2 KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2023 ABOUT THIS REPORT WE ARE KENANGA LEADERSHIP STATEMENTS SUSTAINABILITY AT KENANGA ABOUT THIS REPORT This Report provides an overview of our approach towards managing our stakeholder-relevant environmental, social and governance (“ESG”) topics, goals and performances. Also outlined in this Report, is our progress in integrating sustainability into our strategies, business practises, products, and services to provide long-term value to our stakeholders as we continue to innovate in the marketplace. Following the release of our Sustainability Report in 2022, further enhancements have been made in this year’s disclosures to include Scope 3 disclosure on employee commute. Reporting Scope and Boundaries The contents of this Report encompass full year data for the fiscal year ending December 2023, from 1 January 2023 to 31 December 2023 (“2023” or “FY2023”), which cover our operations in Malaysia, including our Kuala Lumpur-based headquarters - Kenanga Tower, branch offices and other business premises under the Group nationwide, unless stated otherwise. All monetary values are reported in Malaysian Ringgit (“RM”) and this Report should be read in conjunction with our Annual Report 2023. Guidelines and Standards This Report complies with Bursa Malaysia Securities Berhad (“Bursa Malaysia”)’s Main Market Listing Requirements and has been prepared in reference with the Global Reporting Initiative (“GRI”) Standards. The GRI Content Index can be found on pages 88 to 91 of this Report. The Report also serves as a Communication on Progress (“CoP”) report as part of our commitment to UNGC. Bursa Malaysia Sustainability Reporting Guide (3rd Edition) United Nations Sustainable Development Goals (“UN SDGs”) Recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”) Joint Committee on Climate Change (“JC3”)’s TCFD Application Guide for Malaysian Financial Institutions Bank Negara Malaysia’s Climate Change and Principle-based Taxonomy (“BNM CCPT”) United Nations Global Compact (“UNGC”)’s Ten Principles Malaysian Code of Corporate Governance (“MCCG”) by the Securities Commissions Malaysia (“SC”) In preparation of this Report, the ESG performance and disclosures were also benchmarked against internationally recognised ESG ratings and frameworks, primarily focusing on Financial Times Stock Exchange (“FTSE”) Russell’s ESG Ratings and industry-relevant Sustainability Accounting Standards Board (“SASB”) indicators, which provide guidance on improving our reporting transparency and disclosures whilst reinforcing our sustainability strategies and direction. The greenhouse gas (“GHG”) emissions were calculated using the GHG Protocol Corporate Standard, an international assurance standard developed by the World Business Council for Sustainable Development and the World Resources Institute (“WBCSD/ WRI”). We have further aligned our ESG disclosures with the following: Kenanga Investment Bank Berhad (“KIBB”) and Its Group of Subsidiaries (“Kenanga Group” or “the Group” or “Kenanga”) presents our third standalone Sustainability Report 2023 (“the Report”), which complements our Sustainability Statement within our Annual Report 2023.
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