Page 91 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 Sustainability Statement 6 7 8 89

GOVERNANCE
Material Matter Our Commitment Relevant Goal and Standard
• Financing practices are guided by principles that Goal:
M12 Responsible Financing
integrate ESG considerations
• Credit decisions are made with an emphasis on
responsible outcomes, ensuring that financial
services contribute to long-term positive impacts Standard:
and avoid adverse effects on people and the planet • GRI 201:
Economic Performance
• Engaging suppliers who demonstrate compliance
M13 Procurement Practices • GRI 204:
with sustainability principles, ethical labour
practices, and responsible production standards Procurement Practices
• GRI 205:
• All operations are conducted in accordance with Anti-corruption
M14 Ethics and Integrity
high ethical standards and regulatory expectations • Malaysian Anti-Corruption
• Zero tolerance is maintained for bribery and Commission (MACC) Act
corruption, with strong internal controls to reinforce • ISO 37001:
accountability, transparency, and trustworthiness Anti-Bribery Management System
• ISO 20400:
Sustainable Procurement
• Bank Negara Malaysia’s Corporate
Governance Policy
• IFSB-15:
Revised Capital Adequacy
Standard