SUSTAINABILITY COMMITMENTS As we strengthen our commitment to sustainability we are ensuring that our actions align with our LEAP25 aspirations and strategic objectives set out in our Sustainability Strategy and Roadmap. Building on our past achievements, we are actively implementing impactful initiatives across our business to fulfil key commitments. Commitment 1: Mitigate Exposure to High Sustainability Risk Sectors including Coal by 2030 Implemented a climate-related risk management framework in line with BNM’s CRMSA requirements. Enhanced sustainability and climate-related due diligence, including the use of CCPT and ESG checklists during onboarding processes. Established an enhanced sustainability and climate governance structure to strengthen oversight of sustainability and climate-related risks. Served as Project Lead for the AIBIM VBIAF Sector Guide on Waste Management. Facilitated the circulation of the VBIAF Sector Guide on Waste Management. This guide includes best practices for ESG considerations in the waste management sector. Continued our commitment to end financing of coal-related activities by 2030. Commitment 2: Double Shariah-ESG assets to RM4 billion by 2025 Exceeded our target ahead of FY2025 with RM4.5 billion in approved Shariah-ESG assets at the end of 2023. Shariah-ESG assets refer to exposures tied to green sectors and activities including solar power and other renewable energy, sustainable waste management and sustainable agriculture. Updated our Product Development Guideline to incorporate sustainability and climate-related risk considerations into our product offerings. Launched the ISIA that enables financing towards activities aligned with UNSDGs. Launched the SME Smart Eco and Low Carbon Transition Facility (LCTF) targeting SMEs that are investing in sustainable practices and climate transition through renewable energy, energy efficiency and best practices. Equipped business units and supporting functions with knowledge and capabilities in ESG-linked financial products and services through targeted training and ongoing support. Commitment 3: Achieve a carbon neutral position in operational conduct (Scope 1 and 2 emissions) by 2030 Implemented energy efficiency solutions including installation of solar panels and energy efficient lighting in branches. Established Scope 1 and Scope 2 carbon emissions baseline as of 2023. For more information on our Scope 1 and Scope 2 baseline, refer to Emissions and Environmental Impact on page 118. Implemented War on Waste (WoW) 100-Day Campaign. Related SDGs Key Highlights and Progress 102 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023 Sustainability Statement
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