Potential offtaker

UMW Holdings Berhad

www.umw.com.my

Estimated electricity consumption

N/A

Countries of production presence

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UMW Holdings Berhad is a Malaysian conglomerate that operates in the automobiles sector. The company was founded in 1917 and has since grown to become one of the largest automotive companies in Malaysia. UMW Holdings Berhad operates in three main business segments: automotive, equipment, and manufacturing and engineering. The company's primary focus is on the automotive sector, where it is involved in the manufacturing, assembly, and distribution of vehicles.

Decarbonisation is a key priority for UMW Holdings Berhad. The company has set ambitious targets to reduce its carbon footprint and promote sustainable practices across its operations. UMW Holdings Berhad is committed to reducing its greenhouse gas emissions by 50% by 2030, compared to its 2016 baseline. The company is also working to promote the use of renewable energy and increase energy efficiency across its operations.

Corporate energy is another area of focus for UMW Holdings Berhad. The company is committed to promoting energy efficiency and reducing energy consumption across its operations. UMW Holdings Berhad has implemented a number of energy-saving initiatives, such as the installation of energy-efficient lighting and the use of energy-efficient equipment. The company is also exploring the use of renewable energy sources, such as solar and wind power, to further reduce its carbon footprint.

Corporate power purchase agreements (PPAs) are an important part of UMW Holdings Berhad's renewable energy strategy. The company has signed several PPAs with renewable energy providers to source electricity from renewable sources. These agreements enable UMW Holdings Berhad to reduce its carbon footprint and promote the use of renewable energy.

Renewable energy is a key focus for UMW Holdings Berhad. The company is committed to promoting the use of renewable energy across its operations and has set a target to source 20% of its electricity from renewable sources by 2025. UMW Holdings Berhad has already made significant progress towards this goal, with the installation of solar panels at several of its facilities. The company is also exploring the use of other renewable energy sources, such as wind and hydro power.

UMW Holdings Berhad's commitment to decarbonisation, corporate energy, corporate PPAs, and renewable energy is driven by its desire to promote sustainable practices and reduce its impact on the environment. The company recognizes the importance of taking action to address climate change and is committed to playing its part in the global effort to reduce greenhouse gas emissions.

In addition to its focus on sustainability, UMW Holdings Berhad is also committed to innovation and technology. The company is investing in research and development to develop new technologies and products that meet the changing needs of its customers. UMW Holdings Berhad is also exploring new business models and partnerships to drive growth and create value for its stakeholders.

Overall, UMW Holdings Berhad is a leading player in the Malaysian automotive sector that is committed to promoting sustainability and driving innovation. The company's focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy is a testament to its commitment to reducing its impact on the environment and promoting sustainable practices. With its strong track record of innovation and commitment to sustainability, UMW Holdings Berhad is well-positioned to continue driving growth and creating value for its stakeholders in the years ahead.

✓ Declared Net Zero commitment