83 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD Scope 3 Emissions Scope 3 Emissions - Category 7: Employee Commuting 2023 2024 tCO2eq Percentage tCO2eq Percentage Malaysia 676.4 92.46% 455.955 75.14% Singapore 55.2 7.54% 71.577 11.80% Indonesia - - 79.232 13.06% Gross Employee Commuting (Scope 3) GHG emissions 731.6 100.00% 606.764 100.00% Scope 3 Emissions 2023 2024 tCO2eq Percentage tCO2eq Percentage Category 5: Waste generated in operations - - 24.595 3.57% Category 6: Business travel 88.1 10.74% 57.694 8.37% Category 7: Employee commuting 731.6 89.26% 606.764 88.06% Gross Scope 3 GHG emissions 819.7 100.00% 689.053 100.00% Establishing a New Emissions Baseline Due to significant methodological changes and improved emission factor accuracy, we acknowledge that the 2023 emissions data is unsuitable as a baseline for future comparisons. Consequently, the revised 2024 data (13,572.2 tCO₂eq) will now serve as MST Golf’s new emissions baseline, ensuring more accurate monitoring, realistic target-setting, and transparent reporting moving forward. GHG Emissions Intensity MST Golf calculated its emission intensity based on the total floor space of its operations, including head offices and retail outlets. The emissions intensity increased significantly from 0.02059 tCO₂eq/m² in 2023 to 0.29438 tCO₂eq/m² in 2024, reflecting the updated emissions calculation methodologies and expanded operational coverage. Notably, the 2023 emissions intensity only accounted for Scope 1 and 2 emissions, whereas the 2024 figure includes Scope 1, 2, and 3 emissions. This comprehensive measurement more accurately captures MST Golf's total emissions relative to its operational scale, providing a more reliable baseline for setting actionable targets moving forward. GHG Emissions Intensity 2023 2024 Total floor space area (in m2) 37814.0 46103.6 GHG emissions intensity (in tCO2eq/m2) 0.021 0.294
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