Climate Change Resiliency
Commitment to adapting, withstanding and recovering from the impacts of climate change and promoting climate awareness and preparedness among stakeholders.
Why It Matters to Us
Climate change is an urgent global concern that we cannot ignore. We are already experiencing its impacts, such as frequent heatwaves and flooding, in Malaysia and other countries where we operate. Our business is connected to the wellbeing of the planet, and extreme weather events can impact the sport and affect our business as a golf equipment retailer. Should climate change escalate, the global supply chain of golf products might be disrupted, and golf might also no longer be prioritised, increasing costs and making golf less accessible. Insufficient climate action by MST Golf could lead to reputational damage, regulatory compliance risk, operational inefficiencies and stakeholder dissatisfaction. It could also affect our business viability, especially if there is a shift in market demand for sustainable products and services. The absence of mitigation measures could result in supply chain disruptions, increased operational costs and worsening of climate change, impacting the golf industry. Thus, climate change drives our sustainability efforts, and we must prioritise it in our decision-making processes. To build climate resilience, we must adapt to climate change and collaborate with our stakeholders to reduce negative environmental impacts.
Key Strategies
01
02
03
Initiative Highlights
In The Pipeline
Risk and opportunity assessment on climate change
Set short-, mid-, and long-term climate change resiliency targets and plans
Conduct more climate change resiliency training for staff
Host more sustainability campaigns and partnerships with stakeholders