Annual Report

Overview

The report records STO Group revenue of MVR 6,939 million in 2016, down 5% as lower fuel prices affected results. It also describes the transfer of MIFCO into the Group and the associated expansion of its fisheries activities. On sustainability, the company reports a waste-management agreement, separate handling of recyclable and general waste, and an initiative to use biodegradable bags.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2016
Period: 1 January 2016 – 31 December 2016
Language: English
Pages
File size
Restatement: Disclosed

Standards

Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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