35 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD INTRODUCTION Our business sustainability only counts when the world and people around us are better because of us. Sustainability is at the core of MST Golf’s long-term business strategy, aligning with the triple bottom line of people, environment, and business. In 2024, MST Golf reinforced its sustainability commitment by adopting the MST Golf C.A.R.E.S. (CARES) sustainability framework, which integrates the Environmental, Social, and Governance (ESG) principles into its operations and governance. The Group’s five sustainability pillars - Caring and Responsible Employer, Accountable and Ethical Operations, Resilient Environmental Stewardship, Empowering Community Engagement, and Sustainable Supply Chain - guide our efforts in creating long-term value for our stakeholders while ensuring our business remains adaptable to evolving environmental and socioeconomic challenges. The first two pillars, Caring and Responsible Employer and Accountable and Ethical Operations, focus on our internal fundamentals - our people, systems, and processes. By ensuring that we have a resilient workforce, a values-driven corporate culture, and robust governance structures, we create a strong foundation for sustainable growth, ethical business conduct, and operational excellence. With these internal strengths in place, we are better positioned to positively influence our external impact areas - the environment, the community, and the broader golf industry - through our remaining three pillars: Resilient Environmental Stewardship, Empowering Community Engagement, and Sustainable Supply Chain. A well-managed and engaged workforce, alongside ethical and accountable business operations, allows us to consistently and sustainably create value beyond our organisation, reducing our environmental footprint, uplifting the communities we serve, and strengthening the sustainability of the entire golf supply chain. By aligning our internal fundamentals with our external responsibilities, the CARES sustainability framework ensures that MST Golf operates with integrity, resilience, and a commitment to long-term sustainability both within our organisation and across the broader ecosystem in which we operate. The following table outlines MST Golf’s CARES framework, alongside their respective objectives, strategic focus areas, related material sustainability matters, and alignment with the United Nations Sustainable Development Goals (UN SDGs).
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