81 ANNUAL REPORT 2023 MST GOLF GROUP BERHAD OUR INITIATIVES In the year under review, we started transitioning to a low-carbon economy by building climate resilience among our people and operations. Our efforts include addressing all material sustainability matters under our “Better Environment“ pillar and cultivating climate awareness as a culture and practice in the Group. 1 Climate Awareness Training In 2023, we heightened sustainability-related training for employees to enable them to stay current with environmental issues, especially climate change. We rolled out Sustainability at MST Golf, a company-wide climate change training to improve literacy and reduce uncertainty on climate topics among employees. 631 or 96.4% of employees attended the training in 2023. The training has also been incorporated into orientation for all new employees to instil climate awareness as they embark on their MST Golf journey. 2 Sustainability Governance We aim to conduct climate scenario analysis according to the TCFD to assess our business’s vulnerability and impact and establish climate response plans against different climate scenarios. Sustainability governance plays an important role in accelerating our climate transformation. Since 2022, we have established an MST Golf Sustainability Working Committee comprising senior management to deliberate sustainability-related matters in monthly meetings. Our Board also oversees the Group’s sustainability-related matters, and we plan to establish a committee at the Board level to support overseeing sustainability, including climate-related risks and opportunities. This will enable clearer climate governance to accelerate our low-carbon economy transition. We also established our Sustainability Policy and Environmental Policy that guide our climate focus. In 2023, we conducted a pilot qualitative assessment across operations to identify climate and sustainability-related operational risks. We aspire to incorporate these risks into our Enterprise Risk Management. Furthermore, we aim to conduct climate scenario analysis according to the Task Force on Climate-Related Financial Disclosures (TCFD) to assess our business’s vulnerability and impact and establish climate response plans against different scenarios. Identifying climate-related risks will allow us to mitigate risks and capture opportunities to ensure long-term business resilience against climate impacts. Total of employees attended the climate training 96.4%
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