2023 UEM Edgenta Annual Report

Section 6 UEM Edgenta Berhad ENHANCING VALUE THROUGH SUSTAINABILITY 130 MINIMISING ENVIRONMENTAL IMPACT WHAT IS OUR APPROACH? We understand the urgent need to address climate change and its impact on our planet. Our approach begins with a thorough inventory of our greenhouse gas emissions. By cataloging our emissions, we gain insight into our environmental footprint and can pinpoint areas for improvement. In 2023, we introduced UEM Edgenta’s groupwide Net Zero Targets and our pledge to achieve Net Zero greenhouse gas (“GHG”) emissions by 2050. Additionally, we set an interim reduction target of 26% by 2030 for Scope 1 and Scope 2 emissions, as part of our journey towards achieving Net Zero by 2050. These commitments align with the International Energy Agency’s (“IEA”) Net Zero Emissions by 2050 Global Pathway (published in 2022). CLIMATE CHANGE AND ENERGY WHY IT MATTERS? Tackling climate change is crucial for reducing significant risks, including those posed by natural disasters and extreme weather events, which can greatly affect our operations and the health and safety of our employees. Furthermore, extreme climate conditions have the potential to disrupt our supply chain. Our climate targets are set against the company’s 2022 groupwide global baseline GHG carbon footprint of 17,577 tonnes of CO2-equivalent (tCO2e), comprising 10,356 tCO2e of Scope 1 emissions and 7,221 tCO2e of Scope 2 emissions. The exercise to establish our emissions inventory provided many learnings to the company – including data verification for completeness as well as the accuracy of calculating emission figures based on global standards – all of which provided further understanding of the nature of our emissions footprint and the correlation of our business activities to GHG emissions. UEM EDGENTA’S NET ZERO (SCOPE 1 & SCOPE 2) DECARBONISATION PATHWAY 2022 17,577 tCO2 e

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