43 ANNUAL REPORT 2025 MST GOLF GROUP BERHAD • Initial identification of sustainability matters relevant to the Group’s operations. • Establishment of preliminary sustainability reporting processes. • Initial stakeholder engagement and internal awareness initiatives. • Development of basic environmental and social data collection processes. 2023 ESTABLISHING THE FOUNDATION • Formalised sustainability governance structure. • Established Sustainability Working Committee (”SWC”). • Material sustainability matters were identified and prioritised. • Sustainability policies and procedures were strengthened. • Data collection and reporting processes were improved. 2024 ESTABLISHING THE CARES SUSTAINABILITY FRAMEWORK • Initial integration of sustainability considerations into the Group’s ERM framework. • Strengthening sustainability performance monitoring and reporting processes. • Improving sustainability data management and documentation. • Preliminary climate-related risk assessment initiatives. • Enhancing stakeholder engagement processes. 2025 INTEGRATING SUSTAINABILITY INTO BUSINESS STRATEGY AND RISK MANAGEMENT MST Golf's Sustainability Journey
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