Climate Change Data

UEM Edgenta Berhad

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:17,577 tCO2e (2022 baseline)
Scope 1 Emissions:10,356 tCO2e (2022)
Scope 2 Emissions:7,221 tCO2e (2022)
Water Consumption:508,737 m3 (2023)
Waste Generated:1,498.97 metric tonnes (2023)

ESG Focus Areas

  • Climate Change and Energy
  • Environmental Management
  • Supply Chain
  • Human Rights

Environmental Achievements

  • Launched Net Zero Targets for Scope 1 and 2 emissions with an interim target to reduce operational emissions by 26% by 2030 and achieve Net Zero Emissions by 2050.
  • Completed construction of Recycled Asphalt Pavement (RAP) Premix plant.
  • Recorded a 4.04% reduction in Scope 1 and 2 emissions from the 2022 baseline.
  • Conserved 10,582m3 of water in 2023.

Social Achievements

  • Published Diversity, Equity and Inclusion (DEI) Statement.
  • Launched Individual Development Plan (IDP) for employees.
  • Allocated RM30,000 to support animal welfare and conservation efforts.
  • Contributed 1,800 volunteering hours to community programmes, benefitting 8,805 community members.

Governance Achievements

  • Obtained ISO 37001 Anti-Bribery Management Systems (ABMS) certification.
  • Enhanced Sustainability Policy to align with Bursa Malaysia’s Sustainability Disclosure guidelines and FTSE4Good.
  • Developed a TCFD roadmap for reporting.

Climate Goals & Targets

Long-term Goals:
  • Achieve Net Zero emissions by 2050.
Short-term Goals:
  • Reduce Scope 1 and Scope 2 emissions by 26% by 2030.

Environmental Challenges

  • Rising costs due to inflation and minimum wage increases.
  • Intense competition in the FM market.
  • Manpower scarcity and high staff attrition.
  • Client budgetary constraints.
  • Supply chain disruptions.
  • Cybersecurity risks.
Mitigation Strategies
  • Cost optimisation initiatives (RM81.8 million in savings since 2021).
  • Technology-based solutions (Asseto platform).
  • Market diversification and expansion.
  • Strategic partnerships.
  • Enhanced HSSE programs.
  • Business Continuity Plans.
  • Robust cybersecurity measures.

Supply Chain Management

Supplier Audits: 93 vendors audited (Infrastructure business)

Responsible Procurement
  • Strategic Vendor Management (SVM) Framework
  • Vendor Development Programme (VDP)
  • Supplier Financing Programme (SFP)
  • ESG awareness sessions for suppliers
  • Green material sourcing

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services
  • Growth in sustainability solutions market

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs, Bursa Malaysia’s Sustainability Reporting Guide, FTSE4Good

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 37001

Third-party Assurance: Limited assurance by internal audit team

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 13 (Climate Action)
  • Goal 3 (Good Health and Well-being)
  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)

Various initiatives contribute to these goals as detailed in the report.

Sustainable Products & Innovation

  • Recycled asphalt pavement (RAP)
  • Asseto platform

Awards & Recognition

  • The Star ESG Positive Impact Awards (Gold for Energy Efficiency, Silver for Renewable Energy, Talent Management, and Good Health and Wellbeing)
  • Company of the Year (Sustainability and CSR Malaysia Awards 2023)
  • World Sustainability Icon Leadership Lifetime Achievement Award
  • Outstanding World ESG Impact Award