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ECONOMIC GROWTH

As a privately held company,
MSC operates without any
obligation to publicly disclose
its financial earnings or
In recent years, MSC has expanded its business activities to provide undertakings.
additional services to its customers and partners. Its subsidiary, Terminal Many companies in the
Investment Limited (TiL), is one of the largest and most geographically transportation industry,
diversified terminal investors, handling over 40 million moves per year. particularly container shipping
TiL has highly strategic assets located in key gateways for global trade. companies, faced difficult and
The company plays a crucial role in developing essential infrastructure to challenging market conditions
foster international trade and sustainable development. in 2016. While MSC was not
In addition to its investments in terminals, MSC has developed an inland immune to such conditions,
logistics arm, MEDLOG, offering transport solutions by truck, rail and barge Despite its global the company performed well,
as well as depot and warehousing services in 48 countries worldwide. presence and large recording a positive EBIT
MSC generates an annual turnover of approximately USD 24 billion and margin on its full-year results.
employs, in its headquarters and country offices worldwide, a workforce scale operations, To achieve such results,

of more than 60,000 motivated and highly skilled people. MSC is, above all, MSC focused on cost-saving
Despite its global presence and large scale operations, MSC is, above all, initia tives throughout the year
a family business, guided by the ambitious vision of its founder, Captain a family business, and we are proud to confirm
Gianluigi Aponte, who has always placed employees and his passion guided by the that we did so without
reducing our human capital.
for the sea at the heart of his development strategy. Captain Aponte’s
innovative, flexible and unique approach to shipping has allowed MSC ambitious vision of MSC’s management commits
to grow significantly over the last 46 years, transforming a one vessel its founder, Captain to appraise the business in a
operation in 1970 into a successful and sustainable global business. thorough and systematic manner,
Today, MSC’s wide range of operations covers 155 countries across 5 Gianluigi Aponte, both internally and externally,
continents, where MSC provides timely delivery of goods and services to who has always to meet the expectations of
local communities, customers and international business partners. MSC financial institutions and other
is proud to offer to populations and countries all around the world its placed employees affected or interested stakeholders.
long-standing and globally recognised expertise in the maritime sector, and his passion for MSC carries out robust auditing
as well as its local knowledge of the business through its local agencies. at frequent periods, to ensure its
MSC’s day-to-day operations and long-term public-private partnerships the sea at the heart compliance and effectiveness.
(PPPs) are in line with countries’ national strategies and its business of his development In 2016, the company continued
practices promote the respect of cultural diversity as well as equal to invest in the global supply
opportunities for all. MSC supports governments, especially those of low- strategy chain and the sustainability of
income, emerging and developing countries, Least Developed Countries its operations. Such investments
(LDCs) and Small Island Developing States (SIDS), in their efforts to reduce should be viewed as a positive
poverty and increase inclusive economic and social growth, through job sign of the financial health of
creation, vocational training, diversification of economies, transfer of the company.
know-how and massive investments in world-class infrastructure.
MSC is also committed to promote sustainable use of the sea and marine MSC continuously assesses and
resources, while extensively investing in the latest generation green reviews its investment plans in
technologies to minimise the environmental impact of its business activities terms of sea and inland logistics.
on lands, oceans and populations.

8 INTRODUCTION TO THE MSC GROUP MSC SUSTAINABILITY REPORT 2016 9