Affin Bank Berhad | Annual Report 2020

SUSTAINABILITY GOVERNANCE We have revised the Group’s Sustainability Governance Structure in Q1 2021. The new governance structure, together with the scope of responsibilities at each level are outlined below: BOARD OF D I REC TORS ( BOARD ) • Promote sustainability through appropriate ESG considerations in the Group’s business strategy • Accountable for reviewing, adopting and monitoring the implementation of the Group’s overall sustainability strategies, by taking into account the ESG impacts arising from business operations and strategic decisions GROUP BOARD R I SK MANAGEMENT COMM I T T EE ( GBRMC ) • Responsible for the overall implementation and management of the Group’s sustainability performance • Identify, implement and monitor key activities related to managing sustainability matters across the Group’s operations • Provide oversight, monitor and implement sustainability related policies and objectives as approved by the Board • Monitor and track the Group’s sustainability performance and issues to be reported and advised to the Board • Review the Group’s sustainability disclosures prior to submission for the Board’s approval before publishing SUS TA I NAB I L I T Y MANAGEMENT COMM I T T EE ( SMC ) • Chaired by the Group Chief Executive Officer (GCEO), the SMC is supported by MCM sub-committees on matters such as Governance, Risk & Compliance, Branch Performance & IT, Operations, Digital and Customer Experience • Assist the Board in managing the day-to-day operations, formulating tactical plans and business strategies while monitoring the Group’s entities’ overall performance • Ensure all business activities conducted are in accordance with the Group’s corporate objectives, strategies, policies as well as its Annual Business Blueprint and Budget • Approve corporate sustainability objectives and review its progress in achieving them SUS TA I NAB I L I T Y WORK I NG GROUP ( SWG ) • Chaired by the Group Chief Corporate Strategy Officer and supported by respective Heads of Divisions and sustainability representatives from various functions across all business segments • Identify, assess, evaluate, manage and report on current emerging sustainability risks and opportunities relevant to the Group’s operations • Develop the Group’s sustainability disclosures to ensure compliance with regulatory requirements and subsequently recommending for the Board’s approval • Monitor and provide progress updates on the Group’s sustainability activities, performance and initiatives based on the strategies and policies set by the Board, supervised by the GBRMC • Monitor the implementation and the action plans of the Group’s Sustainability Roadmap 94 SUSTAINABILITY STATEMENT ORGANISATION EXECUTIVE SUMMARY CORPORATE GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION SUSTAINABILITY GOVERNANCE