110 111 Annual Report 2021 TROPICANA CORPORATION BERHAD SUSTAINABILITY AT TROPICANA Our Sustainability Milestones Our Sustainability Governance We began our sustainability journey in 2017 with the identification of 18 material sustainability matters that were impactful to the Group’s business operations and stakeholders. Our inaugural report also included the establishment of a sustainability governance structure to effectively manage Tropicana’s EES risks and opportunities throughout our business operations. As we continued to improve on our data disclosure in the subsequent financial years, the Group has made considerable progress in aligning with international and national guidelines that emphasises the integration of environmental, social and governance (“ESG”) considerations into operational and strategic practices within an organisation. The latest milestone we achieved in FY2021 is the formulation of a Sustainable Development Plan that underscores our commitment to extend sustainability considerations beyond reporting requirements in the years to come. Building Commitment towards Sustainable Development 2021 2020 • • Described management approach towards COVID-19 pandemic • • Aligned business operations with relevant UNSDGs • • Established a Sustainable Development Plan • • Described management approach towards COVID-19 pandemic • • Continuous data collection of EES materiality matters • • Identified data trends based on baseline data Identifying Data Trends Enhancing Data Disclosure 2019 • • Collected quantitative data related to the Group’s EES performance • • Expanded data disclosure to include two (2) additional material matters 2018 • • Implemented reporting guidelines: --Bursa Malaysia Sustainability Reporting Guide --GRI Standards Selecting a Framework Inaugural Report 2017 • • Established a sustainability governance structure • • Created a materiality matrix through a vetted ranking process by external consultants Formally established in 2017, our sustainability governance structure serves as a driver to steer the Group towards our ESG aspirations. The Board of Directors (“The Board”), supported by our Sustainability Management Team, oversees and endorses sustainability-related initiatives that are the product of EES considerations across the organisation. Tropicana’s overall sustainability performance is measured and reported annually, based on the efforts of our Sustainability Steering Team who are tasked with implementing and monitoring the EES initiatives applied throughout our business operations. • • Responsible for the overall sustainability direction undertaken by the Group • • Ensures business strategy includes considerations to the Group’s material sustainability matters • • Endorses the Group’s Sustainability Statement as part of Tropicana’s annual reporting initiative • • Develops sustainability strategies and reports to the Board on the Group’s overall sustainability progress • • Provides leadership to ensure the Group’s sustainability agenda is implemented throughout our business strategies • • Reviews and approves policies, targets and market disclosures on sustainability matters • • Executes sustainability-related strategies and targets endorsed by the Board • • Ensures sustainable processes and controls are in place within the Group’s departments/functions • • Reports on the Group’s sustainability performance based on the implemented processes and controls via the Sustainability Statement • • Collects Group sustainability data to generate a Sustainability Statement for annual disclosure Board of Directors Sustainability Management Team Group Managing Director, Managing Director (Finance) and any Director-level representatives involved in sustainability development within the Group Sustainability Steering Committee Departments that are data providers to producing the annual Sustainability Report and executers of sustainability initiatives endorsed by the Board Roles and Responsibilities
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