Category Archives: Materiality Matters

MANAGING RISKS

In any initiative, its long-term benefits notwithstanding,  poses a potential risk to the company in terms of business  opportunities and financial performance. For the Group, this  is amplified by the nature of our business, which capitalises  on land and environmental aspects, as well as technological  advancements. Through stakeholder engagement, we continue to address  and disclose…
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SUSTAINABILITY STRATEGY, RISKS AND TARGETS

Based on the recent Materiality Matters, TDM will develop strategies, identify risks and subsequent mitigation, and set targets  based on long and short-term goals which will be disclosed in the next reporting year.  
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VALIDATION

The Company reviewed the results of the Materiality Assessment with the independent consultant. Upon review, it was decided  to include the highest ranked materiality matter from the Environment pillar (Waste Management) to replace the lowest ranked  Social matter (Eliminating Child and Compulsory Labour) from among the 10 most material matters. This decision was made on…
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TDM’S MATERIALITY MATRIX

    From the Materiality Matrix, the 10 most material matters included three under the Economic pillar and seven under the Social  Pillar but did not include any matters from the Environment dimension.
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DEVELOPMENT

Survey responses from both sets of participants (stakeholders/Board and management) were collated and averaged to  produce respective scores for each materiality matter. No consideration or weightage was given to the number of  responses from each stakeholder group in calculating the  average score. Despite this limitation, this exercise does  not need to be empirical and is…
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