Sustainability Gap Analysis

• Company-wide diagnostics to ascertain gaps to achieve ESG objectives

• Disclosure requirement check against Bursa’s requirement and ascertain the possible gap
areas in annual sustainability reporting
• Advisory on the data collection processes and internal verification for data accuracy
• Identify sustainability risks, opportunities and recommend suitable mitigation strategies

Carbon Footprint Assessment

• Review of Scope 1 and Scope 2 Emissions Data and basis of reporting

• Report preparation on Scope 3 Emissions Data and basis of reporting
• Understanding the 15 categories of Scope 3 emissions and the minimum boundaries of
reporting which are relevant to Paramount’s operations
• Screening of Scope 3 emissions to identify the most significant sources/ prioritised activities
• To calculate and report Scope 3 Emissions:
o Category 1: Purchased Goods and Services
o Category 2: Capital Goods
o Category 3: Fuel- and Energy-related Activities;
o Category 4: Upstream Transportation and Distribution;
o Category 5: Waste Disposal
o Category 6: Business Travel
o Category 7: Employee Commuting
o Category 13: Downstream Leased Asset
o Category 15: Investment
• Development of an Excel-based calculation tool with selection of the appropriate emission
factors and calculation methodology
• Delivery of customised calculation tools for Scope 1, 2 and 3 emissions

Benchmarking Analysis

• Benchmarking of the GHG intensity results against published reference and publicly
available industry data for the property of similar category
• Reviewing industry peers’ performance to ascertain overall company standing
• Conduct comparative analysis on case study to derive key learnings for possible adaptation
• Identifying industry best-practices in domestic & foreign markets & recommend adaptations
in the company’s sustainability plan

Materiality Assessment

• Ascertain the target audiences for the common disclosures

• Initial materiality assessment for Scope 3 reporting boundary
• Engaging internal & external stakeholders to ascertain Financial Materiality & Impact
Materiality for the business
Sustainability Indicators

• Evaluating & selecting ESG indicators for financial & sustainability reporting
• Recommendations on improvement areas for internal process to cater for future
sustainability reporting
• Developing the data capture & reporting frameworks

Sustainability Strategies & Reporting

• Review of existing corporate strategy, business plan and sustainability strategy

• Ascertain & setting of company-level ESG agenda, goals, KPIs & devise corresponding
company-level ESG strategies and roadmap for Sustainability Reporting
• Develop tailor-made solutions including strategies aligned with GRI standards and initiatives
such as Decarbonisation transition strategy for the company
• Proposing sustainability, climate & ESG risk management & governance framework for
effective implementation

Low Carbon Design (VERITAS Environment’s Scope)

• Identify and review selected building’s operational carbon consumption (Energy and water)
• Identify high-level pathways for the building to achieve Green Building Rating standards
• Proposing low carbon design strategy & enhancement strategies
• To Identify and assist in developing office user policies relating to green building operations
• To assist in developing sustainable procurement guidelines in accordance with green
building rating requirements

Sustainability Action Plan

• Formulate action plan to implement sustainability strategy and initiatives proposed

• Setting progressive milestones & develop mechanisms for performance tracking
• Advisory on the conceptualisation of carbon sink, offsets, credits, pricing, trading, etc. on
nature-based programs, projects & solutions

ESG PMO & Training

• Coaching for Board members, senior management & employees on latest ESG
development
• Coaching on the development of a Roadmap for Scope 3 accounting and reporting
• Coaching sessions for strategy execution & internal reporting
• Coaching and capacity building on the development of a Roadmap for Scope 3 accounting
and reporting
• Warroom setup for ESG transformation & risk management implementation