160 YINSON HOLDINGS BERHAD OUR CAPITALS NATURAL CAPITAL Natural Capital consists of all renewable and non-renewable environmental resources and processes that provide goods or services that support the past, current or future prosperity of an organisation. ‘Climate Change & Greenhouse Gas Emissions’, ‘Environmental Stewardship’ and ‘Waste & Pollution Management’ are three of Yinson’s material topics, identified during our materiality assessment. ‘Climate Change & Greenhouse Gas Emissions’ was identified as one of Yinson’s most material topics, and where we have the highest potential to lead. ‘Waste & Pollution’ was identified as a topic that can add operational value to Yinson, whereas ‘Environmental Stewardship’ is a foundation topic for us. Our strategy for managing our Natural Capital focuses on improving awareness internally and across our value chain, implementing innovative solutions for lowering our environmental impact, improving our environmental monitoring and disclosure and establishing a leadership position in sustainability. Yinson is committed to ensure the accuracy and integrity of information and underlying operational processes, to improve the quality of our decision-making processes. We undertake internal and external environmental audits regularly to ensure environmental performance. HOW YINSON MANAGES OUR NATURAL CAPITAL INPUTS 2,541,697.7 MWh energy consumption. 10.9 ML water consumption. OUTPUTS & OUTCOMES 55,989,971.4 barrels of oil equivalents produced. 1,324,699.4 tonnes CO2e Group carbon emissions. 489.3 kg CO2e/MWh Group carbon emission intensity. 287,986 tonnes CO2e carbon emissions avoided. 23 kg CO2e/BOE carbon intensity per barrel of oil. 2,494.7 ML water discharged. 617 tonnes waste generated. MANAGEMENT STRATEGY Our strategy for managing our Natural Capital is intrinsically linked to how we manage: MN1 MN2 MN3 GOALS Improve environmental awareness across all Yinson offices and locations. Improve monitoring and disclosures of environment-related impacts. Effectively manage and reduce carbon emissions in line with our Climate Goals Roadmap. Establish leadership position in sustainability and climate action. Implement, maintain and continually improve through environmental audits for an effective environmental management system, aligning with ISO 14001. Responsible consumption of resources and reduction of waste generation both onshore and offshore. Enhance energy efficiency by optimising operational parameters. Proactive measures to prevent accidental discharges to land, air and water. Adhere to interested parties’ expectations, applicable regulatory and other related requirements.
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