Page 90 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

SUSTAINABILITY
MATTERS

Environment
Material Matter Our Commitment Relevant Goals and Standards

Energy • Efficiently manage the consumption of natural resources Goals:
M6
consumption such as fuel, electricity, and water in operations while
and striving to reduce waste and pollution
environmental • Develop and implement strategies to support climate
impact change mitigation and adaptation

Standards:
• GRI-103:
Management Approach 2016
• GRI-302:
Energy 2016
• GRI-303:
Water and Effluents 2018

Social
Material Matter Our Commitment Relevant Goals and Standards
• Enhance hiring, recruitment, and retention processes to Goals:
M11 Employment
attract and retain top talent.
• Develop and implement programmes to support
employee well-being, including physical and mental
health, work-life balance, and career development
opportunities
• The Bank is aligned to the comprehensive ISO 45001
occupational health and safety management system. We Standards:
prioritise workplace safety for all employees through • GRI-103:
rigorous risk assessments, including the HIRARC
Management Approach 2016
Assessment Review conducted annually, quarterly Internal
Workplace Inspections, and Enforcement Audits by • GRI-401:
relevant authorities conducted annually or as needed. Employment 2016
• GRI-403:
Diversity and • Ensure equal treatment and fair evaluation of employees
M9 Occupational Health and Safety 2018
equal based on individual merit
opportunity • Prevent all forms of discrimination and harassment in the • GRI-404:
workplace Training and Education 2016
• FS7:
Training and • Develop and equip employees with necessary knowledge Monetary Value of Products and
M10
education and skills through training and education programmes Services Designed to Deliver a
Specific Social Benefit for Each
Community • Empower communities through sustainable development Business Line Broken Down by
M7
development programmes that create positive impacts Purpose
• Collaborate with communities to identify their needs and • FS13:
design programmes accordingly Access Points in Low-Populated or
• Foster economic growth and social wellbeing through
Economically Disadvantaged Areas
community development initiatives
by Type
Financial • Develop affordable and accessible products and services • FS14:
M12
inclusion to promote financial inclusion in the nation Initiatives to Improve Access to
Financial Services for Disadvantaged
People
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