SECTION 2: OUR STRATEGIC CONTEXT 82 Scope 2 Emissions MST Golf’s Scope 2 emissions increased notably, from 673.7 tCO₂eq to 4,079.65 tCO₂eq between 2023 and 2024. The expansion in data coverage and inclusion of additional retail and operational sites in Indonesia and Singapore primarily drove this increase, offering a more accurate reflection of MST Golf's electricity consumption and carbon footprint. Scope 2 Emissions 2023 2024 tCO2eq Percentage tCO2eq Percentage Malaysia 650.0 96.48% 3,279.56 80.39% Singapore 23.7 3.52% 200.24 4.91% Indonesia - - 599.85 14.70% Gross Scope 2 GHG emissions 673.7 100.00% 4,079.65 100.00% Scope 3 Emissions MST Golf’s 2024 Scope 3 inventory includes emissions from Category 5: Waste Generated in Operations, Category 6: Business Travel, and Category 7: Employee Commuting. Our Scope 3 emissions slightly reduced from 819.7 tCO₂eq in 2023 to 689.05 tCO₂eq in 2024, largely due to reduced business travel and employee commuting emissions. Notably, MST Golf’s recycling and used cooking oil recovery efforts contributed to diverting a combined 12.90 tCO₂eq from landfills. We acknowledge limitations in the comprehensiveness of our Scope 3 emissions and aim to enhance reporting by including additional relevant categories such as Purchased Goods and Services (Category 1) and Upstream and Downstream Transportation and Distribution (Categories 4 and 9) within the next five years. Scope 3 Emissions - Category 5: Waste Generated in Operations 2023 2024 tCO2eq Percentage tCO2eq Percentage Malaysia - - 23.745 96.54% Singapore - - 0.849 3.46% Indonesia - - - - Gross Waste Generated (Scope 3) GHG emissions - - 24.595 100.00% Scope 3 Emissions - Category 6: Business Travel 2023 2024 tCO2eq Percentage tCO2eq Percentage Malaysia 83.1 94.33% 54.23 93.99% Singapore 5.0 5.67% 3.464 6.01% Indonesia - - - - Gross Business Travel (Scope 3) GHG emissions 88.1 100.00% 57.694 100.00% SUSTAINABILITY STATEMENT
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