MISC Berhad (MISC) has announced the publication of its 2015 Sustainability Report, covering the performance for the year ended 31 December 2015 and progress towards sustainability goals.
Among the highlights of MISC’s 2015 sustainability performance are :
Marketplace
- Higher Group revenue, operating profit and profit before taxation compared to the previous year.Revenue of RM10.91 billion, 17.3% higher than the preceding year’s revenue of RM9.30 billion.
- Profit before tax (PBT) increased by 6.5% to RM2.57 billion in 2015 from PBT of RM2.41 billion in 2014.
- Group operating profit of RM2.78 billion was 51.1% higher than FY2014’s operating profit of RM1.84 billion.
- Vessel availability rate for our LNG and Chemical fleet was 99.8%, surpassing industry benchmarks across all segments of the shipping sector.
Workplace
- Zero recordable incidences of workplace fatalities and the Group’s Lost Time Injury Frequency (LTIF) and Total Recordable Case Frequency (TRCF) remained low at 0.12 and 0.48 respectively.
- Honoured 115 long serving employees at the annual MISC Long Service Awards
Environment
- Five new Moss type LNG Carriers will have ‘Green’ technologies and features designed for energy efficiency, emissions reduction, biodiversity management and end-of-life disposal.
- 33,057 tonnes of Carbon Dioxide (CO2) emissions avoided through application of green technology.
- 97% of hazardous waste from non-shipping operations were recovered or recycled.
Community
- Its subsidiary, the Malaysian Maritime Academy (Akademi Laut Malaysia – ALAM) received the highest 6-Star rating on International Students Services from the Malaysian Quality Evaluation System for Private Colleges (MyQUEST) for 2014/2015.
- Over 400 shore employees and seafarers from the Group’s Malaysia and Singapore offices as well as ALAM cadets, volunteered for the MISC Flood Relief Programme at SMK Kuala Krai and Kampung Lela Jasa, Manik Urai, in Kelantan.
Read MISC’s sustainability report below
Source:MISC
