In line with our commitment to creating the best value for our shareholders through sustainable growth strategy and business continuity practice, I am pleased to share Tropicana Corporation Berhad’s sustainability performance for the financial year ended 31 December 2023 (“FY2023”). This report shares detailed insight into our approach towards corporate responsibility from an environmental, social and governance (“ESG”) perspective. As we continue to deliver innovative and quality products that enhance stakeholders’ value, we are also progressing into our journey in creating a positive impact through our ESG best practices. OUR SUSTAINABILITY PILLARS Our sustainability strategy focuses on three pillars; People, Planet and Partnership. For FY2023, we are continuing our e orts based on these pillars to support our business strategy, as we constantly reviewing materials that matter to us. This year, we have reviewed and updated our materiality matrix to reflect sustainability matters that are relevant to our business and stakeholder interests. We acknowledge the importance of addressing ESG issues including the best approach to responding to the climate change issues. We have mapped out our short, medium and longterm ESG strategy with our aim to close the gap where it matters. For our support towards mitigating and adapting to climate change, we are taking steps to evaluate our climate change risk and opportunities, and this will influence how we deliver our developments and the way we operate. As we continue to grow our development portfolio, we remain cognisant of the direct impact our operations have on the surrounding environment. From responsible resource utilisation to strict regulatory compliance to environmental management practices, we exercise our due diligence and operate with careful considerations throughout the development stage and beyond. Beyond property development, we look to safeguard our employees as well as bring meaningful change to the surrounding communities in which we operate. We continue to support our workforce and construction workers by providing a safe workplace. Through the Tropicana Foundation, our committee continues to engage with the underprivileged communities and roll out various initiatives to show our support. We remain focused on strengthening Tropicana’s aspirations towards adopting sustainable practices via considerations applied to our Economic, Environmental and Social (“EES”) risks and opportunities. We aim to be a driving force in the property development industry, continue delivering quality homes and developments, and bring meaningful changes to society’s living standards by addressing our material sustainability matters. On behalf of the Board of Directors and Management team, we hope this report delivers an informative and balanced view of Tropicana’s sustainability performance for this financial year. CEO STATEMENT ONG CHOU WEN Chief Executive O cer Tropicana Corporation Berhad 67 TROPICANA SUSTAINABILITY STATEMENT
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