Maybank Offers Paid Leave Option for Staff to Pursue Volunteerism Activities

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by KnowESG,



Malayan Banking Bhd (Maybank) has started giving its employees the option of taking one month of paid leave each year to work on long-term sustainability and volunteerism projects.

In a statement released today, Malaysia's largest bank by assets said that this is part of its plan to get employees more involved in activities that are good for the environment and to help them think in terms of sustainability.

Datuk Nora Abd Manaf, the group's chief human capital officer, said that the policy gives Maybank employees the freedom to volunteer when, where, and how they want. This is meant to encourage and empower them even more.

She said there is also the option of 1+1, whereby an additional month’s leave can be applied with the relevant internal approvals.

Maybank is committed to achieving one million hours per year on sustainability and delivering one thousand significant sustainable development goal-related outcomes by 2025.

As of September 30, 2022, its employees have exceeded the annual target with nearly 1.09 million hours clocked on sustainability, whereby 56 per cent of total hours were spent on activities that directly contribute to the group’s long-term sustainability commitments.

For more social and governance news

Source: The Star


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