Focus Area Material Sustainability Matters Importance to Tropicana Involved Stakeholder(s) Potential Risks and Opportunities to Group Operations Relevant UNSDG ECONOMIC PILLAR Economic Performance To achieve long-term business growth that benefits current and future stakeholders. • Board of Directors • Investing Communities Risk Opportunities • Evolving consumer trends and regulatory changes • Value creation through innovative development Procurement Practices To ensure transparency, fairness, accountability and impartiality throughout the entire procurement process. • Suppliers Risk Opportunities • Disruption to global supply chain • Uplift local suppliers market ENVIRONMENT PILLAR Environmental Compliance To minimise environmental impact via compliance and legislative requirements throughout the Group’s supply chain. • Government • Suppliers • Customers Risk Opportunities • Resource use during development • Safeguard the environment through compliance Energy Efficiency To create awareness on responsible energy consumption practices and contribute towards minimising carbon emissions. • Government • Suppliers • Customers • Investing Communities Risk Opportunities • Resource use and carbon emission • Innovative technology to reduce emissions SOCIAL PILLAR Products and Services Responsibility To continuously improve the quality of our deliverables and enhance services that exceed the expectations of our customers. • Board of Directors • Customers • Investing Communities Risk Opportunities • Customer satisfaction • Value creation through enhanced brand reputation Employee Management To develop a balanced and productive workforce that represents the Group in an exemplary manner while achieving job satisfaction. • Board of Directors • Employees Risk Opportunities • Welfare of employees • Fair practices and equality Talent Development To promote a continuous learning environment that enhances the employability of our workforce and provide value-added services to our stakeholders. • Employees Risk Opportunities • Brand knowledge and upskilling • Encourage career development and service excellence Occupational Safety & Health To protect the wellbeing of our workforce and ensure the safety of all stakeholders are maintained. • Board of Directors • Suppliers • Government • Customers • Employees Risk Opportunities • Workplace health and safety conditions • Safeguard the welfare of employees and general public Contractor Management To engage with contractors with values and principles that are aligned to the Group's production outcomes to ensure market demand and expectations are met. • Suppliers • Government Risk Opportunities • Construction practices • Cost optimisation and high quality development Community Engagement To encourage the culture of giving back while endorsing harmonious living that uplifts the wellbeing of wider societies. • Customers Risk Opportunities • Impact of development in surrounding community • Improve livelihood of the community We selected our top 10 material sustainability matters to be presented in this Sustainability Statement as part of our commitment to disclose the Group’s sustainable development progress for the financial year ending 31 December 2021 (Page 102). These key material sustainability matters provide a balanced insight on our economic, environmental and social (“EES”) risks and opportunities that drives our business operations and considerations applied to meet the expectations of our stakeholders. JOURNEY TOWARDS SUSTAINABILITY OUR MATERIAL SUSTAINABILITY MATTERS To add value to the material sustainability matters data we disclose, we align each material sustainability matter with relevant stakeholder groups and present the potential risk and opportunities to Tropicana’s operations. 52 53 Annual Report 2021 TROPICANA CORPORATION BERHAD STRATEGIC REPORT
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