16 KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2023 ABOUT THIS REPORT WE ARE KENANGA LEADERSHIP STATEMENTS SUSTAINABILITY AT KENANGA SUSTAINABILITY AT KENANGA As a financial institution, we acknowledge the significant role we play in contributing to the development of a sustainable future. Our commitment is rooted in integrating sustainability into our operations, generating shared value for all stakeholders. We consistently incorporate sustainability into our business practices and decision-making processes, recognising it as both a driver of risks and a source of opportunities. CONTRIBUTING TOWARDS UN SDGS AND UN GLOBAL COMPACT’S TEN PRINCIPLES Below are the 11 SDGs Kenanga contributes towards. Additionally, as a signatory member of the United Nations Global Compact (“UNGC”) Network, we have also aligned our sustainability efforts with the UNGC’s Ten Principles. Key highlights are illustrated below: UN SDGs SDGs Targets We Contribute Towards Relevant UNGC Principles Our Contribution to UN SDGs and UNGC Ten Principles Our Progress in FY2023 1.4 Equal rights to economic resources, as well as access to basic and financial services Principle 1: Business should support and respect the protection of internationally proclaimed human rights • Extending support to our local communities through philanthropic contributions and social investments • Supporting social enterprises through our community investment efforts • Donated over RM600,000 to community investments, positively impacting over 2,700 lives • Provided consistent support to social enterprise partners, Silent Teddies and Dialogue Includes All Academy for 12 consecutive years 4.4 Increase the number of people with relevant skills for employment, decent jobs and entrepreneurship Principle 1: Business should support and respect the protection of internationally proclaimed human rights • Promoting financial literacy across the industry through our community programmes and industry financial literacy initiatives • Participated in and organised 119 sessions (webinars, exhibitions, seminars and live series) for approximately 8,000 participants 5.5 Women’s full and effective participation and equal opportunities for leadership Principle 6: The elimination of discrimination in respect of employment and occupation • Supporting the empowerment and representation of women in our workforce • 51% of our workforce and 38% of key/ senior management are women • Gender pay ratio averages 1:0.92 (men to women) 7.2 Increase global percentage of renewable energy 7.3 Double the global rate of improvement in energy efficiency Principle 9: Encourage the development and diffusion of environmentally friendly technologies • Investing in green energy companies and converting to energy-efficient equipments in efforts to reduce our energy consumption in our building and business operations • Kenanga Tower wins ‘Energy-Efficient Retrofitted Building’ at National Energy Awards 2023 8.5 Full and productive employment and decent work for all 8.10 Expand access to banking, insurance and financial services for all Principle 2: Make sure that they are not complicit in human rights abuses Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining Principle 4: The elimination of all forms of forced and compulsory labour Principle 5: The effective abolition of child labour Principle 6: The elimination of discrimination in respect of employment and occupation • Ensuring a safe, conducive and thriving workplace for all our employees • Expanding our client base, particularly the unserved/ underserved retail segment via online platforms for trading and investing • Achieved zero workplace injuries • Conducted three (3) mental health talks for employees in collaboration with Naluri, MiCare and Etiqa • Reached over 23,000 users through our AI-based investing and savings platform, Kenanga Digital Investing (“KDI”) 10.2 Social, economic and political inclusion of all Principle 6: The elimination of discrimination in respect of employment and occupation • Uplifting our communities through philanthropic contributions and employee volunteerism, while promoting diversity and nondiscriminatory practices across our employment practices and product • Became a signatory of Women’s Empowerment Principles (“WEPs”) • Became an Official Partner of LeadWomen, a leading advisory and training organisation focused on nurturing an inclusive workplace culture • Conducted a training for people managers on sexual harassment and anti-bullying by an external legal counsel • Recorded a total of 2,423 employee volunteering hours, with participation from 319 volunteers 11.6 Reduce the environmental impact of cities Principle 8: Undertake initiatives to promote greater environmental responsibility • Improving our waste management initiatives through monitoring on waste generated and collected • Continued to improve monitoring on waste management in line with Bursa Malaysia’s reporting requirements
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