Global Reporting Initiative (GRI) Standards

GRI Disclosure

Reference Page

PETRONAS has reported the information cited in this GRI content index for the period covering the full calendar year from 1 January to 31 December 2022 with reference to the GRI Standards.


GRI 2: General Disclosures

2-1 Organisational details

About This Report, pages 8-9 PETRONAS an Overview, pages 10-11

2-2 Entities included in the organisation’s sustainability reporting

About This Report, page 8

2-3 Reporting period, frequency and contact point

About This Report, page 8

2-4 Restatements of information

Five-Year Sustainability Key Performance Data, pages 248-253

2-5 External assurance

About This Report, page 9

2-6 Activities, value chain and other business relationships

PETRONAS an Overview, pages 22-25

2-7 Employees

Five-Year Sustainability Key Performance Data, pages 254-256

2-8 Workers who are not employees

Five-Year Sustainability Key Performance Data, page 256

2-9 Governance structure and composition

Sustainability Statement, pages 155-157 , Board Composition, page 259

Corporate Governance at PETRONAS, pages 276-277

2-10 Nomination and selection of the highest governance body

Corporate Governance at PETRONAS, page 286

2-11 Chair of the highest governance body

Profile of Board of Directors, page 260

2-12 Role of the highest governance body in overseeing the management of impacts

Sustainability Statement, pages 155-157 Corporate Governance at PETRONAS, page 284

2-13 Delegation of responsibility for managing impacts

Sustainability Statement, pages 155-157

2-14 Role of the highest governance body in sustainability reporting

About This Report, page 9

2-15 Conflicts of interest

Corporate Governance at PETRONAS, page 282

2-17 Collective knowledge of the highest governance body

Corporate Governance at PETRONAS, pages 283-284

2-19 Remuneration policies

Corporate Governance at PETRONAS, page 284

2-20 Process to determine remuneration

Corporate Governance at PETRONAS, page 276 & 286

2-22 Statement on sustainable development strategy

Letter from the Chairman & Letter from the President and Group Chief Executive Officer, pages 40-53

GRI 2: General Disclosures (cont’d.)

2-23 Policy commitments

Positive Social Impact, pages 204-207 & 210 , Corporate Governance at PETRONAS, page 287 & 293

2-24 Embedding policy commitments

Positive Social Impact, pages 204-207 & 210

2-25 Processes to remediate negative impacts

Positive Social Impact, page 209

2-26 Mechanisms for seeking advice and raising concerns

Corporate Governance at PETRONAS, page 293

2-28 Membership associations

Sustainability Statement, page 159

2-29 Approach to stakeholder engagement

Engaging with Stakeholders, pages 70-77

2-30 Collective bargaining agreements

Positive Social Impact, page 205 & 207

GRI 3: Material Topics 2021

3-1 Process to determine material topics

Material Topics, page 80

3-2 List of material topics

Material Topics, pages 81-85

3-3 Management of material topics

Material Topics, pages 81-85

GRI 201: Economic

Performance 2016

201-1 Direct economic value generated and distributed

Letter from the Executive Vice President and Group Chief Financial Officer, page 56 Positive Social Impact, pages 234-247

Group Financial Results and Position, pages 294-299 Financial Report, page 109 & 111

201-2 Financial implications and other risks and opportunities due to climate change

Safeguard the Environment, pages 163-165

201-3 Defined benefit plan obligations and other retirement plans

Financial Report, page 42 & 109

201-4 Financial assistance received from government

Financial Report, page 113

GRI 202: Market Presence 2016

202-1 Ratios of standard entry-level wage by gender compared to local minimum wage

Positive Social Impact, page 216

GRI 203: Indirect Economic Impacts 2016

203-1 Infrastructure investments and services supported

Positive Social Impact, pages 233-247

203-2 Significant indirect economic impacts

Engaging with Stakeholders, pages 70-77 Positive Social Impact, pages 233-247

GRI 205: Anti-corruption

2016

205-2 Communication and training about anti-corruption policies and procedures

Corporate Governance at PETRONAS, pages 290-293

205-3 Confirmed incidents of corruption and actions taken

Other Businesses, page 154

GRI 301: Materials 2016

301-1 Materials used by weight or volume

Sustainability Statement, page 154 Safeguard the Environment, page 181 Positive Social Impact, page 215

