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SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 129

Climate Action & Net Zero Ambition

As part of MSM's commitment to operate responsibly through our positive actions, MSM is accelerating its ambition to
strengthen its strategy and commitment on reducing its carbon footprint in line with Malaysia's aim of achieving carbon
neutrality by 2050 (as announced under the 12 Malaysia Plan in September 2021). We are exploring alternative energy
th
reduction initiatives to improve our energy efficiencies and will review our own GHG inventory comprehensively,
set baselines and enhance our goals towards the net zero ambition. With the recent announcement by the Environmental
and Water Minister in December 2021, Malaysia is making way for a voluntary carbon market and a domestic emissions
trading scheme, MSM will also consider opportunities on carbon trading within the FGV Group.
Refer to page 139 for details on our Climate Change and Greenhouse Gas Emissions and on page 138 on our Near Future
Energy Initiatives

Promote Consumer Benefits and Good Health Practices

As part of MSM’s aim to enhance its business priorities from FY2022 onwards, MSM aims to focus on promoting healthier
lifestyle options and be steadfast on its promise to deliver mindful practices. On the consumer front, expanding on the existing
“Go 1/2” and “Go Natura” products for its health conscious customers are on the horizon. MSM is also exploring initiatives via
various platforms to encourage and educate its consumers on the benefits and use of “Sugar in Mindful Ways” .

The next sections of this report provide the overview and
analysis on how we currently approach each of the topics on
the respective topics ESG topics in FY2021.

ESG Material Topics

Environment

• Resource Management

Social

• Economic Impact
• Operational Performance
• Service & Product Quality
• Talent Management
• Occupational Health & Safety
Performance

Governance

• Governance