Hong Leong Financial Group Bhd 2019 Annual Report with Sustainability Disclosures
Company: Hong Leong Financial Group Bhd
Sector: Finance & insurance
Country: Malaysia
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 324
The report presents the Group's sustainability matters through its material banking and investment-banking subsidiaries, which collectively contribute over 90% of Group pretax profit. It states that the sustainability content was prepared in accordance with the GRI Standards Core option and guided by TCFD Recommendations and the UN Sustainable Development Goals. FY19 initiatives included digital projects yielding approximately RM55 million in cost savings, a 12% reduction in fuel and electricity consumption from FY17 to FY19, and paper-saving measures.
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