49 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD Topic Risk Overview Risk Impact Likelihood Opportunity Overview Opportunity Benefits 2024 Targets 2024 Progress Customer Health and Safety Customer health and safety incidents due to poorly maintained facilities, inadequate equipment checks, food safety lapses, and poor employee training. Increased legal liabilities, compensation claims, reputational damage, and reduced customer trust. Moderate Implement stringent facility inspections, regular maintenance, food safety audits, and staff training. Reduce liabilities, build customer confidence, enhance brand reputation, and foster long-term loyalty. Maintain zero cases of customer injuries across our premises in 2024. Two confirmed customer injury incidents. Pillar 3: Resilient Environmental Stewardship Topic Risk Overview Risk Impact Likelihood Opportunity Overview Opportunity Benefits 2024 Targets 2024 Progress Climate Change Frequent extreme weather events, such as heavy rainfall and rising temperatures, disrupt golf playability and reduce retail foot traffic. Lower golf participation and reduced sales. High Enhance climate resilience in retail and golf facilities, develop indoor golf, and strengthen e-commerce. Diversify revenue streams and maintain customer engagement. Publish our inaugural climate scenario analysis, including impact and vulnerability assessments and adaptation response plans by the end of 2025. Published our inaugural climate scenario analysis. Greenhouse Gas (GHG) Emissions Persistent high GHG emissions from MST Golf’s operations due to a lack of structured reduction strategy. Increased operational costs, regulatory risks, reputational damage, and declining investor and consumer trust. High Set reduction targets, improve emissions tracking, and adopt energyefficient practices and low-carbon alternatives. Reduce carbon tax exposure, stronger brand reputation, and increase investor confidence. Reduce Scope 1 emissions by at least 20% by 2026, using 2024 as our baseline year. 8,803.48 tCO₂eq Scope 1 emissions. Reduce Scope 2 emissions by at least 20% by 2026, using 2024 as our baseline year. 4,079.65 tCO₂eq Scope 2 emissions. Reduce Scope 3 emissions by at least 10% by 2026, using 2024 as the baseline year. 689.05 tCO₂eq Scope 3 emissions. Energy Use High energy consumption due to inefficient energy practices and lack of renewable energy measures. Increased energy costs, regulatory risks, high GHG emissions, and declining investor trust. High Implement energy efficiency measures, invest in renewables, and deploy energy monitoring systems to optimise usage and reduce emissions. Lower operational costs, reduce emissions, and improve brand reputation. Reduce electricity consumption by at least 20% across all operations by 2026, using 2024 data as the baseline. 20,313,260 MJ in electricity consumed. Reduce fuel consumption by at least 10% across all operations by 2026, using 2024 data as the baseline. 1,120,000 MJ in fuel consumed. Pillar 2: Accountable and Ethical Operations
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