KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2024 WE ARE KENANGA OUR SUSTAINABILITY APPROACH LEADERSHIP STATEMENT HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION OUR VALUE CREATION APPROACH 39 38 3rd consecutive year of being included onto FTSE4Good Bursa Malaysia Index since the December 2022 review cycle. 92nd percentile with an overall ESG score of 4.2 among public listed companies in the FBM EMAS Index, as assessed by FTSE Russell in the December 2024 review cycle. 4.2 out of 5.0 - an improved overall ESG score in the December 2024 review cycle, up from 4.0 in the previous year’s review cycle, surpassing the financial sector ESG score average of 2.6. FTSE4Good Bursa Malaysia Index Reporting Assurance This Statement, along with the Sustainability Report 2024, have been reviewed and approved by the Group Sustainability Management Committee (“GSMC”), Group Governance, Nomination & Compensation Committee (“GNC”), Audit Committee (“AC”), and the KIBB Board of Directors. We appointed SIRIM QAS International Sdn Bhd (“SIRIM”), a leading national certification, inspection and testing body, to provide assurance for the key indicators related to energy management, GHG emissions (Scope 1 and Scope 2), water consumption, employee workforce profile, as well as training and development data. In 2024, we expanded the scope of assurance to include performance appraisals, new hire and turnover rates. We strive to expand the scope of assured data while continuously refining our data collection process to enhance disclosures. Materiality This Statement was prepared based on the material matters identified through our double materiality assessment, which was conducted for the first time in FY2024, in response to the evolving business landscape and stakeholder demands. Following the assessment, we identified and added two (2) new material matters—Financial Inclusion and Risk Management— to our list of material matters. Feedback and Accessibility We welcome all feedback and comments, which can be directed to: Group Marketing, Communications and Sustainability Kenanga Investment Bank Berhad Level 17, Kenanga Tower, 237, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia Tel: +603-2172 2888 Email: sustainability@kenanga.com.my Our Sustainability Report 2024 is also available on our corporate website: https://www.kenanga.com.my/who-we-are/sustainability Forward-Looking Statements Disclaimer This Statement contains forward-looking statements regarding future performance, based on current assumptions and circumstances. Various factors—such as changes in stakeholders’ ESG priorities—may cause actual results to differ materially from those expressed or implied in these statements. As such, the relevance of these forward-looking statements will be reviewed in future reports as needed. SCAN HERE for more information and downloads. For more information on how we manage our material matters, please refer to pages 20 to 25 of our Sustainability Report 2024. OUR SUSTAINABILITY STATEMENT OUR SUSTAINABILITY STATEMENT Extract of SIRIM Independent Assurance Statement: Based on the scope of the assessment process and evidence obtained, nothing has come to our attention that causes us to believe that Kenanga has not complied with, in all material respects, the referred assurance standard and guide. The following represents SIRIM QAS International’s opinion: • The level of data accuracy included in the report to be fairly stated. • The level of disclosure of the selected sustainability performance information presented in the report to be properly prepared. • The personnel responsible were able to demonstrate the origins and interpretation of data contained in the report. Refer to pages 117 to 120 of our Sustainability Report 2024 for the Independent Limited Assurance Statement. CHUAH SZE PHING Group Chief Sustainability Officer and Head of Group Marketing and Communications, Kenanga Investment Bank Berhad “We continue to take a pragmatic approach with sustainability embedded in our core strategy, balancing responsible growth with business resilience while aligning with the interests of our key stakeholders. By integrating economic sustainability, environmental stewardship, social responsibility, and strong governance, we drive long-term value for our stakeholders and the communities we serve. Our commitment is clear: to shape a future where business priorities and sustainability go hand in hand, strengthening resilience against ESG risks while seizing emerging opportunities to drive the evolution of a forward-thinking financial institution.” 2024 ESG RATING AND RANKING PERFORMANCE We align ourselves with the highest global sustainability standards and ratings, as demonstrated by our inclusion in leading indices. By consistently improving our performance and enhancing transparency, we aim to strengthen stakeholders' confidence in our commitment as a responsible financial institution. First-time CDP (formerly known as Carbon Disclosure Project) discloser with an initial score of C, demonstrating our efforts in tackling climate change and strengthening the transparency of our GHG emissions disclosures. CDP Rating
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