Overview
The governance of sustainability issues and matters is a fundamental consideration, as we continue our efforts in embedding sustainability principles into our decision-making process and operations as a whole. We seek to fulfil our responsibilities and commitments to our five key stakeholders – Customers, Shareholders, Employees, Environment and Community – via progressive governance and management practices and the MISC Sustainability Strategy.
This is supported by a multi-pronged approach through the Management Committee (MC), the MISC Group Health, Safety, Security & Environment (HSSE) Council and the Sustainability Working Committees (SWCs). Working committees have been set up for each of the six sustainability pillars (Customers, Shareholders, Governance & Business Ethics, Employees, Environment and Community), with specific focus on ensuring the successful delivery and implementation of the respective strategies and initiatives for each pillar.
This cross-functional approach is required to coherently address and manage sustainability matters and identified material issues arising across all our businesses and location of operations. Collaboratively, these committees are involved in decision-making processes and in setting the tone for our sustainability direction and initiatives, as well as addressing risks, communication and stakeholder management.
Additionally, in support of the overarching sustainability governance process, the Group and the various businesses within have various internal and external mechanisms and systems in place for the management of specific sustainability related matters. We are continuing our ambitions to streamline these practices into a more cohesive and holistic approach.
The following table highlights some of the policies and systems in place that supports the sustainability governance process and the management of specific sustainability related matters.
Categories | Relevant policies and guidelines |
Governance and Business Ethics |
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Health, Safety, Security and Environment |
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Employees |
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