Material Matter Description Sustainability Strategic Priorities Related UNSDGs Health and Safety Continued safety and health of employees, assets and our cargo Social Pillar – Health and Safety Values, Governance and Business Ethics Conducting ourselves with the highest standard of integrity and embedding good corporate governance and business ethics Governance Pillar – Values, Assurance and Business Ethics Business Knowledge Increased business knowledge and employees’ expertise Financial Pillar Human Rights Human rights management on employee, contractors, supply chain, security and community well-being Governance Pillar – Values, Assurance and Business Ethics Financial Performance Fluctuating prevailing economic conditions and market sentiment Financial Pillar Climate Change Accelerated demands to combat climate change, reflected in the International Maritime Organisation’s (IMO) GHG initial strategy (IMO 2030 and IMO 2050) for the shipping sector in 2018 Environment Pillar – Towards Decarbonisation Energy Management Managing and reducing fossil-fueled energy consumption of our vessels, buildings and yard operations and switching to alternative fuels or renewable energy Environment Pillar – Towards Decarbonisation Natural Resource Use Operating in a responsible manner to reduce our environmental footprint Environment Pillar – Promoting Circular Economy Sustainable Supply Chain Ensuring suppliers are on track with their sustainability agenda towards fully integrated ethical and environmentally responsible practices aligning with low-carbon and circular economy business models Governance Pillar – Responsible Supply Chain Our contributions to the UNSDGs were mapped according to the sustainability material topics. CREATING BUSINESS VALUE We use the results of our materiality assessment to: Align our Sustainability Strategic Priorities with our material matters and relevant UNSDGs Guide us on the disclosure topics in our annual reporting Reinforce the linkages between ESG risks, opportunities and corporate purpose Guide us in setting our sustainability-related targets and commitments OUR MATERIAL MATTERS On economy, environment and people EXTERNAL IMPACT RISK & OPPORTUNITIES Internal Impact on enterprise value creation High Materiality Medium Materiality Highest Materiality SUSTAINABILITY MATERIALITY MATRIXRESULTS OF SURVEY Health and Safety Climate Change & Energy Management Values, Governance and Business Ethics Business Knowledge Human Rights Financial Performance Natural Resource Use Sustainable Supply Chain Ocean Health & Air Emissions Waste Management Security Talent Attraction Diversity and Inclusion Digitalisation Cybersecurity Water Management Community Investment Refer to Prioritising What Matters Most section in our Sustainability Report for more details on our material matters and how we mapped it with our Sustainability Strategy and UNSDGs. Strategic Review Strategic Review 59 58 MISC Berhad Integrated Annual Report 2022
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