reNIKOLA GROUP

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

Renewable Energy
Climate Change
Sustainable Development Goals (SDGs)
Gender Equality
Economic Growth
Resource Efficiency
Waste Reduction

Environmental Achievements

Issued Green Sukuk to finance large-scale solar power projects
Broadening investments into other renewable energy sources to achieve a 1-Gigawatt goal

Social Achievements

Creation of employment through green projects
Development of social projects
Providing equal employment opportunities and a working condition free from unlawful harassment or discrimination

Governance Achievements

Established a Green Financing Framework aligned with international guidelines and standards
Appointed RAM Sustainability Sdn Bhd to provide a Second Party Opinion
Will provide annual Green Financing Allocation Report

Climate Goals & Targets

Long-term Goals:

Achieve 1-Gigawatt renewable energy generation goal

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Green Bond Principles (ICMA), ASEAN Green Bond Standards (ACMF), Sustainable and Responsible Investment (SRI) Sukuk Framework (SC Malaysia), ASEAN Taxonomy for Sustainable Finance, Principles-Based Sustainable and Responsible Investment Taxonomy (SC Malaysia), Green Loan Principles (LMA, LSTA, APLMA)

Certifications: Climate Bonds Initiative (CBI) (planned)

Third-party Assurance: RAM Sustainability Sdn Bhd (Second Party Opinion), Independent external auditor (Allocation Report)

UN Sustainable Development Goals

reNIKOLA seeks to contribute to the global agenda in line with the UN Sustainable Development Goals