SECTION 2: OUR STRATEGIC CONTEXT 44 BETTER BUSINESS We have developed a vision to serve the best in everything golf for our customers. However, we acknowledge that our business activities impose costs and consequences, such as waste and carbon emissions, which exacerbate issues like anthropogenic climate change. Poor business conduct also raises regulatory and compliance risks, which impact our business reputation and continuity. Therefore, it is imperative that we strategically uphold sustainability in our business processes and organisational culture to ensure business resilience in a sustainable future. We are dedicated to advancing ourselves across seven material sustainability matters under the pillar of forming a Better Business: At MST Golf, we believe that conducting our business responsibly and ethically contributes to economic prosperity, social equity and environmental conservation. These matters underscore our long-term success and benefit both people and the planet. We strive to fulfil our love for golf by upholding accountability and sustainability in our business. Commitment to building a conscious and responsible supply network by efficiently managing operations, potential waste and environmental impacts. Supply Chain Management Commitment to promoting a better golf industry by fostering a vibrant golf culture, offering valuable products and services and adopting sustainable practices. Building Golf Industry Commitment to transforming our retail stores into sustainability hubs, creating value by promoting sustainable practices, ensuring a safe and conducive working environment for our workforce and fostering long-term value for stakeholders. Responsible Retail Practice Commitment to the responsible management of our product life cycle by adhering to circular principles and initiatives. Golf Product Life Cycle Management Commitment to adopting a zero-tolerance stance towards bribery, corruption and money laundering activities, recognising the critical importance of maintaining stakeholder trust and safeguarding our business from reputational and legal risks associated with integrity breaches. Anti-Bribery, AntiCorruption and AntiMoney Laundering Commitment to data security and privacy by implementing stringent control mechanisms and enhancing our data management systems to mitigate the risk of data breaches while fostering a tech-savvy organisational culture. Data Security and Privacy Commitment to enhancing leadership, corporate culture, internal operations and systems to drive progress across ESG practices. Group Culture and Internal Operations SUSTAINABILITY STATEMENT
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