Kenanga-Sustainability-Report-2022

2 3 Environmental Stewardship About This Report Who We Are Progressing Towards A Sustainable Future Managing Our Sustainability Risks Good Governance Sustainable Economic Growth Awards and Recognitions Empowering People and Communities KENANGA INVESTMENT BANK BERHAD Sustainability Report 2022 GRI Content Index ESG Performance Data ABOUT THIS REPORT Reporting Scope and Boundaries The contents of this Report encompass full year data for the fiscal year ending in December 2022, from 1 January 2022 to 31 December 2022 (“2022” or “FY2022”), which cover our operations in Malaysia, including our Kuala Lumpur-based headquarters, Kenanga Tower and branch offices nationwide. All monetary values are reported in Malaysian Ringgit (“RM”) and this Report should be read in conjunction with our Annual Report 2022. Guidelines and Standards This Report complies with 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 94-96. We have further aligned our ESG disclosures with the following: • Bursa Malaysia Securities Berhad (“Bursa Securities”) 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 The Report also serves as a Communication on Progress (“CoP”) report as part of our commitment to UNGC. In preparation of this Report, the ESG performance and disclosures were also benchmarked against internationally recognised ESG ratings and frameworks, primarily focusing on FTSE Russell’s ESG Ratings and industry-relevant Sustainability Accounting Standards Board (“SASB”) indicators, which provide guidance in improving our reporting transparency and disclosures whilst reinforcing our sustainability strategies and direction. The GHG emissions were calculated using an international assurance standard, the GHG Protocol Corporate Standard, developed by the World Business Council for Sustainable Development and the World Resources Institute (“WBCSD/ WRI”). ABOUT THIS REPORT Report Assurance The Group Sustainability Management Committee, Group Governance Nomination & Compensation Committee, Audit Committee, and the Board of Directors have internally reviewed, assured and approved the Sustainability Report 2022 and Sustainability Statement 2022. We are continuously refining our data collection process to enhance our disclosures in future reports. Moving forward, we aim to seek assurance for our sustainability reporting and statement. Forward-Looking Statements Disclaimer This Report contains certain forward-looking statements relating to future performance where such statements are premised on current assumptions and circumstances, which could change due to various reasons, such as shift of stakeholders’ ESG priorities. Various factors could cause actual results to differ materially from those expressed or implied by these forward-looking statements. As such, the forward-looking statement will be reviewed for its relevancy in our upcoming reports as needed. Feedback and Accessibility We welcome all feedback and comments, kindly direct them to: Group Chief Sustainability Officer, Group Marketing, Communications and Sustainability Kenanga Investment Bank Berhad Level 17, Kenanga Tower, 237, Jalan Tun Razak, 50400 Kuala Lumpur, Wilayah Persekutuan, Malaysia Tel : +603-2172 2888 Email : [email protected] Our Sustainability Report 2022 is also available on our corporate website (https://www.kenanga.com.my/who-we-are/sustainability). Kenanga Investment Bank Berhad (“Kenanga”, “the Group” or “Kenanga Group”) presents our second standalone Sustainability Report 2022 (“the Report”), complementing our brief Sustainability Statement within our Annual Report 2022. This report provides a detailed overview of our approach towards managing our stakeholder-relevant environment, social and governance (“ESG”) topics, goals and performance. We have outlined 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 the investment banking landscape. Following the release of our inaugural Sustainability Report in 2021, further enhancements have been made in this year’s disclosures which include Scope 1 and 2 Greenhouse Gas (“GHG”) emissions data inclusive of branch offices nationwide, Scope 3 disclosure on business travel and the inclusion of a new material topic which is Employee Health, Safety and Wellbeing into our materiality assessment. Scan here to our sustainability microsite for more information and downloads.

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