• Introduced targets for our five-year strategy, LEAP25, including the doubling of ESG-rated assets to RM4 billion by 2025. • Reduced our electricity usage to 1,900,000 kWh, a reduction of 80,000 kWh from 2020. • Achieved RM2.2 billion in green financing, representing 4% of our total financing portfolio. • Collaborated with Jasin Correctional Prison on the AMAL Untuk Alam initiative, benefiting 600 inmates and 40 families through sustainable urban farming. • On 8 October 2021, BIMB Holdings Berhad (BHB) finalised its restructuring exercise, transferring its listing status to Bank Islam, becoming Malaysia's first pure-play Islamic financial institution listed on the Main Market of Bursa Malaysia. • Established the Group Sustainability Policy, which incorporates our Sustainability and Climate Disclosure Policy. • Institutionalised our Group Climate Risk Management Framework. • Revised our target for Sustainability Commitment 2, aiming to grow sustainable finance¹ to RM28 billion by FY2025. • Achieved a 59% reduction in carbon emissions at our first environmentfriendly branch, and launched plans to introduce eight more branches by 2030 to achieve our carbon neutrality goal. • Introduced Ihsan Sustainable Investment Account 2.0 (ISIA 2.0), the first Value-based Impact Investment mechanism for UN Sustainable Development Goals (UNSDG)-aligned financing. • Earned four awards at The Edge Malaysia ESG Awards, including recognition for our Makmur myWakaf Fund. • Ranked among the top 40 out of 854 publicly listed companies (PLCs) in Malaysia at the National Corporate Governance and Sustainability Awards. • Admitted into the FTSE Bursa Malaysia EMAS Shariah Index. • Become the first bank in Malaysia to certify 86 Certified Green Finance Advisors developed in collaboration with the Asian Banking School (ABS). • Appointed our first Group Chief Sustainability Officer (GCSO). • Introduced our five Sustainability Commitments, bringing greater focus to our evolving sustainability efforts. • Established a Sustainability Project Working Team (SPWT) to accelerate our initiatives. • Achieved RM2.9 billion in green financing, progressing steadily towards our LEAP25 goal of doubling ESG-rated assets to RM4 billion by 2025. • Benefitted a cumulative total of over 10,545 individuals through social finance initiatives. • Established Malaysia’s first environment-friendly bank branch in Temerloh, Pahang, which uses solar energy and a rainwater harvesting system to reduce environmental impact. 2022 2021 2024 • Surpassed our LEAP25 target with our Shariah-ESG asset portfolio reaching RM4.5 billion. • Launched the Ihsan Sustainable Investment Account (ISIA). • Reached seven environment-friendly branches nationwide. • Disbursed RM8.3 million through our Blended Financing Programme for microentrepreneurs. • Conducted materiality assessment in 2023, where we engaged with our stakeholders to identify the sustainability topics that are most crucial to our business. The topics, which were benchmarked against leading standards such as GRI, FTSE4Good, and Bursa Malaysia’s guidelines, constitute the material matters that are disclosed within this report. 2023 ¹ Redefined based on enhanced Shariah-ESG asset criteria. Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2024 110 Sustainability Statement
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