115 ANNUAL REPORT 2023 MST GOLF GROUP BERHAD PRINCIPLE A BOARD LEADERSHIP AND EFFECTIVENESS SUSTAINABILITY GOVERNANCE Sustainability stands as the foremost priority for the Group, underscored by a firm commitment from the Board, the stewards of the Group. The Board provides decisive guidance and leadership on sustainability matters, emphasising its integral role in the Group’s business plan and reflecting a corporate culture deeply rooted in the pursuit of comprehensive value creation for all stakeholders. The Group actively strives to balance socioeconomic and environmental considerations, embodying a holistic approach to sustainability. To fortify the Board’s efforts in managing the Group, a management-level sustainability committee is responsible for driving the implementation of sustainability programmes and initiatives aligned with the Group’s sustainability vision and objectives. This committee also collects and analyses sustainability data for reporting to the Board and other stakeholders in accordance with applicable regulatory requirements. A robust governance structure has been implemented, featuring clear reporting lines to ensure the effective implementation of the Group’s sustainability policy in alignment with its intended spirit. The establishment of the management-level sustainability committee underscores the Group’s commitment to prioritising “Better Business“, “Better Environment“ and “Better People“. OVERSIGHT ROLE & MANAGEMENT REVIEW BOARD OF DIRECTORS Board Charter Terms of Reference Conduct and Ethics BOARD COMMITTEES Audit & Risk Management Committee Nomination Committee Remuneration Committee GROUP CHIEF EXECUTIVE OFFICER GROUP MANAGEMENT CFO, COO Heads of Departments GOVERNANCE PROCESS AND CONTROL OUR GOVERNANCE FRAMEWORK
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