KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2024 BASIS OF THIS REPORT OUR APPROACH TO SUSTAINABILITY KENANGA AT A GLANCE GOOD GOVERNANCE LEADERSHIP STATEMENTS SUSTAINABLE ECONOMIC GROWTH ENVIRONMENTAL STEWARDSHIP EMPOWERING PEOPLE AND COMMUNITIES APPENDIX 91 90 By Employee Category Employee Turnover Key Management 2024 2023 2022 2 1 0 Middle Management 2024 2023 2022 71 61 66 Senior Management 2024 2023 2022 5 3 1 Junior Management 2024 2023 2022 149 129 74 Non-executive 2024 2023 2022 22 14 1 Total Number Voluntary Attritions and Rate (%) 142 137 189 2024 2023 2022 10.6 10.1 13.7 Employee Benefits Our employee benefits align with local labour standards and reflect industry practices. Highlights of our employee benefits include: Insurance Coverage Medical Benefits Dental and Optical Fitness Memberships Bonus & Incentives Employees’ Share Option Scheme Leave Allocation Professional Development Private Retirement Scheme Travel and Transport Allowances 4 5 6 7 8 9 10 1 2 3 Parental Leave in 2024 Male Female Total number of covered employees 403 353 Total number of employees that took parental leave 9 11 The total number of employees that returned to work after parental leave ended 9 11 Return to work rate 100% 100% Note: In 2024, the return-to-work rate for parental leave is reported as 100%. However, some employees who commenced their leave in 2024 are scheduled to return in 2025. Engaging the Next Generation in the Financial Industry Universiti Malaya Financial Industry Profession Challenge We sponsored The Financial Industry Profession Challenge (an annual flagship event by the University of Malaya Finance Association (“UMFA”), which serves as a platform for Malaysian undergraduates to explore the dynamic financial sector. In 2024, the event brought together 60 participants, offering them a unique opportunity to engage in training sessions and assessments aligned with real-world industry practices. This initiative aimed to provide practical exposure and foster professional development among future financial professionals. Key Employee Engagement Initiatives Increasing ESG Literacy Through the Biannual #ThinkESG Newsletter The biannual #ThinkESG Newsletter was relaunched in 2024 on the #myKenanga portal to reinforce our commitment to promoting sustainable actions and thought leadership across the organisation. This initiative aims to equip stakeholders with the essential knowledge to support informed decision-making, with the latest edition featuring insights on ESG trends, sustainable supply chains, and the carbon market. Celebrating Our Heritage We celebrate our Founder’s Day annually in honour of our esteemed Founder Emeritus and Adviser, YM Tan Sri Dato’ Paduka Tengku Noor Zakiah Tengku Ismail, Malaysia’s pioneering female stockbroker. This tradition pays tribute to our heritage and celebrates Kenanga’s journey of success in corporate Malaysia since 1973. In 2024, Founder’s Day activities included nationwide virtual games hosted on our #myKenanga Intranet Portal, with 411 employees participating in all activities. Cultural Festive Celebration In 2024, we celebrated Chinese New Year, Hari Raya, and Deepavali by organising both physical and virtual events. Employees also received e-festive money through the Kenanga Money, the stockbroker’s e-wallet mobile application, along with early salary payouts, in line with the festive seasons. The celebrations featured a variety of games and activities with 3,085 participations recorded across all events. Engaging Employees Through the #myKenanga Intranet Portal The #myKenanga Intranet Portal continues to enhance collaboration, communication, and productivity across the organisation, keeping employees informed and connected on developments within Kenanga. As of December 2024, the portal has received over 600,000 views, reflecting strong employee engagement with the content and updates shared. This level of interaction underscores the portal’s effectiveness in fostering a connected, informed, and collaborative work environment. Supporting Employees in Need In FY2024, we distributed zakat contributions received from Zakat Perniagaan and Zakat Wakalah amounting to over RM300,597.93. A total of 270 deserving employees benefitted from these funds, providing significant financial aid for them and their families. Kenanga remains dedicated to providing holistic support for employees’ health and wellbeing, recognising the importance of addressing their overall welfare. The Tengku Noor Zakiah Staff Outreach Fund continues to serve as an initiative specifically to provide financial assistance to employees in need and alleviate the challenges they may face. In 2024, there were no applications from employees seeking financial aid for personal or their immediate family members. EMPOWERING PEOPLE AND COMMUNITIES EMPOWERING PEOPLE AND COMMUNITIES
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