BIMB Integrated Annual Report 2019

STATEMENT OF PURPOSE OUR APPROACH TO SUSTAINABILITY Integrated Annual Report 2019 Group Overview Sustaining The Group Management Discussion & Analysis Group Governance 60 SUSTAINABILITY STATEMENT OVERVIEW As the foremost Islamic financial institution in Malaysia, we place high focus on creating long-term sustainable value for our stakeholders. Sustainability at BHB is about investing in the bright future of our organisation and ensuring that what we do makes a positive and lasting impact on our community, our economy and our country. Our purpose is to meet and support society’s financial needs in a responsible and ethical manner, anchored on Islamic values. In undertaking this role, we ensure our efforts are underscored by values within Maqasid Al- Shariah that aim to achieve social and economic well- being as well as enhancing the welfare of the community. This intent is embedded in our Strategy that articulates how our five (5) key pillars of Responsible Finance, Inclusive Growth, Talent Enrichment, Ethical Practice and Reporting, and Islamic Finance and Knowledge- Sharing drive our purpose to build a sustainable, resilient and progressive business that generates long- term value for our stakeholders. Through this purpose, we aim towards inclusive growth that creates economic opportunities within our business and the communities we operate in, ultimately supporting ongoing efforts to develop the real economy. As part of our commitment to sustainable and responsible growth, we seek to identify, assess and manage economic, environmental and social risks, challenges, impact and opportunities within a robust governance framework. We continuously review and refine our strategies to ensure that we remain well-positioned to leverage on opportunities to contribute positively to our stakeholders. As we continue to progress in our business, we seek to integrate economic, environmental and social considerations in everything that we do. In all we do, we are committed in our obligation to contribute to the country’s long-term and inclusive economic, social and environmental well-being. Our approach to sustainability is anchored on our commitment to build and progress in our area as a responsible Islamic financial institution that is imperative to the growth of our business and community, while creating value for all our stakeholders. We draw guidance from the Bursa Malaysia Securities Berhad’s Main Market Listing Requirements and Global Reporting Initiative (“GRI”) Standards as well as the United Nations’ Sustainable Development Goals (“UNSDG”) to achieve a better and more sustainable future for all. Our efforts at sustainability are in line with BNM’s VBI concept that aims to create a positive and sustainable impact to the economy, community and the environment.