Hong Leong Bank (HLB) has won the Best Domestic and Islamic Bank for Sustainable Energy Financing award at the National Energy Awards 2024, marking its third win at this event. The award highlights the bank’s efforts in sustainable financing, which includes RM15.4 billion in green building and affordable property financing, RM3.64 billion in renewable energy financing, and RM1.4 billion in green car loans as of December 2024. Additionally, the bank has reduced its operational carbon emissions by 23% since 2019, aligning with its commitment to achieving net-zero emissions by 2050.
HLB’s managing director of business and corporate banking, Yow Kuan Tuck, emphasized that sustainability is a core part of the bank’s strategy, reflecting its brand value of “Here For The Long Term.” He noted that sustainability is not just a compliance requirement but a strategic priority, creating investment opportunities in green projects and contributing to the national transition to a net-zero carbon economy. This approach positions HLB as a key partner in advancing the green economy while unlocking new avenues for investment and long-term economic growth.