Maybank Sustainability Report 2013 - page 37

35
MAYBANKSustainabilityREPORT2013
Apart from community programmes through the Foundation, there is also a range of activity that is led from within our separate business divisions around the world.
These initiatives respond to the needs of both local communities and employees.
Notes:
1.
Total expenditure (excluding zakat) in 2012 — RM60 million; 2013 — RM66 million.
2.
Zakat paid by Maybank Islamic and Etiqa, 2012 — RM7.2 million; 2013 — RM15 million.
3.
The above is inclusive of Maybank Foundation’s expenditure.
4.
Total CR expenditure in 2012 is 1.1% of 2012 PATAMI (RM5.74 billion) and in 2013 it is 1.01% of 2013 PATAMI (RM6.55 billion).
totalspend2013
focus areas
Amount (RM)
Education — Scholarship and Financial Literacy
17,856,000
Community Empowerment for Disabled Community
10,045,000
Arts and Culture
1,035,000
Environmental and Biodiversity
391,000
Healthy Living
35,426,000
Others
1,725,000
Total amount
66,478,000
COMMUNITyANDCITIZENSHIP
We invest directly in the societies in which we operate with the aim of creating impact. Around Asia, we enable educational, social, and economic projects that build social
capital and bring about positive change. With a total investment of RM66,478,000 in 2013, Maybank Group and Maybank Foundation were amongst Asia’s most active corporate
citizens. On top of financial support, over 23,000 employees gave 119,000 volunteer days and contributed their expertise, knowledge, and skills to strengthen various community
programmes.
We aim to unlock social value in communities. Linking community engagement with the scope of our business means that we are able to invest for impact. Investing for impact
means converting our broader vision into long-term tangible results for the community. Community engagement is a multidimensional process. At its core is a lack of opportunity
or inability to choose a life of value. This is caused not only by money and resources but also a lack of ability to use resources due to economic and social instances as well as other
factors such as natural disasters. As we have had a longstanding tradition of investing in local communities by supporting good causes and NGOs around the world, we are able
to accelerate shared aspirations for growth across ASEAN. The five focus areas that we invest in are education, arts, culture & heritage, community empowerment, environmental
diversity as well as healthy living & sports. In 2013, the majority of spend was in health, education and community empowerment. RM66,478,000 was utilised across the activities and
programmes amounting to 1.01%of PATAMI in 2013.
5focusareas
1.01%
of PATAMI on
community spend
RM15
mil
on zakat
53.3%
HEALTHY
LIVING
2.59%
OTHERS
26.9%
EDUCATION
1.6%
ART & CULTURE
15.1%
COMMUNITY
EMPOWERMENT
0.6%
ENVIRONMENTAL
DIVERSITY
G4-SO1, G4-EC7, G4-EC8
ourapproach—
investingforimpact
1...,27,28,29,30,31,32,33,34,35,36 38,39,40,41,42,43,44,45,46,47,...116
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