Hong Leong Bank introduces ESG framework

From left: Hong Leong Bank officials: Chief marketing & communication officer Zalman Zainal; managing director – business & corporate Banking Yow Kuan Tuck; chief financial officer Malkit Singh Maan and group MD and CEO Domenic Fuda. They are accompanied by Sunway University and Sunway Education CEO Dr Elizabeth Lee; deputy director of Jeffery Sachs Center on Sustainable Development, Sunway University Prof Leong Choon Heng, Sunway University’s Prof Agamutu Pariatamby and research fellow, Jeffery Sachs Center on Sustainable Development Dr. Chen Jit Ern.

KUALA LUMPUR: Hong Leong Bank Bhd has introduced its environmental, social and governance (ESG) considerations in its credit evaluation of its SME and corporate customers.

In a statement issued on Wednesday, it said the ESG framework was part of its efforts towards developing sustainability financing practices.