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Our Material Matters Banner

Our Material Matters

Identifying what matters most — to our stakeholders, our business, and the world we operate in.

Our Approach to Materiality

We recognise that the global banking industry is continuously evolving, with increasing pressure and expectations from society. Materiality assessment is one of our key approaches to identifying the critical economic, environmental and social matters for our organisation, based on input from our stakeholders. We apply the concept of double materiality in our approach, considering both the potential impact of our activities on the environment and society, and how environmental and societal matters may, in turn, impact our business.
 
Our material matters guide us in driving long-term value creation and competitiveness for the Group. The outcome of the materiality assessment informs our sustainability strategy, which aims to address the material impacts identified, and supports our ambition to become an ASEAN sustainability leader. We set measurable and ambitious goals and targets on our strategies and plans to address each identified material matter, which are reported annually in our Sustainability Report, alongside annual progress.
 
Based on the outcome of our materiality assessment, we prioritised 13 material topics that represent CIMB’s most significant impacts on the economy, environment and society — and the most significant impacts these areas have on CIMB.