60 61 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 We are fully committed to promoting a climate-positive culture and reducing our carbon footprint. We recognise the urgency of the climate crisis and believe that we have a responsibility to take action. We are integrating climate-related risk considerations into all aspects of our business operations and continuously seeking ways to minimise our environmental impact. ENVIRONMENTAL STEWARDSHIP MATERIAL TOPICS: Climate Impact MATERIAL TOPICS: Goal 1 Accelerate enterprise decarbonisation. Goal 2 Build awareness, knowledge and skills needed to enable employees and stakeholders, to contribute positively to climate actions. ENVIRONMENTAL STEWARDSHIP UN SDGs ENVIRONMENTAL STEWARDSHIP OUR APPROACH Our aim is to foster an organisational culture that has a positive impact on the climate and carbon footprint. We tackle climate change with a pragmatic approach that incorporates the management of climate-related risk factors across our business activities, products and services, as well as to reduce environmental impact of our operations. The operations and practices of Kenanga are in line with the goal of reducing carbon footprint where possible, and eliminating wastage to minimise the negative impact to the ecosystem and biodiversity. Similarly, our vendors are expected to adopt sustainable business practices as guided by our Group Code of Conduct for Vendors. We encourage our employees to use resources responsibly, such as electricity, water and paper usage. Our #GreenAtHome initiative, previously known as #GreenAtWork, is a month-long interactive campaign designed to educate our employees on the need to adopt an environmentally-friendly mindset. WHY IT MATTERS Kenanga acknowledges the impact we can have and the role we can play in facilitating the transition to a low-carbon economy and a more sustainable environment. We are committed to achieving carbon neutrality by 2025, and Net Zero emissions by 2050 as our long-term goal. ENERGY CONSERVATION INITIATIVES IN 2022 Upgrading Air Handling Unit (“AHU”) and Air Conditioning (“AC”) Systems Key enhancements made: • Upgraded CH1 Centrifugal Chiller with Inverter Driven Screw Chiller with enhanced part-load performance • Implemented Cooling Tower Fans for Systems 1 & 2 • Implemented Inverter Driven Fan Motor for Cooling Tower 1 & 2 • Introduced enhanced sensors and monitoring devices into the integrated control system • Introduced Inverter to control motor speed according to prevailing demand Transition to LED All conventional lighting at Kenanga Tower were replaced with LED lighting during the year. With this initiative, we aim to achieve energy reduction of up to 8%. MANAGING OUR CLIMATE IMPACT [GRI 302,303,305, 306] Enhanced part-load performance with Kenanga’s inverter-driven screw chiller upgrade Optimised performance and energy efficiency with Kenanga’s cooling tower fan upgrade
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