47 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD Sustainability Risks, Opportunities, and Targets Overview Pillar 1: Caring and Responsible Employer Topic Risk Overview Risk Impact Likelihood Opportunity Overview Opportunity Benefits 2024 Targets 2024 Progress Diversity and Inclusion Limited diversity and inclusion efforts due to unconscious bias and lack of inclusive hiring policies. Reduced innovation, lower employee engagement, and reputational risks. Low Strengthen inclusive hiring, provide bias training, and promote workplace collaboration. Boost innovation, employee satisfaction, and brand reputation. Maintain at least 30% women employees at the senior management level. 67% women representation in senior management. Maintain at least 30% women directors. 33% women representation in the board of directors. Employee Health and Safety Workplace injuries and safety incidents due to poor safety measures and hazard awareness. Increased legal risks, higher costs, operational delays, and lower morale. Moderate Regular safety audits, ongoing training, and a robust hazard reporting system. Enhance employee well-being, lower legal and insurance costs, and improve operational efficiency and trust. Maintain zero workrelated fatalities in 2024. Zero workrelated fatalities. Maintain zero employee lost time incident rate in 2024. 1.46% lost time injury rate. 100% of employees trained in operational health and safety procedures by the end of 2024. 50% of employees trained in occupational safety and health-related matters. Employee Training Skill gaps and underperformance due to insufficient training, outdated programmes, and lack of tailored development. Reduced work quality, operational inefficiencies, and slow business transformation. Moderate Refresh training programmes, integrate learning into KPIs, and offer tailored development. Improve skills, enhance productivity, and boost organisational competitiveness. Achieve at least an average of 20 training hours per year per employee by the end of 2024. 20 average training hours per employee. Employee Turnover High turnover due to job dissatisfaction, limited career growth, uncompetitive benefits, and ineffective recruitment. Increased recruitment and training costs, reduced productivity, and weakened team cohesion. Moderate Strengthen recruitment strategies and offer competitive compensation and clear career paths. Reduce hiring costs, improve work satisfaction, and enhance operational stability. Maintain the employee turnover rate not exceeding 15% in 2024. 24% employee turnover rate. Employee Wellbeing Disengaged employees due to rising workplace stress, mental health issues, and lack of support systems. Absenteeism, lower morale, and low operational efficiency. High Implement wellness programmes, mental health resources, and flexible work arrangements. Improve employee work satisfaction, higher productivity, and reduced absenteeism. Implement at least 5 employee health, safety, and wellbeing programmes and initiatives by the end of 2026. Expanded MST Golf Sports Club and hosted health awareness talks and workshops.
RkJQdWJsaXNoZXIy NDgzMzc=