MISC Bhd 2023 SR
The report details MISC Berhad's sustainability performance for 2023, focusing on its transition toward a low-carbon maritime future. Key highlights include achieving a 24% reduction in fleet average GHG intensity compared to 2008 and securing a USD527 million sustainability-linked loan for ethane carriers. The company advanced its decarbonization pathway through partnerships like the Castor Initiative for ammonia-fueled vessels and unveiled the MMEGA FPSO design capable of 40% lower emissions. Socially, MISC invested RM29.6 million in maritime cadet sponsorships and achieved 28 million man-hours without LTI on the MERO 3 project. The report also outlines the group's commitment to Net-Zero GHG emissions by 2050.
Company: MISC Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2023
Type: SR
Pages: 115
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MISC Bhd
Sustainability Report
The report details MISC Berhad's sustainability performance for 2023, focusing on its transition toward a low-carbon maritime future. Key highlights include achieving a 24% reduction in fleet average GHG intensity compared to 2008 and securing a USD527 million sustainability-linked loan for ethane carriers. The company advanced its decarbonization pathway through partnerships like the Castor Initiative for ammonia-fueled vessels and unveiled the MMEGA FPSO design capable of 40% lower emissions. Socially, MISC invested RM29.6 million in maritime cadet sponsorships and achieved 28 million man-hours without LTI on the MERO 3 project. The report also outlines the group's commitment to Net-Zero GHG emissions by 2050.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Feb 26, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees