Financial Review and Other Information


WEF Disclosures

Reference Page


World Economic Forum’s (WEF) Stakeholder Capitalism Metrics

Appendix



Governance: Core metrics and disclosures

Governing purpose

Setting purpose

About This Report, page 3

Letter from the Chairman, pages 43-45 Our Integrated Approach to Value Creation, pages 63-65

Quality of governing body

Governance body composition

Sustainability Statement, pages 155-158 Profile of Board of Directors, pages 260-275 Corporate Governance at PETRONAS, pages 282-284

Stakeholder engagement

Material issues impacting stakeholders

Engaging with Stakeholders, pages 70-77 Material Topics, pages 80-85

Ethical behaviour

Anti-corruption

Corporate Governance at PETRONAS, page 293

Protected ethics advice and reporting mechanisms

Corporate Governance at PETRONAS, page 293

Risk and opportunity oversight

Integrating risk and opportunity into business process

Risks Linked to Creating Value, pages 87-89

Planet: Core metrics and disclosures

Climate Change

Greenhouse gas (GHG) emissions

Safeguard the Environment, pages 161-173

TCFD implementation

Sustainability Statement, pages 155-158 Safeguard the Environment, pages 161-166

Nature loss

Land use and ecological sensitivity

Safeguard the Environment, pages 184-187

Freshwater availability

Water consumption and withdrawal in water-stressed areas

Sustainability Statement, page 154 Safeguard the Environment, page 181

Five-Year Sustainability Key Performance Data, page 252

People: Core metrics and disclosures

Dignity and equality

Diversity and inclusion (%)

Positive Social Impact, pages 217-218

Five-Year Sustainability Key Performance Data, page 256

Risk for incidents of child, forced or compulsory labour

Positive Social Impact, pages 204-209

Health and wellbeing

Health and safety (%)

Positive Social Impact, pages 189-199

Skills for the future

Training provided (#, $)

Performance by Capitals, page 69 Positive Social Impact, pages 222-247


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WEF Disclosures

Reference Page

PETRONAS Integrated Report 2022


Prosperity: Core metrics and disclosures

Employment and wealth generation

Absolute number and rate of employment

Five-Year Sustainability Key Performance Data, pages 254-257

Economic contribution

  1. Revenue: Group Financial Results and Position, pages 294-299

  2. Operating cost: Group Financial Results and Position, page 294

  3. Employee wages and benefits: Financial Report Note 26 (page 109)

  4. Payment to providers of capital:

    1. Dividend: Letter from the Executive Vice President and Group Chief Financial Officer, page 56

    2. Financing costs: Financial Report Note 27 (page 111)

  5. Payments to government: Letter from the Executive Vice President and Group Chief Financial Officer, page 56

  6. Community investment: Positive Social Impact, pages 234-247

  7. Financial assistance (tax incentive): Financial Report Note 28 (page 113)

Financial investment contribution

  1. Total capital expenditures (Capex) minus depreciation, supported by narrative to describe the company’s investment strategy: Group Financial Results and Position, pages 304-305

  2. Share buybacks plus dividend payments, supported by narrative to describe the company’s strategy for returns of capital to shareholders: Letter from the Executive Vice President and Group Chief Financial Officer, page 56

  3. Dividend paid to non-controlling interest: Financial Report Note 31 (page 116)

Innovation of better products and services

Total R&D expenses ($)

Performance by Capitals, page 68

Project Delivery and Technology, page 140

Community and social vitality

Total tax paid

Financial Report: Consolidated Statement of Cash Flows (page 13)


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