Five-Year Sustainability Performance Key Data, page 252

301-2 Recycled input materials used

Safeguard the Environment, pages 174-175

GRI 302: Energy 2016

302-1 Energy consumption within the organisation

Positive Social Impact, page 227

Five-Year Sustainability Performance Key Data, page 252

302-2 Energy consumption outside of the organisation

Safeguard the Environment, pages 174-175

GRI 303: Water and Effluents 2018

303-1 Interactions with water as a shared resource

Positive Social Impact, page 245 & 247

303-2 Management of water discharge-related impacts

Safeguard the Environment, page 181

303-3 Water withdrawal

Sustainability Statement, page 154 Safeguard the Environment, page 181

Five-Year Sustainability Performance Key Data, page 252

303-4 Water discharge

Safeguard the Environment, page 181

Five-Year Sustainability Performance Key Data, page 252

303-5 Water consumption

Sustainability Statement, page 154 Safeguard the Environment, page 181

Five-Year Sustainability Performance Key Data, page 252

GRI 304: Biodiversity 2016

304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

Safeguard the Environment, page 187

304-2 Significant impacts of activities, products and services on biodiversity

Safeguard the Environment, page 184-186

304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operations

Safeguard the Environment, page 187

GRI 305: Emissions 2016

305-1 Direct (Scope 1) GHG emissions

Safeguard the Environment, page 167

Five-Year Sustainability Performance Key Data, page 249

305-2 Energy indirect (Scope 2) GHG emissions

Five-Year Sustainability Performance Key Data, page 249

305-3 Other indirect (Scope 3) GHG emissions

Five-Year Sustainability Performance Key Data, page 251

GRI 305: Emissions 2016 (cont’d.)

305-4 GHG emissions intensity

Five-Year Sustainability Performance Key Data, page 249

305-5 Reduction of GHG emissions

Safeguard the Environment, page 170-172

Five-Year Sustainability Performance Key Data, page 250

305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions

Five-Year Sustainability Performance Key Data, page 249

GRI 306: Waste 2020

306-2 Management of significant waste-related impacts

Safeguard the Environment, page 175

306-3 Waste generated

Safeguard the Environment, pages 174-175

306-4 Waste diverted from disposal

Safeguard the Environment, pages 176-179

306-5 Waste directed to disposal

Five-Year Sustainability Performance Key Data, page 252

GRI 308: Supplier Environmental Assessment 2016

308-1 New suppliers that were screened using environmental criteria

Positive Social Impact, page 211

GRI 401: Employment 2016

401-1 New employee hires and employee turnover

Five-Year Sustainability Performance Key Data, pages 256-257

401-2 Benefits provided to

full-time employees that are not provided to temporary or part- time employees

Five-Year Sustainability Performance Key Data, page 256

401-3 Parental leave

Five-Year Sustainability Performance Key Data, page 256

GRI 403: Occupational Health and Safety 2018

403-1 Occupational health and safety management system

Positive Social Impact, page 189

403-2 Hazard identification, risk assessment, and incident investigation

Positive Social Impact, page 196

403-3 Occupational health services

Positive Social Impact, pages 192-193 & 195-196

403-4 Worker participation, consultation, and communication on occupational health and safety

Positive Social Impact, page 233

403-5 Worker training on occupational health and safety

Positive Social Impact, pages 198-199

403-6 Promotion of worker health

Positive Social Impact, pages 192-193

403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

Risks Linked to Creating Value, page 95

GRI 403: Occupational Health and Safety 2018 (cont’d.)

403-9 Work-related injuries

Performance by Capitals, page 69

Five-Year Sustainability Performance Key Data, page 253

403-10 Work-related ill health

Performance by Capitals, page 69

Five-Year Sustainability Performance Key Data, page 253

GRI 404: Training and Education 2016

404-1 Average hours of training per year per employee

Five-Year Sustainability Performance Key Data, page 257

404-2 Programmes for upgrading employee skills and transition assistance programmes

Positive Social Impact, pages 222-226

GRI 405: Diversity and Equal Opportunity 2016

405-1 Diversity of governance bodies and employees

Five-Year Sustainability Performance Key Data, page 256 & 259-275

GRI 406: Non-discrimination

2016

406-1 Incidents of discrimination and corrective actions taken

Positive Social Impact, page 205

GRI 408: Child Labour 2016

408-1 Operations and suppliers at significant risk for incidents of child Labour

Positive Social Impact, pages 205-206

GRI 409: Forced or Compulsory Labour 2016

409-1 Operations and suppliers at significant risk for incidents of forced or compulsory Labour

Positive Social Impact, page 206

GRI 410: Security Practices 2016

410-1 Security personnel trained in human rights policies or procedures

Positive Social Impact, page 203

Five-Year Sustainability Performance Key Data, page 258

GRI 411: Rights of Indigenous Peoples 2016

411-1 Incidents of violations involving rights of indigenous peoples

Positive Social Impact, page 205

GRI 413: Local Communities 2016

413-1 Operations with local community engagement, impact assessments, and development programmes

Positive Social Impact, page 233

GRI 414: Supplier Social Assessment 2016

414-1 New suppliers that were screened using social criteria

Positive Social Impact, pages 205-207

414-2 Negative social impacts in the supply chain and actions taken

Positive Social Impact, page 209

GRI 416: Customer Health and Safety 2016

416-1 Assessment of the health and safety impacts of product and service categories

Positive Social Impact, pages 210-212

416-2 Incidents of non- compliance concerning the health and safety impacts of products and services

Five-Year Sustainability Performance Key Data, page 253

GRI 417: Marketing and Labeling 2016

417-1 Requirements for product and service information and labeling

Positive Social Impact, page 213