Integrated Annual Report 2023

MISC BERHAD 104 INTEGRATED ANNUAL REPORT 2023 105 www.miscgroup.com CORPORATE ENABLERS SECTION 8 Operating Responsibly Ausmal Kardin Vice President, Legal, Corporate Secretarial and Compliance At MISC, corporate governance and business ethics form the cornerstone of our structure, defining the essence of our organisational identity. For us, it is not just a regulatory necessity but a pledge demanding the highest standards of transparency, accountability and fairness. Our pursuit of value creation transcended strategic priorities. Aligned with the MISC Sustainability Strategy and global sustainability standards, we dedicated ourselves to nurturing a culture steeped in robust corporate governance and ethical business practices, permeating every aspect of our daily operations. This commitment is exemplified by our industry-leading recognitions, including FTSE4Good Bursa Malaysia and ISO 37001:2016 Anti-Bribery Management System Certification. Upholding these standards is facilitated through the implementation of the MISC Group-wide Management Compliance Scorecard and ongoing learning programmes for both our employees and stakeholders. Recognising the global reach of our operations, we remain steadfast in delivering sustainable value to our stakeholders despite the shifts in the global market and changes in regulatory standards. As a responsible organisation, we diligently strive to ensure the right controls are in place. These measures not only steer us through the complexities of the global landscape but also leave an indelible mark of excellence and responsibility. Looking forward, we are poised to embrace new opportunities, confident in our ability to contribute to a future defined by sustained success and responsible growth. Full score for FTSE4Good Governance for the 5th consecutive year MISC Berhad and all 5 main subsidiaries attained ISO 37001:2016 Anti-Bribery Management System Certification Enhanced 5 Critical Legal Areas Governance documents reflecting developments in local and international laws Partnered with the Malaysian Anti-Corruption Commission (MACC), Malaysia Shipowners’ Association, Ministry of Transport and Maritime Anti-Corruption Network (MACN) to host a symposium combating bribery and corruption in the maritime industry Digital transformation of contract management across MISC Group, optimising operational efficiency Zero breaches of critical laws and regulations Read more on page 169 in MISC’s Sustainability Report 2023.

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