Affin Bank Berhad | Annual Report 2020

REPORTING SCOPE AND BOUNDARY This Report is based on our Group-wide sustainability information and data for the period 1 January 2020 to 31 December 2020 (“Reporting Period” or “FY2020”), covering our three (3) main business segments i.e. Commercial Banking, Investment Banking and Insurance. The Group of companies included in these segments are as follows: 92 SUSTAINABILITY STATEMENT ORGANISATION EXECUTIVE SUMMARY CORPORATE GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION Commerc i a l Bank ing • Affin Bank Berhad (AFFIN BANK) • Affin Islamic Bank Berhad (AFFIN ISLAMIC) Inves tment Bank ing • Affin Hwang Investment Bank Berhad (AHIB) • Affin Hwang Asset Management Berhad (AHAM) • AIIMAN Asset Management Sdn Bhd (AIIMAN) Insurance • AXA AFFIN Life Insurance Berhad (AALI) • AXA AFFIN General Insurance Berhad (AAGI) The scope of this Report is per our previous sustainability statements and covers the Group’s operations in Malaysia. It discloses our perspectives, approaches and progress in managing the Environmental, Social and Governance (ESG) impacts arising from our business operations. We will continue to enhance the disclosure of our sustainability performance and we intend to expand our reporting scope to cover across our value chain for our future reporting. REPORTING GUIDELINES AND STANDARDS This Statement is developed based on the guidelines set out in the Main Market Listing Requirements on Sustainability Reporting by Bursa Malaysia, as well as global sustainability frameworks such as the Global Reporting Initiative (GRI) Standards and the United Nations Sustainable Development Goals (SDGs). We are also guided by the Value-Based Intermediation (VBI) framework by Bank Negara Malaysia (BNM) and Sustainable & Responsible Investment (SRI) Roadmap for the Malaysian Capital Market where appropriate, to ensure we continue to address our role in supporting Malaysia’s sustainable growth. ASSURANCE The Group has in place internal reporting procedures for the review of the Statement. Prior to the Board of Director’s (BOD) review, the Statement was reviewed by our Group Board Risk Management Committee (GBRMC) and the Sustainability Management Committee (SMC). We will continue to improve our internal reporting processes to strengthen the credibility of our sustainability disclosures before we move towards obtaining a third-party assurance on our sustainability indicators in the future.