for everyone, and this is done through various campaigns and initiatives, tied to the MISC Behavioural Safety (BhS) Campaign launched in 2015. The campaign is an ongoing five-year programme focusing on various aspects of office safety, health and wellness of our employees and environmental awareness. Environment Shipping operations that maintain a healthy environment are of benefit to the greater human good and the shipping industry as a whole, particularly as awareness grows with respect to climate change and the need for ‘green credentials’. Although the shipping industry accounts for 90% of global trade transportation, it only emits about nearly 3% of the total greenhouse gas (GHG) emissions. However, research estimates that the industry will be doubled in 2050, as will the GHG emissions. Hence, we ensure our diligence in taking a proactive approach in the management of our environmental footprint including emissions mitigation. The Group has proactively rolled-out the MISC Corporate GHG Monitoring, Reporting and Verification (MRV) Procedure for all its business units. Apart from that, the Group has also undertaken various initiatives to reduce emissions from our operations including carrying out close monitoring of our vessels’ energy performance, retrofitting vessels with fuel saving technologies and optimising voyage efficiency through operational best practices. Additionally, we have continued to strengthen our practices on waste management and to reduce, recycle, recover and re-use wastes wherever feasible. All of these on-going initiatives are in place to support MISC’s mission to care for the environment and to operate responsibly. Employees The MISC Group employs approximately 9,000 staff globally, both sea and shore, f rom va r i ous backg rounds and nationalities. Our mission is to promote individual and team excellence of our employees and we strive to achieve this by developing internal capabilities through various developmental programmes. We believe that equipping our employees with the right functional and leadership skills are important to help them excel at the workplace and also develop their ability to be able to successfully tackle business challenges head on. 2016 also saw the launch of MISC Cultural Beliefs, with the objective of promoting cohesiveness, empowerment and unity amongst our employees, through a common set of values, individually and collectively, with respect to embedding the organisation’s value system and to carry through these beliefs in our day to day function and operations. A series of Cultural Beliefs Workshop for all MISC employees was organised throughout the year, which was attended by the President/Group CEO and essentially provided an engagement platform between employees and the President/Group CEO. We also strive to create a highly engaged workplace with an emphasis on performance and excellence through s e v e r a l o rg a n i s ed e ng a g eme n t programmes which includes quarterly Employee Townhalls, celebration of festive seasons, Family Days, Long Service Awards and Annual Dinners for the Group’s shore and sea employees. The Safety and Health of our employees is paramount to the Group, especially due to the nature of work carried out. The Group is committed to providing a safe and healthy working environment MISC BERHAD • Annual Report 2016 120 SUSTAINABILITY STATEMENT
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