Sustainable Supply Chain

Sustainable Supply Chain management at RHB Banking Group is defined by the commitment to promote responsible and sustainable practices across RHB Banking Group’s supply chain in response to increasing scrutiny over key ESG issues in the ASEAN region, such as bribery and corruption, labour exploitation, and environmental degradation. By adopting responsible strategies, RHB Banking Group aims to empower our suppliers and vendors to adopt sustainable practices, prioritizing transparency, ethical sourcing, and environmental stewardship to create a value chain that delivers positive economic, environmental, social, and governance outcomes for long-term success, value for their business, and society as a whole.

Key Highlights

100% of Tier 1 and large Tier 2 Suppliers engaged through the Supplier Code of Conduct Implementation Plan

90% of procurement spending directed towards local suppliers

45% of our critical Malaysian suppliers are at the Advanced or Leader levels of ESG maturity

Key Initiatives

Sustainable Procurement

• RHB is committed to embedding good practices by advocating responsible and sustainable procurement across the Group’s supply chain, for the betterment of our planet and future generations.

  
  
  

• Sustainable procurement entails acquiring goods and services in a manner that benefits not only the organization but society as a whole and local economies.

  
  
  

• RHB's Supplier Code of Conduct articulates our commitment to conducting business in an ethical and responsible manner, emphasizing the importance of respecting individual rights and minimizing environmental impact.

  
  
  

• We expect our suppliers to adhere to these principles. In line with our sustainability commitments, strategies, and objectives, we aim to work closely with our suppliers to attain elevated standards and implement best practices throughout our entire supply chain - “Together We Progress”.

  
  
  

Code of Conduct for Suppliers