- Overview
- Strategy
- Governance
- Corporate Social Responsibility
-
OverviewIn 2022, we began embedding environmental, social, and governance (ESG) principles into our corporate strategy and operations—reflecting our commitment to co-creating a sustainable future for our people, clients, and communities.
2022- Appointment of a sustainability expert to the Baiduri Bank Board of Directors
2023- Awarded BCA Green Mark Certification by Singapore’s Building and Construction Authority
- Established Sustainability Committee
2024- Conducted double materiality assessment
- Formulated Baiduri Greenprint
- Became a signatory to the United Nations Global Compact (UNGC)
2025- Appointed a Head of Sustainability
- Published first sustainability report
- Financed Brunei Darussalam’s first 30-megawatt solar photovoltaics power plant
Baiduri Materiality Assessment
To better understand what matters most, Baiduri Bank Group conducted a double materiality assessment in 2024—pinpointing key topics with potential financial and non-financial impact on our business and stakeholders.
Our approach for materiality assessment:
We received responses from 250 stakeholders:
Baiduri Materiality Matrix
The assessment identified 19 material topics important to Baiduri Bank Group as follows:
Membership into national and international organisations
As part of our commitment to strengthening our sustainability framework and aligning with global best practices, Baiduri Bank actively participates in key national and international organisations. These affiliations allow us to help shape sustainable finance policies and advocate for responsible banking.- United Nations Global Compact (UNGC) as a signatory.
- Industry Advisory Panel (IAP) of the ASEAN Taxonomy Board as a member.
- SDG Advocates Group as a representative for Brunei Association of Banks (BAB).
For more information, please contact us via email at [email protected] -
Strategy
The integration of ESG principles into
our
group is guided by the
Baiduri
Greenprint,
built on 3 pillars:
People, Process
and
Planet.
Baiduri Greenprint
Vision
Creating a sustainable and profitable business
Focus
People
- Talent attraction, development and retention
- Employee wellbeing
- Diversity and inclusion
- Community development
Process
- Customer experience
- Cybersecurity and data privacy
- Digitalisation and innovation
Planet
- Climate change
- Sustainable financing and banking
- Sustainable procurement
Enabling culture
Trustworthy
Inclusivity
Empathy
Enterprising
Foundations
Risk management
Corporate governance & compliance
Anti-bribery & corruption
PeopleFocuses on talent attraction, employee well-being, diversity and inclusion, and leadership development and community development.
ProcessEncompasses digital transformation, innovation, cybersecurity, data privacy, and enhancing customer experience.
PlanetAddresses climate change, sustainable financing, responsible procurement, and green business practices. -
GovernanceThe process of integrating sustainability is governed by the Bank’s existing corporate governance framework. We are committed to upholding good corporate governance standards and are guided by principles of good corporate governance enumerated in the Guidelines on Corporate Governance for Banks issued by the Brunei Darussalam Central Bank (BDCB).
Our Board of Directors, Management Committee and employees are guided by the following internal governance policies - but not limited to:- Group Code of Conduct and Ethical Standards
- Group Compliance Policy
- Group Whistleblowing Policy
- Group Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Guidelines
- Group Anti-Bribery and Corruption Policy
In 2023, the Sustainability Committee was established to oversee the development and implementation of ESG principles into the Group’s strategy and operations. The Committee is chaired by the Deputy Chief Executive Officer (Consumer Banking) and reports to the Group Risk Management Committee. It consists of representatives from key divisions and departments across Baiduri Bank and its subsidiaries.Sustainability Governance
The
Sustainability Committee
oversees the
development and
implementation
of
(ESG) principles into the Group’s strategy and operations.
The Committee reports to the Group Risk Management Committee.
Baiduri Bank Group Sustainability Structure
Group Risk Management Committee
Deputy Chief Executive Officer, Consumer Banking
Head of Sustainability (Lead)
Sustainability Committee
Sustainability Ambassadors
The integration of sustainability is governed by the Group’s existing corporate governance framework, which consists of:
- Group Code of Conduct and Ethical Standards
- Group Compliance Policy
- Group Whistleblowing Policy
- Group Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Guidelines
- Group Anti-Bribery and Corruption Policy
- Group IT Security Policy
- Group Privacy Policy
- Group Conflict of Interest Policy
- Group Recruitment Policy
- Group Gifts Guidelines
- Standards on Disclosures of Products and Services Information
-
Corporate Social Responsibility
SocialEngaging with the local community is an important aspect of our CSR framework. It provides us with the opportunity to show our community that we care and that we are here to not only provide a business service, but also for the betterment of our community in the areas of arts and culture, community welfare and charity.Key initiatives include:- The Baiduri Masters
- Baiduri Let’s Give Back This Ramadhan
EconomicWe strive to create a competitive marketplace with our partners by improving the overall financial literacy of the general public, promote a better business environment, improve business relations, upskilling key demographics and supporting entrepreneurship.Key initiatives include:- Baiduri Santai Sahur
EnvironmentalWe strive to reduce any damaging effects on the environment from our business activities promoting zero waste, supporting green causes and raising awareness on climate issues.Key initiatives include:- Baiduri Lokal Market
