Sustainability Blueprint 2024

At Matahio, we are committed to ensuring a sustainable energy future for all.

Our commitment to progressive energy fuels our mission for a sustainable future. We believe that this requires a holistic approach, which is why we have developed the Matahio Sustainability Blueprint - a comprehensive and high-impact strategy and framework that ensures we safeguard the environment and have a positive impact on the communities we operate in across all geographies and areas of operations.

This Sustainability Blueprint has been rolled out to our partners and to every employee in our offices in Malaysia, New Zealand, the Philippines and Singapore, underlying our belief that delivering on our sustainability ambitions is a collective effort.

Our Guiding Principles

Sustainability will be aligned to Matahio's values and ethos of Progressive energy, as well as our corporate strategy and targets.

Sustainability will be considered together with energy security and affordability — and not as a standalone topic.

Sustainability is evergreen and will be dynamic, living strategy and commitment at Matahio.

Environmental Focus:

Deep Decarbonisation

Decarbonisation is a key priority at Matahio. While we are exploring carbon capture technologies to reduce our footprint and emissions, we are also studying and researching ways to make this transition feasible and impactful for our operations.

From electrification to energy efficiency, we remain committed to minimising our emissions and environmental impact for a sustainable future.

Reducing Waste

At Matahio we take direct ownership and hold ourselves accountable for how we manage our waste to ensure it is done as effectively and sustainably as possible.

Through our Asset Improvement Opportunities process, we have developed innovative new technologies to eliminate our environmental impact during waste disposal.

Read how

Social Responsibility:

Empowering People, Building Communities

At Matahio, investing in our people is fundamental. We create an inclusive environment where every team member is empowered to reach their full potential. We value every voice, actively encouraging participation and celebrating diverse perspectives.

Our social commitment extends to the communities where we operate, supporting initiatives in education, social mobility, youth and family experiences, and fostering long-term partnerships for a sustainable future.

Strong Governance:

Leading by Example

We uphold the highest standards of corporate governance through a transparent and integrated management system. Our decision-making is guided by well-defined policies that reflect our unwavering commitment to ESG principles. These principles are ingrained in our core values of being Down-to-earth, Dynamic, and Progressive, forming the foundation of our dedication to a sustainable and progressive energy future.

Risk Management:

Resilience and adaptability is paramount

Our current priority is mitigating top corporate risks and ensuring the resilience of our business. We are proactively identifying and monitoring risks, and assessing areas for improvement or mitigation. This approach to risk management grounds our technical, commercial and financial operations to our long-term commitment to sustainability.

Risk Management forms the second core pillar within our Sustainability Blueprint. Our approach to managing risks, like ESG, is aimed to be progressive. Our guiding principles for Risk Management include being near-term focused and dynamic (24-months lookahead) and designed around our 12 largest risk areas across the business. We proactively identify and monitor risks, and implement mitigation actions.

Diversification to Lower Carbon

Being proactive in an era of energy transition, we continuously evaluate ways to step beyond our core oil and gas business. As a smaller player, we methodically screen low-carbon market opportunities and business models to identify viable routes for diversification. From carbon capture, utilisation and storage to renewable technologies, we believe Matahio has an exciting role to play in lowering carbon in the near future.

Our Sustainability Updates:

Matahio undertakes a broad range of CSR and sponsorship activities within the communities in which we operate, under common themes such as education, improving climate resilience, and enhancing livelihoods.