Page 141 - MSM_AIR2021

SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 139

The tables below provide an overview of our energy Purchased Electricity consumption was higher by 4.9%.
consumption via various energy sources: A high increase was recorded by MSM Johor in FY2021 as it
was unable to generate its own electricity due to the boiler
breakdown issues. There was also increase in demand and
2019 2020 2021
production in the other operating companies during the year.
Natural Gas 4,858,897 4,704,522 4,013,625
(mmBTU) Target Activities
Diesel (litres) 360,800 604,551 1,225,054 Key Activities in 2021
Seek ways to optimise energy reduction
Note: throughout operations
The diesel consumption is based on usage for the logistics
fleet, forklifts, excavators and the generator sets. Since FY2021, Embarked on feasibility studies on energy reduction
diesel consumption at MSM Logistics has been tracked and induded
in our FY2021 data. initiatives such as biomass and solar panel installations

2019 2020 2021
Climate Change and GHG Emissions
Own Generated
Electricity 86,232,467 72,345,310 55,556,395
Consumption The impact of climate change presents a significant risk to
(kWh) MSM’s business as it introduces unpredictability in the supply
of natural resources it depends on. We also see an opportunity
Total Purchased 47,788,573 47,407,844 49,763,468 in taking leadership of climate change initiatives as a global
Electricity (kWh) player in the sugar industry and therefore we have a strong
determination to achieve carbon neutrality along with the
A 14.7% reduction in Natural Gas was recorded by MSM ideals of Net Zero as we step up our sustainability journey.
in FY2021, as compared to FY2020, as there was less As part of our commitment to address climate change under
consumption in MSM Johor due to its boiler breakdown our Group Sustainability Policy, we are actively making efforts
issues. No data from MSM Perlis was also recorded during and initiatives to minimise our climate change impact including
the year after its disposal in FY2021. reduction of Greenhouse Gas (GHG) emissions.

Diesel consumption was higher in FY2021 due to the inclusion With MSM’s GCEO as a main member of the CEO Action
of diesel consumption by the logistics fleet under MSM Network (CAN), MSM will explore CAN’s agenda towards
Logistics. This was not tracked in the previous years. climate change objectives and a commitment towards
playing its part in the global community to achieve SDG
There was overall 23.21% reduction in Own Generated 13 on Climate Action as well as supporting Malaysia’s
Electricity Consumption in FY2021 as a result of the Nationally Determined Contribution (NDC) to the Paris
breakdown of the boiler in MSM Johor in second quarter Agreement to reduce GHG emissions by 45% by 2030.
of 2021. The figure is also lower as there is no data from Through our participation and learnings from this network,
MSM Perlis in FY2021 after its disposal.
this network, we hope to help steer the MSM Group towards
an effective climate transition strategy, taking into account
Further details on the boiler breakdown are discussed on the need for financial stability, increased resilience and
page 82
sustainability.