Hong Leong Bank leads the way in ESG

According to CGS-CIMB Research, strong ESG standard is a plus for Hong Leong Bank.

PETALING JAYA: Hong Leong Bank Bhd (HLB) appears to have one of the best environmental, social and governance (ESG) standards among banks in Malaysia.

The fifth-largest lender in Malaysia is noted for its efforts in promoting ESG practices across its operations. These include working with its borrowers to improve ESG standards; incorporating ESG evaluation in its loan approval process; and practising disclosure of ESG-related information.