Green Practices Guideline for Forest Operation

Life Cycle Assessment: Life Cycle Assessment (LCA) is a methodology used to evaluate the environmental impact of a product or service over its entire life cycle. This includes the extraction of raw materials, production, transportation, use, and disposal or recycling of the product. ESG: ESG stands for Environmental, Social and Governance. It is a set of criteria used to evaluate the sustainability and societal impact of an investment in an organisation. Certification: Certification is the provision by an independent body or an authorised agency of written assurance that the product, service, or system in question meets specific requirements. Reporting period: The time span for which the instrument assesses the organisation. Unless required otherwise time span should be one year. 2.2. CONCEPT Not applicable. 2.3. UNIT OF MEASURE Not applicable. 3. METHODOLOGY 3.1. DATA SOURCES Company sustainability report: A report published by a company or organisation about its environmental, social and governance (ESG) impacts. Organisation sustainability policies: Organisation policies or guidelines specific to sustainability addressed in the company’s sustainability report. Sustainability monitoring activity: Self-regulation implementation to show correlation with sustainability goals. Certification or recognition of sustainable material: Certifications attained by the organisation (including from third parties) related to sustainable materials. 3.2. DATA COLLECTION METHOD Reference and citation to sections, parts, and/or entire documents as evidence. Documents cited shall specifically address the following aspects: 1. Evidence of company sustainability report. 2. Evidence of policy for the application of green materials. 3. Evidence of self-regulation implementation relating to sustainability goals. 4. Evidence of certification or recognition from other parties including third parties. 3.3. ASSUMPTIONS AND UNCERTAINTIES Not applicable. 4. OTHER METHODOLOGICAL CONSIDERATIONS 4.1. COMMENT AND LIMITATION There are no limitations to this indicator. 4.2. VALIDATION 1. Global Reporting Initaitive (GRI) Standards 2. Sustainability AccountingStandardsBoard (SASB) Standards 4.3. QUALITY MANAGEMENT • ISO 14040:2006 Environmental management — Life cycle assessment — Principles and framework. • ISO/CD 59004 Circular Economy – Terminology, Principles and Guidance for Implementation. 5. REFERENCES 1. National Energy Efficiency Action Plan 2016-2025. 2. Malaysia Renewable Energy Roadmap (MyRER). 3. Malaysia National Energy Policy (NEP) 2022-2040. 4. The Sustainable Development Goals (SDGs). 76 GREEN PRACTICES GUIDELINE FOR FOREST OPERATION