47 ANNUAL REPORT 2024 EVALUATING MATERIAL MATTERS The Assessment Process Materiality assessments are essential for prioritising key areas, allowing us to focus on matters critical to our business and stakeholders. This process informs our Group’s strategic decision-making and enables us to address the most significant sustainability challenges in a systematic and effective way. 02 03 04 01 01 Identify: We identified 12 material sustainability matters in compliance with Bursa Securities' MMLR, while aligning with industry best practices and informed by a benchmarking exercise against industry peers. 04 Validate: The resulting materiality matrix was validated by the Sustainability Committee and approved by the Board of Directors. 03 Prioritise: To visually represent and rank key material matters, responses from the assessment were compiled and plotted on a matrix using the weighted-average method. 02 Assess: Internal stakeholders completed an online Google survey form to rank the material matters in order of importance to the business and stakeholders. Materiality Assessment Process SUSTAINABILITY STATEMENT FY2024 (cont’d)
RkJQdWJsaXNoZXIy NDgzMzc=