Governance & Business Ethics

Overview

In a continuously ever-changing global business environment, it is very important that we operate our business responsibly and in cognisant of the international developments that apply to us today regarding good governance, business ethics and conduct. We believe a strong Corporate Governance framework, principles and process is of paramount importance to 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.

Strategy

As a company with a vast global outreach that operates across markets and cultures, conducting ourselves with the highest standards of integrity is a key priority of MISC. Our strategic approach is focused on embedding business ethics and ethical conduct as a cultural component within the organisation, as we aspire to achieve excellent financial and operating results whilst adhering to the highest standards.

Mission

To maintain a sustainable governance and business ethics framework

Objectives

Transparency & Trust

Our 2020 Targets

Business conduct & ethics:
Business ethics and ethical conduct embedded as a cultural component within the organisation

Board oversight on sustainability:
Formal inclusion of sustainability on the Board agenda

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Our Approach

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 practice recommendations 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. 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 & Business Ethics Strategy under the MISC Sustainability Strategy.

Corporate Governance

Business Conduct & Ethics

Initiatives

Say NO to Sexual Harassment at Workplace

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Policies & Guidelines

Related policies and guidelines on our Governance & Business Ethics are outlined in our Corporate Governance and Compliance & Business Ethics section.