Business

MISC debuts as first M’sian transport firm listed on Dow Jones

Datuk Yee Yang Chien describes achievement as a significant milestone

Updated 4 years ago · Published on 23 Nov 2021 1:30PM

MISC debuts as first M’sian transport firm listed on Dow Jones
President and group chief executive officer Datuk Yee Yang Chien says MISC Bhd’s decisions and actions in the years to come will continue to be structured around its sustainability agenda. – MISC Bhd pic, November 23, 2021

KUALA LUMPUR – MISC Bhd has made its debut as a constituent of the Dow Jones Sustainability Indices (DJSI) under the emerging markets category, making it the only Malaysian transportation sector company listed in DJSI Emerging Markets.

In a statement, the energy shipping firm said it is one of the three Malaysian companies listed in DJSI Emerging Markets globally.

President and group chief executive officer Datuk Yee Yang Chien described the achievement as a significant milestone in MISC’s sustainability journey on a global scale, adding that it strengthens the company’s commitment to raise the bar in sustainability performance.

“We believe that the advancement of our business should be balanced with the integration of environmental, social and governance principles in various aspects of our strategy and operations, and that this makes good sense in order to create meaningful and sustainable value in the long term.

“Our decisions and actions in the years to come will continue to be structured around our sustainability agenda, driven by the concerted effort of our employees, businesses and partners, and guided by our aspiration of moving energy to build a better world,” he said.

The DJSI Emerging Markets Index comprises emerging-market sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment.

It aims to represent the top 10% of the largest 800 companies in 20 emerging markets based on long-term economic, environmental and social criteria.

A total of 108 global companies are featured on the DJSI Emerging Markets Index this year. – Bernama, November 23, 2021

Related News

Business / 3y

US stocks fall on concerns over rate hike, recession

World / 3y

Western climate subsidies risk hitting emerging markets: IMF

Business / 5y

US shares end flat as consumer concerns rise

Business / 5y

Wall Street stocks close at all-time highs

Business / 5y

Dow slides for 5th consecutive session

Business / 5y

Asian markets struggle ahead of US inflation report

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Business

Oil falls for fourth day as Hormuz supply fears ease

Business

Oil slides as Iran-Oman Hormuz talks raise hopes of easing tensions

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

K8 Cargo: Company still in limbo, claims CEO

Business

Moves in major US stock indices could spill into currency and gold markets

By Alfian Z.M. Tahir

Business

Asia-Pacific growth set to slow as tariffs, geopolitical risks raise economic pressure