The table below summarises the meeting frequency and key sustainability matters discussed by each committee during the year. Level Committee Meeting Frequency Number of Meetings where Sustainability/ Climate Matters were Discussed Key Sustainability-Related Matters Discussed, Including Climate Board level Board Bi-monthly 2 1. Reviewing progress of our Sustainability Plan, which covers: a. Our sustainability and climate-related aspirations and commitments. b. The implementation of our sustainability and climate-related initiatives. c. Revisions to our sustainable financing target. d. Reporting of our Scope 1 and 2 GHG emissions and the performance of reduction measures introduced. e. Reviewing progress against KPIs set for the adoption of sustainable practices within our operations. f. Reviewing scenario analysis results to identify climate-sensitive sectors and business opportunities, including the development of sustainable financing programmes to support our climate objectives and facilitating our customers’ transitions to low-carbon operations. g. The establishment of the Group Sustainability Policy, which includes our policy on climaterelated financial disclosures. 2. Ensuring our progress in climate risk management implementation is in line with BNM’s CRMSA, CCPT, and CRST requirements, which include the development of frameworks and methodologies for climate-related risk management. 3. Reviewing of CCPT classification reporting, which encompasses analyses of our exposure and further improvements in accuracy and reliability to ensure execution of action plans to address gaps identified. 4. Integrating climate-related considerations into our overarching risk management, which includes: a. Reviewing and monitoring our climate-related risk appetite statements. b. Incorporating climate-related matters into relevant risk policies and methodologies. c. Establishing the Group Climate Risk Management Framework. d. Reviewing climate risk reports on climate-related risks impacting the bank’s portfolio as well as internal operations. 5. Keeping abreast of sustainability and climate-related regulatory and industry updates to ensure alignment with BNM’s JC3 and industry best practices. BSSC Bi-monthly 5 BRC Bi-monthly 6 Management level MSC Quarterly 4 MRCC Monthly 13 CRC Bi-monthly 7 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2024 118 Sustainability Statement
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