The report covers the company's financial year from 1 July 2019 to 30 June 2020, outlining their progress towards integrating sustainability into their business practices, products and services. The report highlights the company's commitment to climate-positive financing, achieving 80% of their target of RM500 million in financing renewable energy and energy-efficient projects within five years from FY2018. The company also launched a new initiative, the ESG Policy, designed to guide their relationship managers and credit risk team in assessing environmental and social risks associated with their lending and financing activities. The report also includes a section on the company's commitment to community investment, particularly through their HLB Jumpstart programme, which provides specialist support to social enterprises.
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Hong Leong Bank Berhad (HLB) 2020 Sustainability Report
Issuing Company Hong Leong Bank Berhad (HLB)
Report Type Sustainability Report
Report Language EN
Report Filesize 4.73 MB
No. of Pages 92 pages
Reporting periodJuly 1, 2019-June 30, 2020
Report Edition4
Assurance Provider SIRIM QAS International Sdn Bhd
Reporting Standards GRI; Bursa Malaysia Sustainability Reporting Guide; TCFD; ot...
Materiality Assessmenttrue