Boustead Plantations Berhad | Integrated Report 2023

STRATEGIC REVIEW MATERIAL MATTERS ENERGY EFFICIENCY AND CLIMATE RESILIENCE 9 Our sustainable practices allow us to do our part to combat climate change through renewable energy sources, increased energy efficiency and improved production efficiency. Why It Is Important • Continuous operation of our biogas plant at Telok Sengat Palm Oil Mill • Utilisation of other byproducts such as empty fruit bunch and palm kernel shells • Installation of solar panels at our guard house and streelights at some of our operating units • Utilising the RSPO PalmGHG calculator and GHG Protocol to monitor and track greenhouse gas emissions Our Response HIGH CONSERVATION VALUE AREAS AND BIODIVERSITY 10 With a number of our plantations situated in HCV areas with significant biodiversity, we safeguard the delicate balance of the ecosystem through preservation efforts that ensure environmental impact is minimal. Why It Is Important • 576 hectares (ha) of jungle, wetlands and riparian buffer zones were designated as HCV areas • Collaborate with Peninsular Malaysia’s Department of Wildlife and National Parks, Sabah Forestry Department, Sabah Wildlife Department, Environmental Protection Department of Sabah and Natural Resources and Environment Board Sarawak, to protect and manage wildlife conflicts • Assist the Forestry Department in controlling encroachment of forest reserves that bordering our operations • Document and monitor wildlife found within our plantations • Conduct HCV assessments that are aligned with RSPO and MSPO Standard • Active engagement with Department Wildlife and National Park to seek advice and monitor our HCV and biodiversity • Introduction of a soil conservation programme to address the potential pollution of soil, surface water and groundwater • Implementation of the Integrated Site-Specific Fertiliser Recommendations System to monitor and prevent overuse of fertilisers as well as mitigating the risk of the pollution Our Response Boustead Plantations Berhad 054

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