Page 32 - Exim iar24_Ebook

EXIM BANK MALAYSIA
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SUSTAINABILITY
JOURNEY

3. SUSTAINABILITY GOVERNANCE

Sustainability is a responsibility of all employees of EXIM Bank. As part of the commitment, we have implemented governance
framework to integrate sustainability into our operations. Guided by clear policies and guidelines, this framework ensures that
ESG considerations are embedded in our business practices, thus supporting the creation of a greener and more responsible
financial ecosystem.

a. The Governance Structure
To integrate our strategic plans with sustainable value on long-term basis for our stakeholders, a Sustainability
Committee was established. The Committee reports directly to the Executive Committee (EXCO) and is responsible for
overseeing and implementing the Bank’s sustainability activities and initiatives.
A dedicated sustainability team had been formed under the Strategy Office, led by the Head of Sustainability Department.
This team ensures that the Bank’s sustainability goals are aligned with its overall strategic vision, thereby maximising our
impact on sustainable development and responsible financial practices.
Through this governance structure, climate risk oversight is embedded into the Bank’s decision-making process,
reinforcing our commitment to responsible and sustainable banking.
The diagram below illustrates the governance hierarchy and reporting lines of the Sustainability Committee and its
supporting functions.

Board of Directors (BOD)

Board Risk Committee (BRC)

Management Risk and Compliance
Committee (MRCC)

Executive Committee (EXCO)

Sustainability Committee Diagram 2: Sustainability Governance Structure
and Reporting Lines

i. Board of Directors iv. Management Risk and Compliance Committee
The Board of Directors (BOD) exercises overall Management Risk and Compliance Committee
effective oversight of climate-related risks to (MRCC) oversees the policies and procedures
safeguard the Bank’s resilience against the implementation and to support climate resilience
adverse impacts of climate change. as well as actively promote a just and orderly
ii. Board Risk Committee transition of customers and counterparties.
Board Risk Committee (BRC) is responsible and v. Sustainability Committee
accountable to safeguard the Bank’s resilience The Sustainability Committee comprises six (6)
against adverse impacts of climate change while appointed committee members and three (3)
actively promoting a just and orderly transition of permanent invitees. The composition includes
the economy. individuals whose roles are critical to the success
iii. Executive Committee of the Bank’s sustainability agenda. These
Executive Committee (EXCO) oversees the Bank’s members are strategically selected for their
leadership capabilities and their ability to drive
overall Sustainability Implementation Roadmap in meaningful progress in embedding sustainability
ensuring alignment to the sustainability strategy across the organisation.
and corporate strategy.