KUALA LUMPUR, July 12 (Bernama) -- SME Bank is focusing on institutionalising the environmental, social, and governance (ESG) culture within the group as it enters into its second year of implementing its three-year Sustainability Roadmap.
Group president/chief executive officer, Aria Putera Ismail said the bank is also establishing a comprehensive and customised Sustainable Development Goal (SDG) Framework.
The SDG involves several key milestones such as conducting a materiality assessment amongst various stakeholders to align with its ESG goals, the bank said in a statement today.
SME Bank’s sustainability journey is centred on three pillars, namely Responsible Banking, Responsible Business Practices and Creating Social Impact, the bank added.
Sustainability and strategic management head, Zakiah Mat Esa said the bank is also in the midst of conducting a survey on the materiality issues with selected stakeholders which include customers, relevant ministries, agencies, employees, non-governmental organisations, local communities, chambers of commerce, associations, vendors and investors.
The move is to enable the bank to identify what issues are important to these stakeholders and formulate the relevant strategies to achieve sustainability goals that are in line with the United Nations Sustainable Development Goals, she said.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
