Page 103 - Full Book_24.4.2021

In Retrospect

|
The Will to Suceed

|
Our Approach to Sustainability
Since starting our sustainability journey in 2016, BHB has As the leading financial institutions in their own respective fields, Achieving a Leading Repute
continued to review and refined our purpose to ensure that our it is imperative that our subsidiaries continue to lead the way
ability to leverage on opportunities to contribute positively to in growing the Islamic financial industry, seek progress for the
the stakeholders. As we move into the transition to emerge the community and create value for all stakeholders. |
pure-play entities identify, our subsidiaries have been given the
mandate to assess and manage economic, environmental and With Bank Islam set to have its own list status and Takaful Malaysia
social risks, challenges, impact and opportunities within a robust already a listed entity, each respective entity will draw guidance
governance framework as part of our commitment to sustainable from the Bursa Malaysia Securities Berhad’s Main Market Listing
and responsible growth. Requirements to achieve a better and more sustainable future Paving the Way for a Sustainable Future
for all. Bank Islam itself will continue its path in strengthening its
Our operating subsidiaries are committed in integrating VBI commitment and implementation, in line with what is
economic, environmental and social considerations in everything envisioned by Bank Negara Malaysia, which is creating a
that we do. With the ability to focus and act independently to strong Islamic financial market that is able to create a positive
grow their respective businesses, our subsidiaries are steadfast and sustainable impact to the economy, community and the
in their obligation to contribute to the country’s long-term and environment.
inclusive economic, social and environmental well-being.
99

SUSTAINABLE DEVELOPMENT GOALS

Part of our assessment process on what matters to
us is influenced by the needs to address a number of
global concerns as encapsulated within the United Adhering to the Best Governance Practices
Nations’ Sustainable Development Goals (“UNSDGs”).
In addition to supporting business growth for the long
term, we have laid out our Sustainability Framework
to be aligned with UNSDGs, which comprises a set of
“call-for-actions” adopted globally for building an |
inclusive, sustainable and resilient future for the
people and planet.
Our action in implementing initiatives and business Laying the Foundation for Financial Growth
objectives that matched the outcomes as intended
by UNSDGs is indicative of our commitment to
elevate our Group’s financial and social performance
in a responsible manner. With the transition, the
Group ensures that all operating units will continue |
to build strategies that create economic growth
for the respective entities and the nation, and
address a range of social needs and environmental
issues including providing health, education and
job opportunities. All the while, we are committed Additional Information & Disclosure Summary
to leaving no one behind in our effort to advance
communities and protect the environment, in line
with the intents of the UNSDGs.
|
24 th AGM Information