RENEUCO BERHAD (Formerly known as KPower Berhad)

Climate Impact & Sustainability Data (2023, July 2021 to June 2022)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:4,409.45 tCO2e (Scope 1 & 2)

Scope 1 Emissions:4,272.31 tCO2e

Scope 2 Emissions:137.14 tCO2e

Scope 3 Emissions:142.5 MTCO2e

Water Consumption:3,895.0 m3

Waste Generated:134,311.2 tons

ESG Focus Areas

Sustainability
Renewable Energy
Environmental Compliance
Green Technology
ESG Integration
Climate Action
Sustainable Development
Human Rights
Business Ethics
Corporate Governance

Environmental Achievements

Total waste generated decreased to 134,311.2 kg
Scope 1 emissions (Diesel consumption) decreased from 4,800.06 tCO2e to 4,272.31 tCO2e
Scope 2 emissions (electricity consumption) decreased from 205.22 tCO2e to 137.14 tCO2e
Embarked on Scope 3 emissions calculation (142.5 MTCO2e)

Social Achievements

Zero reported incidents of discrimination amongst employees
Organised sexual harassment training
Provided 413.3 hours of training to employees (average 1.35 hours per employee)
Zero fatalities recorded
Invested approximately RM1.2 million in CSR efforts

Governance Achievements

Established Sustainability Committee
Adopted Remuneration Policy and Procedures for Directors and Senior Management
Adopted External Auditors Policy
Established Whistleblowing Policy
Strengthened corporate governance on sustainability leadership

Climate Goals & Targets

Long-term Goals:

Net-zero emissions by 2050 (aligned with Malaysia's national target)

Medium-term Goals:

Expand asset ownership portfolio
Achieve a 30% women representation in the Board and Management level

Short-term Goals:

Increase renewable energy to help meet expanding demand (aligned with Malaysia's target of 31% renewable energy capacity by 2025)

Environmental Challenges

Challenging business environment due to persistently elevated inflation, slower momentum in major economies, escalation of geopolitical tensions, and a slowdown in recovery in China
Slower progress work in construction related activities
Impairment of trade receivables and contract assets
Data-gathering limitations for certain indicators

Mitigation Strategies

Disciplined approach to capital management to enhance long-term financial stability
Implementing better database management and gathering mechanisms for improved reporting
Forging partnerships with state agencies and technology partners to advance in the sustainable space
Integrating renewable energy segment across all business segments
Shifting logistic fleet towards electric vehicles

Supply Chain Management

Supplier Audits: Vendor performance assessment; 97% of suppliers are local

Responsible Procurement

Procurement Policy and Procedure

Climate-Related Risks & Opportunities

Opportunities

Growing demand for environmental compliance
Opportunities in sustainable building practices
Opportunities in the energy and utilities sector

Reporting Standards

Frameworks Used: Bursa Malaysia Sustainability Reporting Guide (3rd Edition), GRI Standards 2021, FTSE4Good ESG Indicators, TCFD Framework

Certifications: ISO 14001:2015 (Reneuco Engineering Sdn. Bhd.), ISO 45001:2018 (Reneuco Engineering Sdn. Bhd.), ISO 13485:2016 (Granulab)

Sustainable Products & Innovation

GranuMas
Prosteomax

Awards & Recognition

Malaysia Occupational Safety and Health 41st Award in 2023
Green Growth Supporter’ Award from IMT-GT & BIMP-EAGA Green City Action Plan

Reporting Period: July 2021 to June 2022

Environmental Metrics

Total Carbon Emissions:4802.31 tCO2e (Scope 1 & 2)

Scope 1 Emissions:4802.31 tCO2e

Scope 2 Emissions:205.22 tCO2e

Total Energy Consumption:301,482 kWh

Water Consumption:8,565.0 m3

Waste Generated:158,297.4 kg