Kenanga-Sustainability-Report-2022

62 63 Environmental Stewardship About This Report Who We Are Progressing Towards A Sustainable Future Managing Our Sustainability Risks Good Governance Sustainable Economic Growth KENANGA INVESTMENT BANK BERHAD Sustainability Report 2022 Awards and Recognitions Empowering People and Communities GRI Content Index ESG Performance Data ENVIRONMENTAL STEWARDSHIP ENVIRONMENTAL STEWARDSHIP Scope 1 Direct GHG Emissions (tCO2e) 40.7 2022 29.3 2021 Note: Our Scope 1 emissions are calculated based on fuel consumption from our company-owned vehicles. Scope 1 emission factors were sourced from the 2006 IPCC Guidelines for National Greenhouse Gas Inventories. * 2022 data reflects the resumption of work in office and increased in business activities. “We recognise that managing our environmental footprint is a critical responsibility that we hold as a company. We understand that our daily operations have an impact on the environment, and we are on our own journey to reduce our environmental impact by implementing sustainable practices and technological advancements.” CHEONG BOON KAK Group Chief Financial and Operations Officer, Kenanga Investment Bank Berhad Energy Management We continuously monitor and analyse our electricity and fuel consumption to identify opportunities to improve our energy efficiency. In addition to this, we have enhanced our data tracking and monitoring from our previous report, expanding our reporting scope to include branch offices, in addition to our headquarters, Kenanga Tower. Besides our AHU and AC systems enhancements in 2021, we introduced additional upgrades in 2022 to further increase energy efficiency as we strive to achieve up to 30% electricity reduction. Moving forward, we will explore additional measures to enhance the energy efficiency of our AHUs and Chiller Plant Room, which remain the largest sources of energy consumption in Kenanga Tower. GHG Emissions Kenanga is committed to responsibly manage our direct and indirect GHG emissions from our business activities. We derived our Scope 1 GHG emissions from fuel consumption data of company-owned vehicles, while our Scope 2 emissions calculations for 2022 are based on purchased electricity consumption throughout Kenanga Tower as well as our branch offices. Improved indoor environment control with Kenanga’s advanced sensor integration in HVAC upgrade Scope 2 – Electricity Consumption In 2022, we expanded our electricity consumption monitoring to include our branch offices, and we achieved a 12.7% reduction in our purchased electricity consumption for Kenanga Tower, relative to the year before. The Group’s efforts to optimise Kenanga Tower’s air conditioning system and the conversion to LED bulbs have contributed to the improved energy efficiency. 2022 2,778,813 2021 3,181,757 Total purchased electricity consumption - Kenanga Tower (kWh) Total purchased electricity consumption - Branches (kWh) 3,478,331 (FY2022) Note: For Year-On-Year data of Scope 1 and Scope 2, please refer to page 91 of this report. New Data Point: Scope 1 – Fuel Consumption We saw an increase in petrol consumption compared to FY2021 due to the increased business travels using our company-owned vehicles as Malaysia transitioned into its COVID-19 endemic phase. 17,059.1 2022 12,291.5 2021 Total Petrol Consumption*(litres) * 2022 data reflects the resumption of work in office and increased in business activities. Scope 2 Indirect GHG Emissions (tCO2e) – Branches only 2,034.8 (FY2022) New Data Point: Note: Scope 2 emissions figures are derived from purchased electricity consumption throughout Kenanga Tower and our branch offices, converted using emissions factors for the Peninsular Malaysian grid. Scope 2 emission factors were sourced from the Malaysian Green Technology Corporation’s 2017 CDM Electricity Baseline Final Report. * 2022 data reflects the resumption of work in office and increased in business activities. Scope 2 Indirect GHG Emissions (tCO2e) – Kenanga Tower only 2022 1,625.6 2021 1,861.3

RkJQdWJsaXNoZXIy MTc1ODMy