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128 MSM MALAYSIA HOLDINGS BERHAD WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOW WE OPERATE
ANNUAL INTEGRATED REPORT 2021
OUR WAY FORWARD IN
OUR SUSTAINABILITY
JOURNEY
Our commitment to our sustainability journey will be progressively accelerated in a meaningful and transparent manner.
As part of our transformative plans to step-up our sustainability practices and with the support of our independent consultant,
we are headed towards delivering on the promise of “Sweet Sustenance in a Responsible, Sustainable and Mindful Way”
as our new sustainability framework.
Our concerted efforts aim to enhance our sustainability framework with clearer medium to long-terms goals and measurable
progress on our “high” priority issues. We target to remap our materiality topics with better defined ESG priorities that align
with the changing business landscape and current market conditions.
As a first step, we are disclosing our sustainability performance for FY2021 with additional disclosures on our policies
and practices, heightened analysis on our impacts, understanding present gaps. We aim to reflect our sustainability roadmap
and our “ambitious” goals in our next report.
At the global front, the manufacturing sector is evolving towards a more efficient, faster and flexible future through greater
technology adoption as part of the Fourth Industrial Revolution.
MSM aims to catalyse growth through key technology pillars that are identified in the country’s Industry4WRD:
National Policy on Industry 4.0.
By infusing higher value added process of manufacturing through the application of advanced digitisation,
advanced manufacturing technologies and efficient resource utilisation, manufacturing issues such as hazardous environments,
health and safety of human labour, efficiency in managing supply chains, and reduction in wastages are addressed. It also paves
the way to enhanced productivity, job creation, innovation capacity, high-skilled talent pool and ultimately economic prosperity
and societal well-being.
Thus, moving forward, MSM intends to collaborate and venture into possible schemes, research and development,
and studies on the following:
Environmental
SMART
Manufacturing Technology
Research
Technological
Green
and Certification Schemes/Green
Programmes Packaging
Industry 4.0
Innovation
on Energy
Management