Sustainability Report

Targets for Managing Climate-Related Risks and Opportunities

Royal Selangor has set clear targets to address CO 2 emissions for Scope 1, as detailed in Table 10.5.3.

Managing climate commitment against target for Scope 1

Scope 1: Direct GHG Emissions Climate Commitment

Year 2024 - 2030 Climate commitment Reduction of 150 TCO 2 e

Year 2030 - 2040 Climate commitment Reduction of 250 TCO 2 e

Initiatives for short term target

Initiatives for medium term target

EV - Conversion to fully electric forklift - Conversion to electric vehicles for shuttle transportation Clean Energy Drive - Existing solar panels - Set up standalone solar panels with batteries. - Green energy tariff (GET) from TNB

EV - Conversion to electric vehicles for product distribution Clean Energy Drive - Existing solar panels - Set up standalone solar panels with batteries. - Green energy tariff (GET) from TNB

Regulatory and Mandatory Disclosures

As Royal Selangor is not a publicly listed company under the jurisdiction of Bursa Malaysia, it is not subject to the regulatory and mandatory disclosure requirements set by Bursa Malaysia.

Targets for Managing Scope 2 Climate-Related Risks and Opportunities

Royal Selangor has outlined initiatives to address CO 2 emissions for Scope 2, covering short-term, medium term, and long-term targets, as shown in Table 10.5.4.

Managing climate commitment against target for Scope 2

Scope 2: Indirect GHG Emissions (purchase of electricity) Climate Commitment

Year 2024 - 2030 Climate commitment Reduction of 850 TCO 2 e

Year 2030 - 2040 Climate commitment Reduction of 750 TCO 2 e

Year 2040 - 2050 Climate commitment Reduction of 1000 TCO 2 e

Initiatives for short term target

Initiatives for med term target

Initiatives for long term target

Energy Efficiency Drive

Energy Efficiency Drive

Carbon Capture - Adopt new carbon capture technology

- Replace existing air conditioners with Variable Refrigerant Volume (VRV) concept

- Adopting green building concept

- Better insulators for electric casting pots

- Green energy tariff (GET) from TNB

- Energy efficient projects using the data logger.

52

53

Made with FlippingBook - professional solution for displaying marketing and sales documents online