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ABOUT THIS REPORT
INTRODUCTION TO THE 11 ANNUAL INTEGRATED REPORT (AIR)
TH
MSM’s AIR for the year ended 31 December 2021 has been improved to meet all the principles of
the International Integrated Reporting Framework (IIRF) developed by the International Integrated
Reporting Council (IIRC). We also strive to continuously enhance the quality of information
available to our stakeholders and reporting practices through adoption of the IIRF, in consonance
with the recommendations in the Malaysian Code on Corporate Governance 2021 (MCCG 2021)
on integrated reporting.
The report aims to provide our stakeholders with transparent, Improvements of disclosure for FY2021 are evident in
relevant and integrated information of our business greater Investor Relations disclosure as described on
strategy, performance, and future prospects in the context page 108; update of our Business Model on page 94;
of Environment, Social and Governance (ESG), leading to the and advancements in our Sustainability Journey “as a step
creation of stakeholder value over the short, medium and towards meeting” the FTSE4Good Bursa Malaysia Index
long-term. We are guided by our vision “To be a World standards, expand our alignment to the core disclosures
Class, Cost-Efficient and High-Performance Organisation under the Global Reporting Initiative (GRI) standards as well
with a Sustainable Business Model and Diverse Portfolio as focus on promoting relevant United Nations Sustainable
in the Food-Related Business” and are resolute in Development Goals (UN SDGs) into our strategies.
our sustainable promise of “Sweet Sustenance in a The sustainability of our business shall continue to be
Responsible, Sustainable and Mindful Way”. We intend strengthened as we review our ESG elements holistically
to deliver this promise through enhancing our shareholder across our business and operations.
value, optimising growth and achieving a sustainable,
balanced and integrated ESG performance by transforming
our business model and reaping opportunities throughout
the global food value chain.
REPORTING FRAMEWORKS APPLIED The full report is also available online
on our corporate website at:
Main Market Listing Requirements (Listing Requirements) of Bursa
Malaysia Securities Berhad www.msmsugar.com
Malaysian Financial Reporting Standards (MFRS)
Access our 2021 Annual Integrated
Reporting Suite online, by simply
scanning the QR code below:
International Financial Reporting Standards
Companies Act 2016
Malaysian Code on Corporate Governance 2021 (MCCG 2021)
Global Reporting Initiative (GRI) Standards for Sustainability Reporting