INTEGRATED ANNUAL REPORT 2025 • QL RESOURCES BERHAD INTEGRATED ANNUAL REPORT 2025 • QL RESOURCES BERHAD pg.40 pg.41 03 04 05 06 07 08 01 ABOUT THIS REPORT QL AT A GLANCE CHAIRMAN’S STATEMENT MANAGEMENT DISCUSSION AND ANALYSIS SUSTAINABILITY STATEMENT LEADERSHIP & GOVERNANCE FINANCIAL STATEMENTS APPENDICES 02 03 04 05 06 07 08 01 ABOUT THIS REPORT QL AT A GLANCE CHAIRMAN’S STATEMENT MANAGEMENT DISCUSSION AND ANALYSIS SUSTAINABILITY STATEMENT LEADERSHIP & GOVERNANCE FINANCIAL STATEMENTS APPENDICES 02 SUSTAINABILITY STATEMENT SUSTAINABILITY STATEMENT MANAGING SUSTAINABILITY Our Targets Material Matter Target FY25 Progress CC Reduce 20% GHG emissions intensity by FY2026 from FY2020 baseline (37.1 tCO2e/RM Mil Revenue) Reduced 9.4% GHG intensity from base year FY2020 PR Zero regulatory violation (fines, court case) in respect to quality of air emissions per year Zero violation reported this year Zero regulatory violation (fines, court case) in respect to quality of effluent discharge per year Zero violation reported this year Zero regulatory violation (fines, court case) in respect to management of hazardous waste per year A violation reported this year The Group tracks a range of key performance metrics, including energy consumption, GHG emissions (Scope 1, 2 and 3), water usage, and waste generation, of which these environmental data is reported monthly by all subsidiaries and consolidated at the Group level. The Group Sustainability Team would verify and analyse the performance, identify trends, and highlight areas for improvement. QL took an important step forward by commencing preparation for the IFRS S1 and S2 Standards disclosures. We initiated climate risk assessment on physical as well as transition risks and opportunities, referencing TCFD recommendations, and IFRS S2 Standard. ENVIRONMENTAL RESPONSIBILITY In cognisant of the global climate crisis and its impact to our supply chain and business operations, we are dedicated to growing our business in a more sustainable manner to reduce our ecological footprint, prioritising environmentally responsible practices within our organisation. This year, our focus has been on expanding our use of renewable energy, improving energy and water efficiency, and refining waste management practices. We believe that these initiatives will reinforce our commitment to combating climate change and enhance the long-term resilience of our business. Climate Change Performance • Reduced 9.4% GHG emissions intensity from base year FY2020 (37.1 tCO2e/RM Mil Revenue) • Increased 4.1% solar energy consumption YearOver-Year (YoY) Our Approach We recognise our contribution to greenhouse gas emissions and are proactively minimising our carbon footprint through decarbonisation initiatives. These include expanding the use of renewable energy from diverse sustainable sources, offering solar energy solutions to more clients. We also support environmental programmes that offer co-benefits to climate mitigation and climate adaptation i.e. mangrove reforestation and rehabilitation. CC Effective Management of Energy Consumption and Greenhouse Gas Emissions In FY2025, the Group’s energy intensity declined by 8.8% compared to FY2024. Energy Consumption & Intensity 000 GJ GJ/RM Mil Revenue 0 FY23 FY24 FY25 MPM ILF POCE CVS GROUP FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 0 2,500 1,600 2,000 1,200 1,500 800 1,000 400 500 RE Scope 2 Scope 1 Energy Intensity GHG intensity (Scope 1 and Scope 2) was also reduced by 9.4% compared to the baseline of FY2020 and by 2.5% compared to FY2024. These reductions were primarily driven by lower production volumes in MPM business pillar and palm oil plantation. In FY2025, we assessed our Scope 3 indirect GHG emissions for Categories 6 (Business Travel) and 7 (Employee Commuting) using a distance-travelled calculation methodology, based on current data availability.
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