MISC - Annual Report 2014

SUSTAINABILITY AT MISC The year under review marked the end of a period of business rationalisation for the Group. In spite of having to make difficult decisions, this period allowed for the Group to refocus its energies and to examine the vision and mission of the organisation with sustainability being the key driver. We believe that this renewed focus on sustainability, by strengthening our core business areas and business practices will only help propel us into the future. Since the publishing of MISC’s inaugural Sustainability Report 2013 last year, we have been steadily refining the tools, processes and reporting mechanisms internally, towards helping achieve our goals. The publishing of MISC’s inaugural s u s t a i nab i l i t y r epo r t wa s a k e y milestone; an opportunity for us to showcase our non-financial performance to our stakeholders, and to also be recognised for our achievements. It was a momentous occasion for the Group when MISC was named the Winner for Best First-Time Reporting at the ACCAMaSRA Awards on 26 November 2014. Apart from being commended for sustainability reporting, MISC was also included as an index constituent in the FTSE4Good Bursa Malaysia Index which acknowledges Malaysian companies who have met globally recognised standards of demonstrating good Environmental, Social and Governance (ESG) practices. MISC is now poised for growth and is more financially stable than ever. Our current aim is to grow and leverage on opportunities that come our way. The principles of sustainability will continue to guide our decisionmaking processes in the aspects of Marketplace, Workplace, Environment and Community as we plan ahead for the future. The challenge that lies ahead is for us to do this cohesively and to ensure that all our efforts are complementary to achieve our ultimate goal of sustainability. SUSTAINABILITY WORKPLACE COMMUNITY MARKETPLACE ENVIRONMENT Partnerships with stakeholders to support and boost the marketplace Actively mitigating environmental impact and climate change Continuously developing and enriching our human capital at sea and ashore Investing in education and youth development as part of nationbuilding MISC BERHAD - Annual Report 2014 p 94 SUSTAINABILITY REPORT

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