard. • Governance and Culture: Strengthened our ESG governance with an enhanced Terms of Reference. Launched ESG Awareness Month and self-paced ESG training. • Initiatives and Action: Prioritised material matters, set up focus groups and identified champions to drive action. Execute survey suppliers for ESG suppliers profiling. • Reporting and Communication: Enhanced Sustainability Statement reporting according to Bursa Guidelines, GRI and FTSE4Good. Strengthening Our Fundamentals We intensified our sustainability efforts across all of our roadmap’s sustainability pillars: • Approach: Enhanced and communicated Sustainability Policy to align internal and external stakeholders with our goals. • Materiality: Conducted an annual review of the Material Matrix to incorporate external stakeholders view. • Performance Measurement: Developed Net Zero Targets and initiated selected categories for Scope 3 emission inventory, demonstrating our commitment to comprehensive sustainability tracking. Continued to embed ESG into corporate scorecard. • Governance and Culture: 2nd year of ESG Awareness month and ESG self-paced training, formalised ESG department. • Initiatives and Action: Segmentised supplier to prepare for scope 3 emission inventorisation. • Reporting and Communication: Digitised emission calculation and continued to report according to Bursa’s requirements. Developed a TCFD roadmap for reporting. Building Momentum Towards Integration • Approach: Develop ESG strategy for integration into corporate vision and mission. • Materiality: Continue to refine our approach to materiality, ensuring it informs our strategy and engagement. Preparing for double materiality. • Performance Measurement: Monitoring of sustainability policy and Net Zero Targets progress. Continue to embed ESG KPI into corporate scorecard. • Governance and Culture: Further embed sustainability into our corporate culture and governance practices. • Initiatives and Action: Advance our commitment to responsible supply chains and human rights. • Reporting and Communication: Enhance our reporting framework to better adhere to reporting requirements and demonstrate our sustainability achievements and ambitions comprehensively. Enhance our risk management framework to incorporate climate risk. 2022 2024 2023

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