MISC Annual Report 2017

49 Strategy & Performance SUSTAINABILITY@MISC SUSTAINABILITY STRATEGY UPDATES 2020 TARGETS PROGRESS 2018 NEXT STEPS 9. Environmental performance targets for Carbon/Key Emissions and Waste and established Biodiversity programmes : • To achieve reduction in our carbon footprint/key emissions and waste against set targets. • A sustainable and long-term biodiversity conservation programme run successfully and sustained as part of the company’s agenda. • Carbon commitment, carbon intensity reduction targets and strategy for our shipping operations were established and endorsed (the following targets are to be achieved by MISC’s fleet in year 2020 from a baseline in 2016: LNG – 6%; Petroleum – 9% and Product – 1%). • Continue the implementation of the compliance plan for Clean Air Regulations (CAR) for MISC’s non-shipping entities. • European Union (EU) Monitoring Reporting & Verification (MRV) monitoring plan has been prepared and verified by an accredited third party. • Waste assessment of non-shipping operations is in progress to identify key opportunities for 4R (Reduce, reuse, recycle, recovery). • Carried out feasibility assessment on Biodiversity Conservation Programmes. • Implementation of the Greenhouse Gas (GHG) reduction strategy. • Monitoring and reporting of carbon performance for the MISC fleet in accordance to regulatory (EU and IMO MRV) as well as corporate requirement. • Enhance process for hazardous waste characterisation. • Enhance the implementation of waste separation and 4R programmes. • Development of action plan for MISC’s biodiversity conservation programmes. 10. Environmental consciousness : Well-informed and empowered employees on environmental awareness and consciousness. • Established a baseline study on paper use and purchase as part of the paper reduction campaign. • Established Plastic and Polystyrene awareness campaign and disseminated information on the harmful effects of these materials through various platforms. • Continuation of campaign on paper reduction and plastic & polystyrene which has been incorporated as part of the recently approved 2018 b-HSSE plan under the 4R programme. • The campaigns will be focused on enhancing knowledge, understanding and cultivate the appropriate behaviour. • Plan and develop Energy Efficiency campaign to reduce energy usage. MISSION OBJECTIVES To care for the environment and operate responsibly. • Carbon • Biodiversity • Waste Operat i ng i n a respons i ble manner and m i n i m i s i ng i mpact on the env i ronment where poss i ble , i s key to the way bus i ness i s managed i n MISC. We are proact i vely manag i ng our env i ronmental footpr i nt , focus i ng on carbon /key em i ss i ons , waste (hazardous and non-hazardous) and b i od i vers i ty , as well as i nculcat i ng env i ronmental consc i ousness amongst our employees. Environment