1. At a transactional level Including upon origination and extension of credit, investment in financial assets, and structuring of capital market transactions. In assessing the climate risk of a transaction, BIMB conducts due diligence of the potential use of proceeds of a new or existing financing facility. The use of proceeds may be tied to certain GPs based on the climate impact of the economic activity. 2. At an entity level Including an overall assessment of a business customer’s sustainability policies, action plans, implementation of sustainability roadmaps, and issues or incidents related to ESG. In assessing the climate impact of a business entity, BIMB assesses the customer’s disclosures including, but not limited to, the following; Broad Limitations: For company (corporate, commercial or SME) financing, this is generally clear for term financing. For certain financing products where the use of proceeds is tied to working capital requirements that are not clearly defined at the onset, continuous monitoring at annual review intervals are required to ensure that the Bank has knowledge on the use of proceeds. For retail financing, there is generally no provision to limit the use of personal financing, for example, to certain use cases. Where the Bank has structured certain products, i.e. solar financing for a specific use case, this may be tied to GP1. In cases where there are no specific use limitations, the financing is tied to GP3 if no clear environmental harm is identified. Sustainability Policies Sustainability Roadmaps Certification and Third-party Verified Action Plans Carbon Emissions Reporting and Reduction Targets Grievances and Complaints related to the Entity/Group SUSTAINABLE FINANCE BANK I SLAM MALAYS IA BERHAD 120
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