OUR APPROACH TOWARDS SUSTAINABILITY
The Public Bank Group’s sustainability agenda is guided by four sustainability themes – Protecting the Environment, Proficient Employees, Prosperous Customers and Communities, and Principled Conduct – to drive the creation of shared values and contribute to the best interest of its stakeholders and its business. Underpinning the themes are seventeen (17) material sustainability matters to deliver positive environmental, social and governance (“ESG”) outcomes.
The Public Bank Group has been supporting the United Nations Sustainable Development Goals (“UN SDGs”) since 2018. The Group mapped its material sustainability matters to the UN SDGs for alignment with the global goals. The Group contributes towards twelve (12) of the UNSDGs and their respective targets.
KEY SUSTAINABILITY COMMITMENTS
SUSTAINABILITY GOVERNANCE
The Public Bank Group ensures its governance system supports appropriate sustainability management, with the Board of Directors setting the directions and effective oversight, as well as ensuring ESG objectives are embedded across its business activities and operations.
AWARDS AND RECOGNITIONS
The Public Bank Group’s efforts are acknowledged by global institutions through awards and recognitions.
The Public Bank Group has been assessed according to the FTSE4Good criteria, and has met the requirements to remain as a constituent of the following indices in the FTSE4Good index series since December 2015:
- FTSE4Good Bursa Malaysia Index
- FTSE4Good ASEAN5 Index
- FTSE4Good Emerging Index
The Public Bank Group has secured an AA rating from MSCI ESG Ratings, as a testament of the Group's resilience to long term ESG risks.
The Public Bank Group was awarded a Gold award in The Asset ESG Corporate Awards 2022, which the Group has attained since 2019, affirming the Group's unwavering commitment in adhering to ESG standards as well as enhancing its sustainability practices.
