Page 96 - Bank-Muamalat-Annual-Report-2021

94 BANK MUAMALAT MALAYSIA BERHAD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

ENVIRONMENTAL

ENERGY AND RESOURCE MANAGEMENT In the coming year, with the theme of "Digital and Innovation"
a savings target of RM7 million has been set. CSI will inculcate
At the workplace, we continue to advocate resource and more exciting transformation initiatives. The initiatives focused
energy efficiency and sustainable infrastructure, processes at creating niche offering and proposition whilst at the
and systems towards achieving sustainable business goals. same time promotes development of innovative products,
The inception of the Cost Saving Initiative (“CSI”) Taskforce in services and technology that can be commercialised and be
the last quarter of 2019 has intensified focus on energy and the trend setter in the market.
resource management.
As an organisation that aspire to make an impact on carbon
Living up to its purpose, the Cost Saving Initiative (“CSI”) reduction, we constantly monitor our energy consumption
programme has generated cost savings, and established for our buildings and premises. We will continuously make
more processes that are efficient without compromising the improvements and opt for more energy-efficient substitutes.
regulatory requirements. This programme has also helped in The following data discloses our utility and fuel consumption
developing hidden talents within Bank Muamalat by optimising in FY2021:
their skills and knowledge throughout the CSI transformation
journey.

In FY2021, the CSI Programme has marked another milestone
for Bank Muamalat in digitalising, innovating, improving and
bringing change to the way we work. The Bank has also taken
Total Electricity Usage for Total Water Usage for
the necessary steps to reduce utilities usage.
FY2021: FY2021:
3
The programme generated total savings of RM26.4 million and 8,065,242 kWh 114,014m
soft benefits amounted to RM9.6 million since its inception. (FY2020: 8,096,722 kWh) (FY2020: 99,978 m )
3
Among the initiatives executed during the year under review,
were:

Consolidate Bankwide IT Minimised the issuance of
services contract at passbook at
RM1.5 million RM2.0 million Total Petrol Usage for Total Diesel Usage for
FY2021: FY2021:
304,719 litres 16,674.32 litres
Paperless Financing Optimised Digital Platform for (FY2020: 317,080 litres) (FY2020: 15,443.35 litres)
Review: Reduction of Financing Applications at
55% RM1.11 million
paper usage from the
total financing application
for business financing
(Corporate, Commercial Elimination of telephone
and SME) at back charges cost through
termination of toll free
RM1.48 million; line at
RM979k