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MMG sustainability performance recognised

24 Sep 2014 09:00 AMMedia Release

MMG Limited (MMG) has been recognised for its performance in two key indexes monitoring corporate sustainability in Asia.

The ChannelNews Asia (CNA) Sustainability Ranking placed MMG third in Hong Kong and 41st among the 100 leading businesses in 10 Asian regions. 

CNA and its partners CSR Asia and Sustainalytics, a global responsible investment company, developed the ranking in recognition of the increasing importance of corporate sustainability to investors.

The 10 regions considered for the CNA Sustainability Ranking were China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.

Separately, MMG is also one of 76 companies included in the 2014 Hang Seng Corporate Sustainability Benchmark Index (HSSUB).

This is the third consecutive year that MMG has been included in the HSSUB.

MMG Chief Executive Officer Andrew Michelmore said that the company was pleased to be recognised alongside some of Asia’s leading firms.

“Since the formation of MMG five years ago, we have prioritised sustainability, implementing best-practice safety, environmental, social development and corporate governance standards at each of our operations.

“MMG’s inclusion in these indexes places the company among some of Asia’s leading firms and provides confidence to investors about our approach to sustainability.”

The Hang Seng index is developed using assessments independently conducted by the Hong Kong Quality Assurance Agency (HKQAA).

One of 22 members of the International Council of Mining and Metals (ICMM), MMG aligns its practices with the 10 principles of the organisation’s Sustainable Development Framework. The principles relate to governance, human rights, risk management, safety and health, environmental performance, biodiversity, production design, social and economic development and stakeholder engagement.

MMG publishes Sustainability Reports annually which further details our performance and approach to managing sustainability.

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