Our Approach

Our Approach

Our long-term vision for a better and more sustainable world

At MISC, our sustainability vision is to deliver long-term shareholder value by operating safely, sustainably, and responsibly to achieve positive impacts for the environment and society. Sustainability touches every aspect of our business and value chain. 

As a world-leading provider of international energy-related maritime solutions and services, we see opportunities for creating long-term value while minimising externality trade-offs associated with our operations and value chain. Our sustainability agenda addresses the issues that matter most to our business and our stakeholders. 

Discover how we’re building a better and more sustainable world through our business operation.

Our Sustainability Strategy

OUR APPROACH

Our sustainability strategy

MISC developed its Sustainability Strategy 2026-2030 through a series of focus group discussions involving representatives from various business units and subsidiaries. These engagements provided valuable insights that helped shape our sustainability priorities for the next five years. Anchored on the three strategic pillars of Impact, Inclusion, and Integrity, the refreshed strategy provides a clear framework to guide our long-term value creation and position sustainability as a core driver of our business.

Our strategy contribution to UNSDG

MISC has put in place focused initiatives and programs that support the following 11 UNSDGs.

UN Sustainable Development Goal 3: Good Health and Well-Being logo.UN Sustainable Development Goal 4: Quality Education logo.UN Sustainable Development Goal 5: Gender equality logo.UN Sustainable Development Goal 8: Decent Work and Economic Growth logo.UN Sustainable Development Goal 9: Industry, Innovation, and Infrastructure logo.UN Sustainable Development Goal 10: Reduced Inequalities logo.UN Sustainable Development Goal 12: Responsible Consumption and Production logo.UN Sustainable Development Goal 13: Climate Action logo.UN Sustainable Development Goal 14: Life Below Water logo.UN Sustainable Development Goal 16: Peace, Justice, and Strong Institutions logo.UN Sustainable Development Goal 17: Partnerships for the Goals logo.

Leadership

MATERIAL MATTERS

Prioritising what matters most

Our sustainability agenda is shaped by the priorities of both internal and external stakeholders. Through ongoing engagement and systematic feedback, we identify the sustainability matters most relevant to our business and stakeholders. These insights inform our sustainability strategy and management approach, ensuring that initiatives remain aligned with industry practices while strengthening organisational resilience, reinforcing stakeholder trust and supporting long-term value creation.

Engaging Our Stakeholders

We are committed to contributing towards elevating the maritime industry and making a positive impact on our stakeholders. This commitment is supported by our stakeholder engagement strategy, focusing on creating shared values through awareness, dialogue, and collaboration. At MISC, stakeholder engagement is integrated into every step of our value creation process.  

Stakeholder engagement principles 

  • COLLABORATE with strategic partners 
  • PROMOTE sustainability awareness 
  • COMMUNICATE effectively through identified platforms 
  • FEEDBACK sought regularly from stakeholders 
  • TRANSPARENCY through disclosures

Identifying material topics

In 2025, double materiality assessment, considering both financial materiality and impact materiality was conducted to refine our existing material sustainability matters and ensure that our sustainability focus areas remain aligned with evolving stakeholder expectations.

An evaluation of MISC's existing matrial sustainability matters, focusing on their definitions, continued relevance, and overall importance to stakeholders.

An analysis and benchmarking exercise conducted against relevant sustainability frameworks, reporting standards, and selected industry peers.

Engagement with key senior management and a survey with stakeholders to assess, rank, and prioritise the identified matters from a financial materiality and impact materiality lens.

Refinement and validation of material matters based on survey results, validation interviews, and management discussions.

MISC Group’s materiality matrix

STAYING RELEVANT

MISC Group’s materiality matrix

The materiality assessment informs target setting, clarifies the connection between ESG risks, opportunities and our corporate purpose, and shapes the focus of our annual disclosures. Through this lens, sustainability considerations are integrated into strategy, risk management and reporting, reflecting both our external impacts and the financial implications of sustainability matters on long-term resilience and value creation.

Sustainability disclosures and performances

Maintaining strong governance is essential for sustainable business. Governance is more than a set of written principles and practices; it is embedded in our stakeholder value creation commitment. We have introduced clear and effective sustainability governance structures throughout MISC. Supported by several performance standards and other controls, our governance procedures are applied to all aspects of MISC’s decision-making process.

Document  

MISC Commitment to Net Zero GHG Emissions by 2050

Download PDF
MISC Ship Recycling Policy Download PDF
MISC Health, Safety & Environment Policy Download PDF
MISC Security Policy Download PDF
MISC Substance Misuse Policy Download PDF
MISC Life-Saving Rules Download PDF
MISC Diversity and Inclusion Statement Download PDF
MISC Position on Nature & Biodiversity Download PDF

For more info on Human Rights Commitment, learn more at Compliance and Business Ethics

Document  
Annual Report 2025 Download PDF
Sustainability Report 2025 Download PDF
Annual Report 2024 Download PDF
Sustainability Report 2024 Download PDF
Climate-related Financial Disclosures Report 2024 Download PDF
Annual Report 2023 Download PDF
Sustainability Report 2023 Download PDF
Climate-related Financial Disclosures 2023 Download PDF
Annual Report 2022 Download PDF
Sustainability Report 2022 Download PDF
Task Force on Climate-related Financial Disclosures 2022 Download PDF

 

Document  
Financial Pillar Download PDF
Environment Pillar Download PDF
Social Pillar Download PDF
Governance Pillar Download PDF

 

Our News

Sustainability news

Keep up to date with our latest sustainability initiatives and learn about the different ways we’re making a global impact.

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Sustainability Report

View our sustainability report

Gain an in-depth understanding of how we are building a better and more sustainable world through our business operations. This Sustainability Report outlines our material environmental, social and governance (ESG) performance and our forward-looking commitments within the context of the maritime industry.

View report
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