Page 95 - Bank-Muamalat-AR2020

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Governance
Our Performance Sustainability Statement Our Governance Our Numbers Other Information

This mindfulness has pushed Bank Muamalat a step forward as well as companies that adhere to environmental-related
in engaging with vendors that adopt environmental initiatives regulations. Financing on this front has increased from
and sustainable practices. We believe that just by making an RM172.3 million in FY2019 to RM227.7 million in FY2020.
informed decision to prioritise sustainable initiatives, the final
aim of VBI can be realised.
ENERGY AND RESOURCE MANAGEMENT
In FY2020, to print Raya packets, the Bank employed vendors At the workplace, we continue to advocate resource and energy
that use recycled paper and environmental-friendly ink; efficiency as well as sustainable infrastructure, processes and
and in choosing corporate gifts for VIPs, we opted for systems towards achieving sustainable business goals. The
upcycled gifts created by the Biji-Biji Initiative, a social inception of the Cost Saving Initiative (“CSI”) Taskforce in
enterprise that seeks to popularise sustainable living the last quarter of 2019 has intensified focus on energy and
by reusing waste creatively. These reflect how a simple resource management. Multiple initiatives to reduce cost and
switch in small areas can start to make a difference in living at the same time better manage the Bank’s consumption of
up to the ideals of VBI. Through these choices, the support energy, water, fuel and stationery supplies have since been
provided to the sustainable ecosystem will also have a implemented. The initiatives target infrastructural changes as
cascading impact on encouraging businesses to champion well as behavioural mindfulness by employees. The following
green practices.
cost saving initiatives were kicked off during the year under
review:

Reduce Utilities Cost

Initiatives Implemented:
• Lights off at offices and toilets during lunch break
• Installation of LED lightbulbs

• Effective chiller management whilst maintaining the
cooling at HQ office
• Control usage of split air-conditioners
• Switch off power usage of desktop (during lunch
The Bank’s sustainable corporate gifts include the Angsana Pouch and after office hours)
Bag from Biji-Biji, which is innovated from tarpaulin banners that are
commonly hung around as promotional items; and the Saga Clutch
Bag, produced from rejected car seat belts. • Reduce air conditioning temperature by 1 Celsius
• Scheduled maintenance for water pipes and water
Accompanying these small initiatives, a more VBI aligned tanks
direction in our business is leading to increased total • Lowering water pressure/system
exposure to financing aligned with Preserving the Natural
Environment. This is done through an extended credit • Reminders to conserve water and turn off taps
assessment that delves into VBI aspects of the projects.
We currently direct this financing towards companies that
contribute to environment preservation activities through TOTAL SAVINGS FOR FY2020
indicators such as certification in Good Manufacturing RM 577,000
Practice (“GMP”), Malaysia Sustainable Palm Oil (“MSPO”),
and Good Agriculture Practice (“GAP”), among others;