Materiality and Stakeholder Engagement The identification of material issues is very much aligned to the development of our strategic sustainability approach which included benchmarking with international peers and understanding of stakeholder expectations through various engagement activities. The identification and prioritisation of issues were enabled through the conduct of specific workshops involving key representatives from across the Group. At MISC, we engage with various stakeholder groups, from industry regulators to members of the local communities in both formal and informal settings. Hence, various methods of engagement are required to handle specific areas of interest. Engagement with stakeholders are conducted on a regular basis and as and when required, meeting each stakeholder group at least once a year. Further details of materiality and stakeholder engagement will be disclosed in our Sustainability Report 2016. Guided by the MISC Mission Statements and sustainability strategy pillars, the Group seeks to fulfill its responsibilities and commitments to its five key stakeholders. Sustainability Governance Sustainability elements were incorporated into the MISC Board Charter, as a way of ensuring sustainability matters are managed at the highest level. This is supported by a cross-functional approach through the Management Committee (MC), the MISC Group Health, Safety and Environment (HSE) Council and the Sustainability Steering Committee (SC). This approach is required to coherently address and manage sustainability matters and identified material issues arising, across all our businesses and location of operations. Together, these committees are involved in decision making processes, setting the tone for our sustainability direction and initiatives, as well as addressing risks, communications and stakeholder management. Management Committee Group Health, Safety and Environment Council Sustainability Steering Committee MISC BERHAD • Annual Report 2016 118 SUSTAINABILITY STATEMENT
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