Wasco Berhad Integrated Annual Report 2023

Chief Strategy Officer’s Statement Nurturing a Sustainable Future Dear Valued Stakeholders, In this pivotal era where sustainability is no longer an option but a necessity, Wasco stands as a beacon of visionary leadership and unwavering commitment. As Chief Strategy Officer, I am honored to share our journey in this Sustainability Report—a journey defined by ambition, action, and an unyielding dedication to our core principles, all fortified by robust governance. Guided by Our Principles At the heart of our sustainability journey lies a set of guiding principles that steer our actions: Economic Resilience: We believe that sustainability is synonymous with resilience. We pursue strategies that enhance long-term economic viability while mitigating risks. Environmental Responsibility: We recognise our duty as custodians of the environment, going beyond mere compliance to actively reduce our ecological impact and safeguard the planet for future generations. Social Equity: Sustainability extends beyond environmental concerns; it encompasses people too. We champion social equity, diversity, and inclusion within our workforce and the communities we serve. Governance: Integrity, transparency, and accountability form the bedrock of our governance framework. Ethical practices, rigorous risk management, and stakeholder engagement are central to our operations, fostering trust and collaboration. 9.0mm Average diameter of trees at Wasco Forest at present, indicating good growth rate 15% Women in Senior Leadership Team 22% Women Board of Directors 20% Group emission intensity reduction in FY2023 compared to FY2022 Top 25% by ESG Ratings amongst 237 PLCs in FBM EMAS that have been assessed by FTSE Russell. 4.0 FTSE Russell ESG Score 6,665 MWh Electricity save through renewable energy Year In Review/ Sustainability Highlights Ariesza Noor Sustainability Report 46 Integrated Annual Report 2023

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