Sustainability
HOMESUSTAINABILITY
SUSTAINABILITY
Our Sustainability Journey and How We Create Value
We play a major role as the national reinsurer and leading takaful operator in contributing towards economic stability in markets we operate in.We do this by providing financial relief in the event of the happening of unfortunate fortuitous events. In addition to providing financial relief, the MNRB Group has, over the years, undertaken many initiatives to continuously contribute towards the development of the industry and the community as part of our economic, environmental and social (EES) contribution.
Our Sustainability Approach
At MNRB Group, sustainability is more than a commitment—it’s embedded in everything we do. Guided by our EESG framework (Economic, Environmental, Social, and Governance), we integrate sustainability into our strategy, risk management, operations, and stakeholder engagement. Our approach aligns with UN Sustainable Development Goals (SDGs) and Malaysia’s evolving sustainability landscape. This is not a stand-alone initiative—it’s a shared responsibility across all subsidiaries: Malaysian Re, Takaful IKHLAS Family, and Takaful IKHLAS General. We aim to deliver long-term value by:Our Sustainability Approach
Embracing A Sustainable Future
Embracing Corporate Responsibility
Contributing to enhancement of well-being of local communities through corporate responsibility and value-based intermediation programmes.
Fostering growth of the local insurance and takaful industry through market training and scholarship programmes.
Continuously mitigating environmental impact arising from our business operations.
Our Sustainability Governance
The MNRB Group’s sustainability strategy and performance are overseen by the Board of Directors and reinforced by the Risk Management Committee of the Board (“RMCB”), the Group Management Risk & Compliance Committee (“GMRCC”) and the Sustainability Working Group (“SWG”). The membership and responsibilities of the SWG are set out in our SWG Terms of Reference.
Board of Directors
Accountable for overall management of our corporate strategy and performance, taking into account the EES impacts related to business operations.
Risk Management Committee of the Board
Oversees the delegation of duties by the Board related to the implementation of strategies and overall management of sustainability matters.
Group Management Risk & Compliance Committee
Assists the RMCB and Board to monitor the implementation of strategies and oversees the process of identification, monitoring and management of sustainability matters.
Sustainability Working Group
Responsible for the identification of material sustainability matters, as well as for monitoring and reporting relevant measures and indicators, based on support provided by sustainability champions across various departments. The SWG provides progress updates on sustainability performance to the GMRCC and RMCB periodically.SUSTAINABILITY
Sustainability Statement
Our Sustainability Statement serves to disclose the progress of our sustainability initiatives, performance and achievements.Download to read the full report.
GET IN TOUCH
CSR Contact
For CSR, kindly contact the following:NOORAZIMAH TAHIRVice President & Head of Corporate Communications
+603 2096 8120
azie@mnrb.com.my