Kuala Lumpur - 23 November 2021
MISC Berhad (MISC) is pleased to announce our inaugural listing as a constituent of the Dow Jones Sustainability Indices (DJSI), under the Emerging Markets category. MISC is the only Malaysian transportation sector company listed in DJSI Emerging Markets and one of the three Malaysian companies listed in DJSI Emerging Markets globally.
Commenting on this achievement, Datuk Yee Yang Chien, President/Group CEO of MISC said “We are extremely proud to be recognised by DJSI for our commitment in environmental stewardship, sound corporate governance practices as well as generating positive impact to our various stakeholders. This achievement is a significant milestone in MISC’s sustainability journey on a global scale which began almost a decade ago and strengthens our commitment to raise the bar in our sustainability performance as we move forward.”
Datuk Yee added “We believe that the advancement of our business should be balanced with the integration of environmental, social and governance (ESG) principles in various aspects of our strategy and operations and this makes good sense in order to create meaningful and sustainable value in the long term. Our decisions and actions in the years to come will continue to be structured around our sustainability agenda, driven by the concerted effort of our employees, businesses and partners, and guided by our aspiration of moving energy to build a better world.”
Manjit Jus, Global Head of ESG Research, S&P Global said "We congratulate MISC Berhad for being included in the Dow Jones Sustainability Index (DJSI) for the Emerging Markets category. A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global Corporate Sustainability Assessment is testament to the growing movement for ESG disclosure and transparency."
The DJSI is one of the most prestigious global indices of ESG investment and a leading global benchmark in corporate sustainability and socially responsible investment. A total of 108 global companies were featured on the DJSI Emerging Markets Index this year.
The DJSI Emerging Markets Index comprises emerging-market sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment (CSA). It aims to represent the top 10% of the largest 800 companies in 20 emerging markets based on long-term economic, environmental and social criteria.
To know more about MISC’s sustainability agenda, visit https://www.misc.com.my/sustainability/
About MISC Berhad
MISC Berhad (MISC), was incorporated in 1968 and is a world leading provider of international energy related maritime solutions and services. The principal businesses of the Group comprise energy shipping and its related activities, owning and operating offshore floating solutions, marine repair and conversion, engineering and construction works, integrated marine services, port and terminal services as well as maritime education and training.
As at 30 September 2021, MISC Group’s fleet consists of approximately 100 owned and in-chartered vessels comprising of Liquefied Natural Gas (LNG), Petroleum and Product vessels, 12 Floating Production Systems (FPS) as well as 2 LNG Floating Storage Units (FSU). The fleet has a combined deadweight tonnage (dwt) capacity of more than 13 million tonnes
We take pride in our asset and service reliability, commitment to uphold the highest standards of Health, Safety and Environment (HSE), fostering a culture of excellence amongst our employees, operating responsibly and caring for the environment as well as making a positive difference to the communities in which we operate.
MISC Group is a proud member of ‘Getting to Zero Coalition’ committed to developing zero-emission vessels by 2030. The Coalition is a powerful alliance of more than 70 public and private organizations that will lead the push for international shipping’s decarbonisation.
Since 2014, we have been a proud constituent of the FTSE4Good Bursa Malaysia Index, a testament to our sustainability performance and strong Environmental, Social and Governance (ESG) practices.
MISC Berhad press release