Material topics were reassessed, to align with business strategy and key impact areas, through a consideration of relevant standards and stakeholder input. A comprehensive risk and opportunity assessment was also conducted to support streamlined progress toward sustainability goals. (See page 53 for material issues and page 56 for stakeholders.)

ESG governance was restructured through the establishment of a dynamic, regularly convening ESG Council reporting to the CSR & ESG Committee. During the current year, ESG Council conducted the materiality reassessment exercise and finalised the 5-year ESG roadmap to achieve the identified targets.

An ESG roadmap was developed to define key milestones and track progress toward stated goals. Progress will be closely monitored through our strengthened governance framework, with continued disclosure of performance on material issues in future reporting cycles.

Steps are being taken to progressively reduce the environmental impact of operations, with a focus on accelerating the transition to renewable energy to minimise the carbon footprint amid operational growth. (See pages 82–86 for details on environmental initiatives.)

Efforts are underway to strengthen impact-driven performance by prioritising metrics with the greatest potential for positive change. Accordingly, we have started tracking significant categories of Scope 3 emissions this year and have disclosed them in this report (See page 171 for details on Scope 3 emissions.)

Regular internal audits and external assurance are conducted to ensure regulatory compliance and alignment with strategic objectives. This marks the second consecutive year of reasonable assurance on BRSR Core Indicators. Furthermore, in FY 2024–25, the scope of assured GRI indicators has been expanded compared to the previous year. (See page 105-108 for the assurance statement.)