In a continuously ever-changing global business environment, it is very important that we operate our business in a consistent manner and are cognisant of the international developments that apply to us today regarding good governance, business ethics and conduct. We believe a strong Corporate Governance framework and process is paramount and the principles and codes in place help us achieve our business objectives while adhering to best practices. Matters concerning governance and ethics are taken very seriously at MISC, where we are committed to ensure they form the foundation of which we operate our business.
To maintain a sustainable governance and business ethics framework
Transparency & trust
Our 2020 Targets
Business ethics and ethical conduct embedded as a cultural component within the organisation
- There has been no incidences of staff disciplinary or dismissal actions due to non-compliance to MISC CoBE and ABC policies.
- MISC Group Compliance and Ethics Programme was approved and rolled out in 2016.
MISC is committed to ensuring that a high standard of corporate governance is applied throughout the Group. Our approach to corporate governance takes into consideration the principles of corporate governance and best practices recommendations as laid out in the Malaysian Code of Corporate Governance 2012 (the Code), and the requirements of the Main Market Listing Requirements (MMLR) of Bursa Malaysia Securities Berhad (Bursa Securities), besides being guided by the Corporate Governance Guide issued by Bursa Securities.
Business Conduct & Ethics
We have put in place principles and codes that help us to achieve our business objectives while adhering to best practices, in line with the Mission to maintain a sustainable governance and business ethics framework, and aligned to the endorsed Governance and Business Ethics Strategy under the MISC Sustainability Strategy. We take these values seriously and enforce them both internally within our organisation and with all whom we conduct business with.