Boustead Plantations Berhad | Integrated Report 2023

Scope 3 Emissions in 20236 (tCO2e) g Business Travel g Employee Commute 122 (34%) 234 (66%) For our inaugural tracking of Scope 3 emissions under employee commuting and business travel, we have calculated a total of 385 tCO2e, of which 356 tCO2e is emitted from from headquarters6, while another 29 tCO2e is from operating units. From the total emissions, 17 tCO2e is emitted from business travel by land for the headquarters6 and operating unit, amounting to 14 tCO2e and 3 tCO2e, respectively. For business travel by air, the emissions are limited to headquarters only, at 108 tCO2e. For employee commuting, the headquarters6 contribute the emission of 234 tCO2e, whilst the operating unit contributes only 26 tCO2e. Biogenic GHG Emissions (tCO2e) 2021 2022 2023 1,776 1,364 1,274 7. Emissions from Scope 3 Category 7 Employee commuting was calculated using the distance-based method. 8. The assumption for calculating employee commuting days is based on the total working days in the year, excluding public holidays specific to Kuala Lumpur. 9. The distance-based method has been used to calculate Scope 3 GHG emissions for business travel by both air and land. For air travel, the distance is calculated using the Air Miles Calculator. 10. Biogenic GHG Emissions is extracted from RSPO PalmGHG Calculator (with the exclusion of Grid Electricity Utilisation and Fuel Consumption). AIR, WATER, WASTE AND EFFLUENT MANAGEMENT Why it matters Responsible management of air, water, waste, and effluent is crucial for palm oil plantations due to the potential environmental impact. Proper management ensures compliance with regulations, mitigates pollution risks, protects local ecosystems, and upholds the company’s reputation. In addition, effective management practices contribute to sustainable operations, reducing operational costs and enhancing long-term viability. BPlant’s Approach Air Management BPlant prioritises air quality monitoring at our palm oil mills, acknowledging its crucial role in protecting the health and safety of our employees and local communities, and ensuring regulatory compliance. Our efforts entail the monitoring of air quality and the installation of wet scrubbers to mitigate air pollution to comply with Environmental Quality (Clean Air) Regulations 2014. Water Management As a responsible organisation, BPlant recognises that water is a precious resource, and we understand that our palm oil mill processing activities account for the majority of our overall water consumption. Supporting our pursuit towards sustainability, we use water efficiently by leveraging surface water that has been processed to meet the quality standards required for production. We also continually enhance our water efficiency by implementing recycling and reuse practices where feasible. These initiatives include: • Introducing the use of premixing chemicals • Reducing the frequency of cleaning at palm oil mils • Utilising fibre and wood dust in the event of spillages to minimise reliance on water usage. • Monitoring water usage for palm oil mill processes and setting targets for achievement. Note: 1. Calculation methodology is based on the GHG Protocol Corporate Accounting and Reporting Standards. 2. Scope 1 and 3 emissions factors were sourced from the UK Government’s GHG Conversion Factor 2023. 3. Scope 2 emissions factor were sourced from the National Energy Commission: Grid Emissions Factor 2021. 4. Scope 1 emissions calculation excludes combustion emissions from boilers. 5. Scope 3 GHG emissions is calculated for 2023 only. 6. The boundary for Scope 3 GHG emissions specifically relates to Boustead Estate Agency Sdn Bhd and Boustead Life Sciences Agency Sdn Bhd only. The term ‘headquarters’ for Scope 3 specifically relates to these 2 entities. Integrated Report 2023 161

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