MISC BERHAD 102 INTEGRATED ANNUAL REPORT 2023 103 www.miscgroup.com CORPORATE ENABLERS SECTION 8 People Development Shariza Mohd Jaffar Sadiq Maricar Vice President, Human Resource Management A diverse and inclusive workforce of 10,435 employees from 46 nationalities RM54.9 Million invested in capacity building for employees Recorded Zero non-compliance with labour standards 92.6% high performing talent retention 81% Employee Engagement Score Operating Safely & Sustainably Captain Raja Sager Muniandy Vice President, Group Health, Safety, Security & Environment (GHSSE) At MISC, we cultivate a workplace anchored on psychological safety, prioritising employee well-being. We conducted mid-year and year-end employee engagement surveys to share valuable insights. This initiative encourages open communication among employees, creating a more inclusive and supportive organisational culture. With a RM54.9 million investment in continuous learning and development programmes, we customised initiatives to core competencies, instil new skills and cultivate a culture of collaboration, paving the way for innovative solutions that align with our MISC 2030 Aspiration. We identified expertise within the Group and established sprint teams to steer strategic initiatives and deliver seamless implementation including those related to new energy, in order to accomplish our decarbonisation objectives. Attracting and retaining talent remains a cornerstone of our strategy. The streamlining of our recruitment processes and contingent workforce policy has enabled us to onboard a diverse and skilled workforce. Our comprehensive retention programmes encompass a range of initiatives, including employee engagement activities and events, immediate recognition through special reward and flexible work arrangements. Moving forward, MISC is well-positioned to shape the future of energy-related maritime solutions, supported by a professional, knowledgeable and dedicated team that will effectively contribute to our long-term, sustainable growth agenda. Addressing climate change and ensuring the safety of our people are important elements of sustainability. The changing weather patterns, a direct consequence of climate change, along with various risks in our operational environment, highlight the critical need for rigorous safety and operational standards. These standards are vital for risk mitigation and incident prevention, reaffirming our firm commitment to maintain a safe operating environment – whether on land, at sea or within our digital realm. At MISC, we have proactively embarked on a Generative HSSE culture journey, enacting robust measures such as the MISC Life-Saving Rules, comprehensive HSSE culture assessments and the introduction of the Cybersecurity Strategic Plan. These initiatives elevate our HSSE standards and prioritise the well-being of our workforce. They not only fortify our operational foundation but also propel our efforts in decarbonising our operations, transforming our business model and bolstering security in a world where interconnectivity is seamless. Looking ahead, our focus remains unwavering. As technologies evolve and regulatory standards advance, we reassert our dedication to robust governance, compliance and ethical business practices. This dedication is the cornerstone of our safety-centric initiatives, demanding discipline and ongoing evaluation. These principles are the foundation of our commitment to responsible conduct, fostering a safe and sustainable future for our workforce, while purposefully reducing our environmental impact. Zero incidences related to major cybersecurity, security and spill events Recorded 0.09 LTIF and 0.31 TRCF Recorded Proactive Score of 4.16 through HSSE Culture Maturity Perception Survey, denoting success in building our HSSE Culture Conducted HSSE Partners Summit 2023 and HSSE recognition day, attended by 235 participants and more than half of them were represented by our business partners Rolled-out MISC Life-Saving Rules and the HSSE Rules & Commitment programme to all employees of the MISC Group Achieved 24% reduction in GHG emissions by successfully initiating our GHG projection and emissions pathways, including operational and technological interventions to reduce emissions Read more on pages 141 to 152 in MISC’s Sustainability Report 2023. Read more on pages 120 to 140 in MISC’s Sustainability Report 2023.
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