MSM Malaysia Holdings Berhad Annual Report 2021

As the leading sugar refiner and brand ambassador for Malaysia, we aspire to achieve excellence in sustainability by integrating sustainable practices into every business activity in line with our promise of “Sweet Sustenance in a Responsible, Sustainable and Mindful Way”. We continue to make positive strides to strengthen our approach in managing sustainability topics that are material to our business, demonstrate our constant commitment to incorporate sustainable practices into all segments of our business, and show leadership with the sustainability challenges we face. Working together in collaboration with partners, customers, regulators and other stakeholders, we focus on maximising our long-term positive impact. We are working towards revising and updating these policies to align with our current practices and business strategies and to take into account constructive input on the concerns and expectations from our stakeholders. The Group Sustainability Policy establishes MSM’s commitment to work towards a future that creates a positive impact on our environmental, social and governance responsibilities for our stakeholders.This Policy is applicable to all the Directors and the employees of the MSM Group. We report on our sustainability practices and performance annually, with our last report published as part of MSM’s 2020 Annual Report. This year’s statement summarises the key highlights of our efforts towards achieving sustainable development through our ESG initiatives for the reporting period from 1 January 2021 to 31 December 2021. In the development of our approach towards improving our sustainability reporting, we have improved on the way we document the measurements for our material matters for the disclosures of this year’s Sustainability Report. As the Group makes further traction within our sustainability journey, we will consider the adoption of an external assurance for our disclosures in the near future. We strive for best practices in the way we conduct our business improve livelihoods across our value chain, commit to become the employer and partner of choice providing opportunities for advancement and development, play a leading role in community development, and demonstrate environmental responsibility and leadership. Our Sustainability Commitment MSM’s Sustainability Policy can be viewed on our website at WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOWWE OPERATE MSM Malaysia Holdings Berhad ANNUAL INTEGRATED REPORT 2021 122