Material Matter Description Sustainability Strategic Priorities Related UNSDGs Ocean Health Ocean health and pollution prevention strategies to reduce impacts on ocean biodiversity Environment Pillar – Biodiversity Conservation Air Emissions Monitoring air emissions from our vessels and yard operations to ensure they do not exceed statutory limits Environment Pillar – Towards Decarbonisation Waste Management Responsible management of waste generated from our operational activities Environment Pillar – Promoting Circular Economy Security Security protection of our people and assets from physical actions, intrusions and other events and threat actors as well as accidents and natural disasters, such as fires, floods, earthquakes and severe weather Social Pillar – Health and Safety Talent Attraction Establishing a sustainable talent stream across all job levels to provide seamless leadership and talent succession planning Social Pillar – Talent Excellence Diversity and Inclusion Employing a diverse workforce that promotes an open-minded culture and encourages new ways of thinking Social Pillar – Talent Excellence Digitalisation Digitalisation to rapidly respond to changes based on data-driven decisions and innovative ideas to serve customers more effectively Financial Pillar Cybersecurity Critical data protection from unauthorised access and any potential disruption to business continuity Governance Pillar – Values, Assurance and Business Ethics Water Management Practicing responsible water management at our yard operations to ensure our effluents limits do not exceed statutory requirements Environment Pillar – Promoting Circular Economy Community Investment Employee involvement in our community investment programmes Social Pillar – Community Investment Refer to the Sustainability Report for more information on our Material Matters. OUR MATERIAL MATTERS OUR STAKEHOLDERS MISC’s commitment to create positive impacts that benefit the global maritime and energy sectors is supported by our strategic stakeholder engagement pillar. Our quest to create value is guided by our efforts to conduct close engagements, awareness, dialogue, and collaboration with our universe of stakeholders. In an increasingly changing world that is geared towards a net-zero future, proactive stakeholder engagement forms a critical component of our business strategy as we embrace their feedback on key issues of significant importance. MISC’S STAKEHOLDER ENGAGEMENT STRATEGY Refer to Our Stakeholders’ Universe section of the Sustainability Report for details of our stakeholder engagement strategy and engagement principles. Develop business initiatives to boost engagement and achieve goals Measure engagement outcomes as part of value creation tracking Define short-, medium-, and long-term strategies and goals from feedback Map identified stakeholder value proposition against material topics Collaborate with strategic partners Communicate effectively through identified platforms Transparency through disclosures on sustainabilityrelated frameworks Promote sustainability awareness Feedback sought regularly from stakeholders MISC STAKEHOLDER ENGAGEMENT PRINCIPLES Strategic Review Strategic Review 61 60 MISC Berhad Integrated Annual Report 2022
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