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Greenhouse gas reporting The experience of YTL Mathias Varming , YTL-SV Carbon Sdn Bhd May 8th, 2014. Contents. YTL Group introduction SV Carbon Drivers for reporting Challenges GHG initiatives in the group. Overview of YTL Group. Financial Highlights.
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Greenhouse gas reporting The experience of YTL Mathias Varming, YTL-SV Carbon SdnBhd May 8th, 2014
Contents • YTL Group introduction • SV Carbon • Drivers for reporting • Challenges • GHG initiatives in the group
Overview of YTL Group Financial Highlights • Combined market capitalisation of over RM30 billion on Bursa Securities Malaysia Berhad • Global recognition for management: • "Strongest Adherence to Corporate Governance and Best Strategic Corporate Social Responsibility " 2013 Southeast Asia Institutional Investor Corporate Awards • "Singapore Environmental Achievement Award (Regional) 2012" by the Singapore Environment Council
YTL-SV Carbon : An Introduction • Founded in 2006, subsidiary of YTL Corp since 2008 • The largest CDM Advisory company in Malaysia • About 50 emission reduction projects in the portfolio • 29 registered Carbon Asset Projects. • GHG inventory experience in the following sectors: • Plantations & Mills • Power Generation • Hotels and Resorts • Construction • Telecommunications & IT
Drivers for reporting • Regulations/Public Initiatives • Several Asian nations have taken voluntary pledges under the UNFCCC proceedings. Malaysia has pledged to reduce Carbon intensity by 40% compared to 2005 by 2020. • Public initiatives like MyCarbon in Malaysia, and NTP in Vietnam • Investors • US$92 Trillion is under management of the 767 members of the CDP “Carbon Action” investor initiative • Stock Markets • FTSE and Johannesburg leading with mandatory reporting or “disclose or explain”-policies for all listed companies • Many other exchanges have carbon-efficiency indices for top stocks. These include: • Dow Jones • Seoul • Istanbul
Challenges • YTL is very large and very diverse • GHG inventory is a complex exercise • Many considerations from many stakeholders • Setting up new systems take time
GHG reduction initiatives in the Group • Renewable energy • Wessex water - 11 MW biogas power plant, 12 MW wind farm • PT Jawa - 7 Micro-hydro plants and 34 micro-biogas digesters • YTL Cement – Waste heat recovery power plant & alternative fuels • Energy Efficiency • Countless measures implemented in a.o.: ERL, Lot 10, Starhill Gallery, Wisma Atria, Renhe Spring, PangkorLaut, Gaya Island resort • Other Initiatives • Signatory to the Copenhagen, Cancun, 2C Challenge, Carbon Price and Trillion Tonne Communiqués • Engagement with policy and community
THANK YOU Mathias Varming YTL-SV Carbon Sdn. Bhd. Lot 10 Shopping Centre,50, Jalan Sultan Ismail,Kuala Lumpur, MALAYSIA. Tel: +6018 - 605 7777 www.ytl-svcarbon.com/ mathias.varming@ytl.com.my