Climate Change Data

EDEN INC. BERHAD

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Resource Utilization
  • Operational Efficiency
  • Biodiversity and Conservation
  • Business Continuity Plan
  • Risk Management System
  • Research & Development
  • Workplace Conditions – Safety & Health
  • Training and Development
  • Ethical Business
  • Diversity and Inclusivity
  • Succession Planning
  • Data Protection and Information Security
  • Corporate Social Responsibility

Environmental Achievements

  • Upgraded control systems at Musteq Hydro Sdn Bhd to improve renewable energy source utilization.
  • Major overhaul of a diesel plant engine at Libaran Plant, resulting in decreased fuel consumption and reduced CO2 emissions.
  • Successful penguin breeding program at Underwater World Langkawi Sdn Bhd, exceeding 112 penguins hatched.

Social Achievements

  • Decrease of 0.9% in employee turnover compared to the previous year.
  • Implementation of various employee engagement activities (sports tournaments, training sessions, appreciation days, etc.)
  • Active participation in community events and initiatives (e.g., Iftar dinner for Asnaf children, contributions to needy families).

Governance Achievements

  • Establishment of a Sustainability Committee Working Group to oversee sustainability reporting.
  • Implementation of a Whistleblowing policy.
  • Adoption of an Anti-Bribery and Corruption policy.
  • Annual evaluation of the Board and individual Directors by the Nomination and Remuneration Committee.

Climate Goals & Targets

Long-term Goals:
  • Achieve 70% renewable energy capacity by 2050 (aligned with NETR).
Medium-term Goals:
  • Expansion within the renewable energy space.
  • Continuous upgrading works of the Sungai Kenerong Plant to secure concession extension.

Environmental Challenges

  • Increased forced outage at Sungai Kenerong Plant due to Tenaga Nasional Berhad’s distribution system.
  • Increased repair and maintenance costs at Libaran Plant due to the weakening Ringgit and rising spare parts costs.
  • Inflationary pressures, weakening Ringgit, and volatile crude oil prices impacting the F&B and Tourism segment.
  • Workforce challenges in the post-pandemic period.
Mitigation Strategies
  • Implementation of a “Zero Outage” plan at Sungai Kenerong Plant.
  • Continuous upgrading works at Sungai Kenerong Plant to improve reliability.
  • Exploring opportunities to increase contracted capacity in the renewable energy segment.
  • Strategic partnerships to increase contribution of the F&B segment.
  • Potential redevelopment of the aquarium facility at Underwater World Langkawi to attract more visitors.
  • Strengthening ‘pull’ factor in talent retention by providing competitive incentives and a conducive working environment.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Securi�es Berhad Main Market Lis�ng Requirements, Sustainability Repor�ng Guide and Toolkits issued by Bursa Malaysia Securi�es Berhad