Integrated Annual Report

Overview

The report describes MHB's 2024 return to profitability, with revenue of RM3.6 billion and profit before taxation of RM123.3 million after a significant turnaround from 2023. It highlights an 8.5% reduction in carbon intensity against the 2016 baseline, progress toward the 2030 reduction target and 2050 net-zero commitment, and contributions to 13 UNSDGs. The report also details strengthened Board-level sustainability oversight through the Board Sustainability & Risk Committee and continued expansion into offshore wind, hydrogen, CCS, and maritime decarbonisation.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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