KUALA LUMPUR: RHB Banking Group was recently recognised with four prestigious awards for its efforts in integrating environmental, social and governance (ESG) considerations across its business and decision-making process.
Among the prestigious recognitions were the World's Best Bank for Corporate Responsibility and Asia's Best Bank for Corporate Responsibility at the Euromoney Awards for Excellence 2022 ceremony.
These awards were in recognition of RHB's initiatives to create sustainable positive impacts by enriching and empowering the community, particularly the lower income or B40 community, through various community engagement programmes.
Group managing director and group chief executive officer Mohd Rashid Mohamad said the banking group's community engagement efforts are differentiated by its clear vision and objectives.
He said this was coupled with the bank's holistic approach to engaging the community while remaining focused on ensuring that it delivered impactful and tangible outcomes.
"Our community engagement initiatives are anchored against two pillars – Nurturing Future Generations, which have impacted more than 27,000 B40 students since 2018 through our flagship RHB X-Cel Academic Excellence and Scholarship Programmes as well as our Money Master financial literacy programme.
"Under our Lifting Communities pillar, a total of 130 community projects were mobilised through our RHB Touch Hearts programme, which has touched the lives of more than 100,000 beneficiaries across the region since 2016.
"This puts us on the right track towards achieving our five-year sustainability aspiration to empower over two million people within the region by 2026," he said in a statement today.
The banking group was also recognised at the inaugural 7th Global Good Governance (3G) Awards 2022 ceremony alongside global market leaders that have demonstrated good governance and sustainability as part of its strategic priority.
RHB Group also received the 3G Excellence in Corporate Governance Award 2022 for its efforts in promoting and exercising the best corporate governance practices and raising the bar for corporate stewardship.
"From a corporate governance perspective, we continue to uphold high standards of corporate governance and good business conduct.
"This is done by fostering ethical business practices, strong compliance culture, and zero-tolerance towards bribery and corruption through robust policies and frameworks that support long-term value creation and sustainable business growth," said Mohd Rashid.