OUR COMMITMENT

Workers Lifestyle Group has commenced developing an environmental, social and governance (ESG) strategy to improve our corporate social responsibility. Workers Lifestyle Group recognises the importance of ESG considerations and the comprehensive strategy will maximise long-term performance of the group in an ethical and responsible manner. As the world becomes increasingly aware of environmental, social, and governance (ESG) factors, companies that prioritise sustainable practices are well-positioned for long-term success.

To achieve this goal, Workers Lifestyle Group has started conducting a thorough analysis of its operations, strategy and supply chain to identify areas where we can reduce our environmental impact, improve our membership engagement, community relationships and enhance governance practices. In addition to

Our

enhancing our own sustainability practices, Workers Lifestyle Group is also looking for ways to continue creating positive social and environmental impacts in our local area. For example, we are exploring the use of renewable energy sources to power our facilities, integrating ESG factors into new development projects, and increasing methods to be more energy-efficient and eco-friendly.

Workers Lifestyle Group will continue to engage with stakeholders, including employees, members, suppliers, the community we operate in, and customers we serve to better understand their expectations and concerns around sustainability over the coming year. Based on this research, we will develop a clear set of ESG goals and metrics to track our progress over time. The outcome of this work will be an annually published ESG Report to be produced in line with our Annual Report.

By considering applicable ESG factors in everything that we do, we aim to identify and address risks and create value, through the assessment of the factors:

• Corporate governance and oversight

• Risk management

• Compliance

• Anti-money Laundering

• Conflict of Interest

• Transparency (including financial and operational reporting)

• Anti-bribery and anticorruption controls

• Social License to Operate

• Diversity, equity and inclusion

• Human rights and modern slavery

• Employee health and safety

• Labour relations and practices

• Product quality and safety

• Reconciliation Action Plan

• Membership engagement and experience

• Community support (Audited value of $3m)

• Waste, water and energy

• Air pollution

• Energy management and efficiency

• Land use

• Climate risk

• Sustainable development practices (biodiversity conservation, material selection and construction methodology)

• Environmental rating (e.g. NABERS targets and Carbon Neutrality)