MISC Annual Report 2019

71 70 OUR VALUE CREATION STORY MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019 Delivering Our Strategy KPI 2018 RESULT 2019 RESULT COMMUNITY INVESTMENT THEMES COMMUNITY INVESTMENT THEMES ASPECTS ASPECTS BENEFIT TO COMMUNITIES BENEFIT TO COMMUNITIES MATERIAL MATTERS MATERIAL MATTERS *RELEVANCE TO STRATEGIC PRIORITIES *RELEVANCE TO STRATEGIC PRIORITIES UNSDG UNSDG REFERENCE TO OTHER SECTION REFERENCE TO OTHER SECTION RM1,284 million 100% (LNG) 99% (Petroleum) 98% 1 0 0.07 0.22 2.3:1 1:1 2.2:1 1.6:1 0 0 0.10 0.27 99% RM1,436 million Biodiversity conservation Education Waste management Healthcare and water conservation Safety and infrastructure Climate change • Marine (coral reef) conservation, Ocean plastics • “Back to School Programme” - Assistance for school for underprivileged • Cadet scholarships • Art of science • Beach cleaning • “AET Travels the World” campaign to raise money for WaterAid • Pasir Gudang emergency preparedness and response • Global Maritime Forum (GMF) • Support communities to have better access to education resources • Preventing pollution to the seas • Help communities to have better access to clean water and sanitation • Support the local agencies to provide a safer environment • Collaborate with the maritime community through partnership with GMF in shaping the future of the seaborne trade which focuses on climate action, digitalisation and safety • Increase socio-economic status of the local community • Conservation of marine biodiversity • Sustainable tourism • Ocean health • Employee engagement • Employee engagement • Skilled workforce • Employee engagement • Digitalisation and innovation • Ocean health • Employee health • Health and safety • Climate change • Digitalisation and innovation Operating Safely and Sustainably pages 147 to 148 Marine and Heavy Engineering page 113 Maritime Education and Training page 126 Integrated Marine Services page 118 Marine and Heavy Engineering page 113 Operating Safely and Sustainably pages 147 to 148 Petroleum & Product Shipping page 100 Marine and Heavy Engineering page 113 Stakeholder Engagement pages 72 to 75 Biodiversity conservation • Mangrove conservation (Eco-Knights) • Protect shorelines by slowing erosion and providing natural barriers for coastal communities • Climate change • Employee engagement Marine and Heavy Engineering page 113 • Turtle conservation • Ocean health Port Management & Maritime Services page 123 Integrated Marine Services page 119 OTHER KEY PERFORMANCE INDICATORS AND RESULTS Financial 1. Net Profit After Tax (NPAT) 2. Net Cash Flow from Operations for the year Operations 1. Vessel availability 2. Vessel utilisation 3. Offshore floaters uptime HSSE 1. Number of fatalities 2. Number of pollution 3. LTIF 4. TRCF PEOPLE DEVELOPMENT 1. Succession planning a. Management committee position b. Critical positions We understand that as a responsible corporate citizen, investing in our communities will help to achieve a positive social impact. On top of ensuring that our community investments benefit the communities, our investments are also aligned to our strategic business context and the broader UNSDG, as depicted in the table below: COMMUNITY INVESTMENT PROGRAMME *Relevance to strategic priorities: high moderate low *Relevance to strategic priorities: high moderate low USD900 million USD800 million (with another USD300 million announced in February 2020) Strategic Initiative 1. CAPEX in new projects that generate secured and recurring income 100% (LNG) 98% (Petroleum) 98% (LNG) 100% (Petroleum) 100% (LNG) 99% (Petroleum) RM4,099 million RM5,579 million