Sustainability is an integral component in MISC’s operations, from the way we conduct our business, manage our employees, reduce impact on the environment, deliver sustainable returns to our investors and shareholders, and strive to exceed the expectations of our customers, to the way we create positive impact for the local communities.
As a leader in our field, we recognise the importance of the role we play in the local and global industry. Industry stakeholders are increasingly concerned about sustainability practices and we will continue to respond to these expectations in parallel with our own ambitions towards sustainability. Focusing on sustainability will better position us to manage our nonfinancial risks, exploit opportunities for increasing efficiency, enter new markets, as well as enhance our reputation and position in our industry.
Our Sustainability Pillars
At MISC, the strategy is to focus on providing the best service and experience to all our customers – through stringent health and safety standards, operational responsiveness, and tailored solutions in order to exceed customer expectations.READ MORE
We strive to constantly create value and deliver sustainable returns to our shareholders and investors, through the strengthening of the Group’s core businesses and capitalising on growth opportunities in the future.READ MORE
Sound internal controls are established to complement business policies and uphold good governance practices. This is fundamental towards not only winning the confidence of investors, but are also prerequisites to achieving the Company’s objectives of enhancing and protecting long-term shareholder value.READ MORE
In line with our mission to promote individual and team excellence, we are committed towards improving employee competency and skill levels, as well developing leadership capabilities so that our employees are able to successfully tackle business challenges head on.READ MORE
Our approach towards mitigating our environmental impact has been captured in the Group’s Mission, one of which is ‘to care for the environment and operate responsibly’. Operating in a responsible manner and minimising impact on the environment is key to the way business is managed at MISC.READ MORE
In support of our mission ‘to create a positive difference to the lives of communities’, our primary focus in on value creation through the provision of education and career opportunities through the Group’s maritime academy, ALAM, and also through the various community outreach programmes carried out.READ MORE
Guidelines for sustainability reporting
The content of this report is shaped by the recently endorsed MISC Sustainability Strategy, which represents our identified sustainability pillars of Customers, Shareholders, Governance & Business Ethics, Employees, Environment and Community. The identified material issues relevant to our stakeholders and the Group have been encapsulated within the strategy.
Sustainability Report 2013
MISC Berhad’s Sustainability Report 2013 is our first stand-alone sustainability report to provide stakeholders with an overview of the Group’s strategies, commitments and performance with regard to business sustainability.