Integrated Annual Report 2023 2 3 4 5 6 7 8 9 1 131 MINIMISING ENVIRONMENTAL IMPACT 2030 2050 Net Zero Targets 26% emission reduction (Scope 1 & 2) from 2022 baseline by 2030 To Achieve NET ZERO Targets by 2050 Carbon Budgeting In delivering our commitment towards our Net Zero Targets, we initiated a carbon budgeting exercise during the year, to allocate carbon share to all businesses for preparation of planned reduction programmes in the coming years. Once fully developed, these reduction targets will be introduced as one of the key performance indicators for the businesses which enables tracking and monitoring of the achievement of reduction targets that have been established. 2023 INITIATIVES Throughout the year, we embarked on several immediate initiatives to enhance our environmental sustainability efforts. At our Kamunting incinerator plant, we conducted an exercise to optimise heat generation, thereby reducing our reliance on natural gas. Additionally, we piloted the use of Green Energy Tariffs from TNB to offset emissions from our hard-to-abate sources. Furthering our commitment to sustainability, we initiated a pilot programme to lease electric vehicles for our fleet replacement. We also implemented better energy management techniques at our workplace and reduced idle time in our vehicles to minimise petrol and diesel consumption. These proactive measures align with our goal of reducing our carbon footprint and promoting eco-friendly practices across our operations.
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