Baiduri Bank has been recognised as a 3-Star Lister on the inaugural ESG Select List 2025 by United Nations Global Compact Network Malaysia & Brunei, underscoring the bank’s continued commitment to sustainability across its operations and partnerships.
The recognition highlights Baiduri Bank’s achievements across three key categories. Under ESG Trailblazer, the bank was acknowledged for its role as sole financier of Brunei Darussalam’s first 30-megawatt solar photovoltaic power plant, supporting the nation’s goal of increasing renewable energy capacity to 30 per cent by 2035.
In the ESG Breakthrough Innovation category, the bank was recognised for launching Baiduri Tap2Pay, the country’s first Near Field Communication (NFC)-enabled mobile payment solution.
The initiative aims to empower micro, small, and medium-sized enterprises (MSMEs) by enabling seamless, contactless transactions.
The third category, Purposeful Partnership, honours Baiduri Bank’s efforts in strengthening MSME development through collaborations with the Brunei Economic Development Board and industry associations such as the Persekutuan Peniaga-Peniaga Melayu Brunei and the Young Entrepreneurs Association of Brunei. The establishment of the Baiduri Enterprise Hub further supports businesses through advisory services, capability-building programmes and collaborative initiatives.
The ESG Select List framework awards one star per category, with up to five stars recognising excellence across various sustainability dimensions, including innovation, partnerships and ESG integration.
The recognition was presented by UNGCMYB representatives, including Executive Director Faroze Nadar and Deputy Executive Director Angeline Seah, to Ti Eng Hui, Chief Executive Officer of Baiduri Bank. The presentation was witnessed by senior members of the bank’s management and sustainability committees.
Speaking on the achievement, Ti Eng Hui said the recognition reflects the bank’s integrated approach to sustainability.
“Sustainability at Baiduri Bank is embedded in how we invest, innovate and collaborate. From supporting renewable energy infrastructure to advancing digital solutions that empower MSMEs, our focus remains on creating long-term value for our stakeholders while contributing meaningfully to Brunei’s sustainable development,” he said.
As a signatory to the United Nations Global Compact, Baiduri Bank continues to align its strategies with global sustainability frameworks through its Baiduri Greenprint, which is anchored on the pillars of People, Process and Planet.
The ESG Select List recognises corporate members that demonstrate consistent progress, transparency and innovation in embedding environmental, social and governance principles within their organisations, while contributing to the United Nations Sustainable Development Goals.
THE BRUNEIAN | BANDAR SERI BEGAWAN
