CSE Global Limited - Annual Report 2024

78 CSE Global Limited 2024 SUSTAINABILITY REPORT 2. BOARD STATEMENT Dear Stakeholders, We are pleased to present CSE Global Limited (“CSE” or the “Company”) and its subsidiaries’ (together as the “Group”) annual sustainability report for the financial year ended 31 December 2024 (“FY2024”). This year, the world experienced record-breaking temperatures and an increase in extreme weather events. These climate challenges highlight the urgent need for decisive action, reinforcing our commitment to climate resilience and sustainability. At CSE, we recognize the critical role we play in driving meaningful change and accelerating climate action across our operations. We continue to place a strong focus on sustainability as a core part of our corporate strategy as it is our belief that building a sustainable business is fundamental to our continued success. The Board oversees the management and monitors sustainability governance, operations and material sustainability matters relating to our business. We strive to continuously deliver positive ESG outcomes to our stakeholders and achieve long-term economic value. Throughout the year, we strengthened our ESG initiatives, taking meaningful steps toward building a more sustainable business. This marks our third year of aligning with the Task Force on Climate-related Financial Disclosures (“TCFD”) framework, and we are committed to further enhancing our climate-related disclosures to meet the International Sustainability Standards Board (“ISSB”) standards, as required by SGX. We continue to take a proactive approach to managing our environmental footprint and improving energy efficiency. Despite our business expansion, we successfully reduced our Scope 1 and 2 emission index by 12% compared to FY2023. Guided by the principles laid out in our Corporate Sustainability Policy and Environmental Policy, we continue to advance our sustainability efforts and work towards building a sustainable business. We believe that it is our responsibility to ensure sustainable practices are embedded throughout our supply chain. As global calls for climate action grow, we are determined to continue to push new boundaries in areas of ESG and work closely with stakeholders to build a more sustainable and resilient future. On behalf of the Board of Directors, LIM BOON KHENG Group Chief Executive Officer

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