10 KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2023 ABOUT THIS REPORT WE ARE KENANGA LEADERSHIP STATEMENTS SUSTAINABILITY AT KENANGA Celebrating the 50th anniversary of Kenanga Investment Bank Berhad this year and half a century of excellence as a homegrown brand, we are pleased to witness the transformative journey of our sustainability efforts in recent years, evolving in tandem with global and local sustainability imperatives. The paradigm shift towards climate-resilient business operations, enhanced ESG reporting, and increased transparency resonates profoundly, compelling the Group to continue aligning its ESG undertakings with both international and domestic benchmarks. STRENGTHENING ESG FOUNDATION In 2023, we rolled out the first year of our three (3)-year Sustainability Roadmap, designed to guide our ESG planning and execution, predicated on our Sustainability Framework that was formulated two (2) years ago. With a focus on ‘Strengthening ESG Foundation’, the year saw further integration of Sustainability Key Performance Indicators (“KPIs”) CHAIRMAN’S MESSAGE I am pleased to share with you the Sustainability Report for 2023, which illustrates our ongoing dedication to environmental, social and governance (“ESG”) initiatives and our progress toward fostering a sustainable future. DEAR SHAREHOLDERS, throughout the organisation, and preparing for climate-related financial disclosures to align with regulatory mandates. We also prioritised enhancing the skills of roles crucial to sustainability, recognising the pivotal role of human capital in our sustainability endeavours. Additionally, in meeting regulatory requirements and to promote further transparency and build trust with our stakeholders, we have initiated for the first time, independent assurance of key disclosures within this Sustainability Report. Further to this, as part of our commitment to further embed and solidify sustainability leadership at the Board level, we updated and expanded the Board Charter and Terms of Reference of Board Committees to formalise Board oversight on matters relating to climate-related risks, underscoring our dedication to not only addressing current challenges but also fostering a climate-resilient business ecosystem. Central to the Group’s operations is a persistent focus on maintaining the highest standards of good governance. In 2023, our Whistleblowing Policy was refined to include a comprehensive Speak Up Framework and a Speak Up Policy that lays the foundation for the Framework and provides, amongst others, assurance to all relevant stakeholders, both internal and external, of the safeguards accorded when making a report in good faith and that all reports will be handled objectively and impartially.
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