Tropicana’s material sustainability matters are reviewed annually for their relevance to our business operations and stakeholder interests. Our materiality matrix was generated using guidelines presented in the Global Reporting Initiative (“GRI”) standards as recommended in the Bursa Malaysia Sustainability Reporting Guide (3rd edition). Throughout the reporting period, we undertook an internal reassessment of the material matters to update our materiality matrix to reflect sustainability matters that are of utmost importance and relevant to the business as well as key stakeholders. 01 PRIORITISATION The Group identified and ranked a total of 20 material sustainability matters that best reflect the priorities of our stakeholders and business operations 02 REVIEW All material sustainability matters are subjected to an annual review for their relevance by the Group’s Sustainability Management Team to be disclosed in the annual report 03 APPROVAL Data disclosure of material sustainability matters in the Sustainability Statement will be approved and endorsed by the Risk Management & Sustainability Committee and Sustainability Management Team OUR MATERIAL SUSTAINABILITY MATTERS Materiality Prioritisation & Review Process Validation & Approval Material sustainability matters from the previous year were reviewed and updated to account for the Bursa Malaysia Sustainability Reporting Guide (3rd Edition) requirements. The updated materiality matrix was then presented to the sustainability steering committee and management team for endorsement and validated by Tropicana’s Board of Director The materiality updates highlighted several changes as shown below: • Energy E ciency and Climate Change • E uent and Pollution Management • Employee Management and Well-Being Existing material matters (shift in priority) • Innovation and Technology (Low to Medium) New materiality added: • Brand and Reputation • Corporate Governance and Guidelines 78 ANNUAL REPORT 2023
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