• Resource Management • Economic Impact • Operational Performance • Service & Product Quality • Talent Management • Occupational Health & Safety Performance • Governance The next sections of this report provide the overview and analysis on how we currently approach each of the topics on the respective topics ESG topics in FY2021. Esg Material Topics Social Governance Environment Climate Action & Net Zero Ambition As part of MSM's commitment to operate responsibly through our positive actions, MSM is accelerating its ambition to strengthen its strategy and commitment on reducing its carbon footprint in line with Malaysia's aim of achieving carbon neutrality by 2050 (as announced under the 12th Malaysia Plan in September 2021). We are exploring alternative energy reduction initiatives to improve our energy efficiencies and will review our own GHG inventory comprehensively, set baselines and enhance our goals towards the net zero ambition. With the recent announcement by the Environmental and Water Minister in December 2021, Malaysia is making way for a voluntary carbon market and a domestic emissions trading scheme, MSM will also consider opportunities on carbon trading within the FGV Group. Promote Consumer Benefits and Good Health Practices As part of MSM’s aim to enhance its business priorities from FY2022 onwards, MSM aims to focus on promoting healthier lifestyle options and be steadfast on its promise to deliver mindful practices. On the consumer front, expanding on the existing “Go 1/2” and “Go Natura” products for its health conscious customers are on the horizon. MSM is also exploring initiatives via various platforms to encourage and educate its consumers on the benefits and use of “Sugar in Mindful Ways”. Refer to page 139 for details on our Climate Change and Greenhouse Gas Emissions and on page 138 on our Near Future Energy Initiatives SUSTAINABILITY JOURNEY HOWWE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 129
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