KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2024 BASIS OF THIS REPORT OUR APPROACH TO SUSTAINABILITY KENANGA AT A GLANCE GOOD GOVERNANCE LEADERSHIP STATEMENTS SUSTAINABLE ECONOMIC GROWTH ENVIRONMENTAL STEWARDSHIP EMPOWERING PEOPLE AND COMMUNITIES APPENDIX 73 72 Total Purchased Electricity Consumption Purchased Electricity Consumption (kWh) – Kenanga Tower 3,083,435 2024 2,902,979 2023 3,363,570 2021 2,778,813 2022 3,349,740 2020 Purchased Electricity Consumption (kWh) – Branch Offices 2,090,249 2,313,653 2,031,972 2024 2023 2022 Total Purchased Electricity Consumption (GJ) – Kenanga Tower and Branches 18,625.3 18,779.9 17,318.8 2024 2023 2022 Kenanga Tower’s Subscription to Tenaga Nasional Berhad’s Green Electricity Tariff (“GET”) Over the years, we have taken purposeful steps to reduce our environmental impact, starting with significant upgrades to our heating, ventilation, and air conditioning systems. This effort was recognised nationally, earning us the prestigious National Energy Awards in 2023—an acknowledgment of the dedication and efforts of our team. In 2024, led by Group Procurement and Administration, we further advanced our sustainability goals by subscribing to Tenaga Nasional Berhad’s GET, enabling us to source over 90% of Kenanga Tower’s electricity consumption from renewable energy. This milestone highlights our ongoing commitment to reducing our carbon footprint and supports Malaysia’s transition to a low-carbon economy. Kenanga continues to explore opportunities to further integrate sustainability across its operations, with plans to expand renewable energy usage, optimise energy efficiency, and foster a sustainable culture within the organisation. 237-2,PUSAT PERDAGANGAN DIJAYA JALAN TUN RAZAK 50400 KUALA LUMPUR WP KUALA LUMPUR (Contract Account No: 220162752106) For subscribing to 240 Block(s) ( 240,000 kWh ) of electricity generated from renewable energy sources Commencement Date: 3rd May 2024 KENANGA INVESTMENT BANK BERHAD Scope 3 - Other Indirect GHG Emissions (Excluding Scope 3 - Category 15) Total GHG Emissions - Scope 3 Category 15 – Investments Financed Emission Financed emissions are defined as on-balance sheet investments and are calculated in accordance with the PCAF Standard. These emissions are reported within KIBB’s Scope 3 inventory under Category 15: By Sector Sector Emissions (tCO2e) Data Quality Score Sovereign Debt 71,181.1 4.0 Transportation and Storage 29,538.6 4.0 Energy 6,267.0 4.0 Energy and Utilities 1,966.7 4.0 Energy 998.6 4.0 Financials 692.1 4.0 Real Estate 313.3 4.0 Education 219.0 4.0 Consumer Discretionary 102.0 2.0 Total 111,278.3 Notes: 1. The activity data for Scope 3 - Business Travel is obtained from the total fuel consumption of employee-owned vehicles and e-hailing cars, based on the price of RON95 fuel. The data is then converted using emission factors sourced from the 2006 IPCC Guidelines for National Greenhouse Gas Inventories. 2. Data for Scope 3 - Employee Commuting is gathered from surveys that capture employees’ commuting patterns and the distance travelled to and from their offices. The distance is then converted using the US EPA’s 2023 Emission Factors Hub - Table 10, Scope 3, Category 7: Employee Commuting. This data collection began in 2023; hence, no data is reported for prior years. Scope 3 GHG Emission – Category 6: Business Travel (tCO2e) 532.7 444.8 210.9 2024 2023 2022 Scope 3 GHG Emissions – Category 7: Employee Commuting (tCO2e) 3,841.0 4,320.4 2024 2023 ENVIRONMENTAL STEWARDSHIP ENVIRONMENTAL STEWARDSHIP
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