OUR STRATEGIC CONTEXT 42 SUSTAINABILITY STATEMENT External Assurance Statement This Sustainability Statement has not been externally assured for the current reporting period. The Group will continue to strengthen its internal controls, governance, and data management processes as it progressively enhances the maturity of its sustainability reporting. MST Golf’s Sustainability Journey The Group recognises that sustainability is essential to long-term business resilience, responsible corporate citizenship, and sustainable value creation for stakeholders. MST Golf’s sustainability journey has evolved progressively over the past few years as sustainability considerations have become increasingly integrated into business strategy, governance, and risk management. Establishing Baselines in 2023 The Group’s formal sustainability journey began in 2023 with a focus on strengthening internal foundations. This marked an important learning phase during which the Group established key baselines, policies, processes, and targets, while identifying its material sustainability matters. During this period, the Group’s disclosures were aligned with the Global Reporting Initiative (“GRI”) Standards and Bursa Malaysia’s Sustainability Reporting requirements. The emphasis was on building internal clarity and discipline, recognising that meaningful sustainability outcomes must first be grounded in responsible operations. Improving Structures in 2024 In 2024, the Group took a more structured step forward with the introduction of the CARES Sustainability Framework, which clarified the Group’s sustainability commitments and provided a more coherent basis for managing sustainability-related risks and responsibilities across the organisation. During the year, the Group also expanded its reporting alignment to Bursa Malaysia’s National Sustainability Reporting Framework and began preparing for the adoption of the IFRS Sustainability Disclosure Standards. At the same time, the Group began broadening its perspective beyond internal operations by taking initial steps to understand climaterelated and sustainability-related risks and opportunities, while exploring how its influence could gradually extend to customers, suppliers, and the wider golf ecosystem. Integrating Growth in 2025 By 2025, the Group’s sustainability journey entered a more integrated phase. Sustainability is increasingly embedded into day-to-day decision-making and reflected in how teams approach workplace safety, resource management, service standards, governance, and operational improvements. During the year, the Group also began taking more deliberate steps to quantify sustainability-related risks and opportunities, recognising the importance of improving data quality and decision-useful analysis over time.
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