MISC Annual Report 2017

39 Strategy & Performance S i nce we began tak i ng a more focused approach towards manag i ng our susta i nab i l i ty performance t hese last few years, we have made good progress. Our key susta i nab i l i ty m i lestones and ach i evements i nclude : SUSTAINABILITY@MISC SUSTAINABILITY MILESTONES 2014 2012 MISC SUSTAINABILITY FRAMEWORK Development of MISC Sustainability Framework, which sets out the commitment/ principles to sustainability that takes into account the most material issues for us. 2012 2015 2015 2016 2016 2017 2017 SUSTAINABILITY STEERING COMMITTEE (SC) Representation of key individuals from across the Group, with the purpose of providing valuable inputs and direction to assist the Group in achieving its sustainability objectives. BURSA MALAYSIA CAP 1 0 SUSTAINABILITY SYMPOSIUM MISC’s President/Group CEO was invited to address regulators, the investor community and other public listed companies at the Bursa Malaysia CAP10 Sustainability Symposium in October 2015, on the subject of “The value of sustainability practices and reporting to stakeholders”. REFRESHED VISION & MISSION STATEMENTS The incorporation of sustainability elements into our revised Mission Statements for the Group to demonstrate our commitment towards sustainable value creation for each stakeholder group. The Mission Statements will underpin our efforts as we work towards achieving the Group’s Vision. ACCA MASRA 2016 SHORTLIST The MISC Sustainability Report 2015 was shortlisted for the prestigious ACCA MaSRA Awards under the ‘Best Standalone Report’ category. MISC SUSTAINABILITY STRATEGY The five-year MISC Sustainability Strategy was officially endorsed and approved in December 2016. The strategy will essentially act as our roadmap to guide us further in conducting business as a responsible corporate citizen. FTSE4GOOD BURSA MALAYSIA ESG INDEX MISC maintains its position in the FTSE4Good Bursa Malaysia Index with its highest score since inception in 2014 and currently in our fourth year running with an improved score annually. We have been progressively enhancing our efforts in championing the sustainable development agenda and this achievement reflects the constant improvement we have made in adhering to good ESG practices. ACCA MASRA 2017 SHORTLIST MISC’s Sustainability Report 2016 themed ‘Dynamic. Resilient.Synergistic’, was recognised amongst the best sustainability reports in Malaysia, when it was shortlisted at the ACCA MaSRA Awards. 2014 FTSE4GOOD BURSA MALAYSIA ENVIRONMENT, SOCIAL & GOVERNANCE (ESG) INDEX Became a constituent of the FTSE4Good Bursa Malaysia ESG index since its launch in December 2014, with an improved overall score each year since the launch of the index. This is in recognition of our leading approach in addressing ESG issues amongst Malaysian public listed companies. ACCA MASRA 2014 - BEST FIRST-TIME REPORTING AWARD Following MISC’s inaugural standalone Sustainability Report published in 2014, we were proud to have been named the Winner for Best First-Time Reporting at the ACCA Malaysian Sustainability Reporting Awards (MaSRA) 2014 . 2017 MISC SUSTAINABILITY STRATEGY ROLLED-OUT Formal roll-out and implementation of the various programmes and initiatives of each pillar under the MISC Sustainability Strategy. The progress of these are tracked, measured and managed based on our internally developed frameworks and systems.