(Bandar Seri Begawan, 20th) Baiduri Bank has been awarded a three-star rating on the inaugural 2025 ESG Featured List by the United Nations Global Compact Network Malaysia & Brunei (UNGCMYB), recognizing its ongoing commitment to advancing sustainable development through its operations and partnerships.
Baiduri Bank received a three-star rating in the following categories:
The ESG Pioneer Award, in recognition of its role as the sole financier of Brunei’s first 30MW solar photovoltaic power station. This project supports the fourth strategy of Brunei’s National Climate Change Policy, which seeks to increase the share of renewable energy in the power generation mix to at least 30% by 2035; The ESG Breakthrough Innovation Award, recognizing Baiduri Bank's introduction of Baiduri Tap2Pay, Brunei’s first mobile payment solution supporting Near Field Communication (NFC), designed to help micro, small, and medium enterprises (MSMEs) meet the growing demand for contactless payments.
Additionally, the Effective Partnership Award recognizes Baiduri Bank's ongoing empowerment of MSMEs through strategic collaboration and capacity-building initiatives with national associations such as the Brunei Economic Development Board, the Brunei Malay Entrepreneurs Association (PPPMB), and the Young Entrepreneurs Association Brunei (YEAB).
Furthermore, Baiduri Bank was acknowledged for establishing the Baiduri Enterprise Hub, which provides dedicated space for businesses to host business consultations, conduct capacity-building activities, and foster deeper collaborations.
According to the ESG Featured List framework, each achievement in a category equates to one star, representing outstanding performance on a specific dimension of sustainability. These areas include purposeful partnerships, breakthrough innovation, workforce development, ESG target setting, and overall ESG integration. The total number of categories an institution achieves is reflected on its official ESG Featured List badge. Institutions may be recognized in up to five categories, and those recognized in all five receive a five-star badge, the highest honor of the program.
Representatives from the United Nations Global Compact and Youth Business Council (UNGCMYB), including Executive Director Faroze Nadar and Deputy Executive Director Angeline Cheah, formally presented the award to Baiduri Bank CEO Ti Eng Hui in the presence of Baiduri Bank Consumer Banking Deputy CEO and Sustainability Committee Chair Manuel Bulens, as well as members of the bank’s management and sustainability committees.
The ESG Featured List aims to recognize UNGCMYB business members who demonstrate ongoing advancement of environmental, social, and governance (ESG) principles in their workforce, operations, and partnerships, as well as transparency and innovation. Unlike highly competitive sustainability awards, the ESG Featured List is a non-ranking form of recognition, intended to honor organizations that actively practice the Ten Principles of the UN Global Compact and make tangible contributions toward the United Nations Sustainable Development Goals (SDGs).
In response, Ti Eng Hui stated: “We are honored to be included in the inaugural ESG Featured List. At Baiduri Bank, the concept of sustainability is embedded in our investments, innovations, and collaborations. From supporting renewable energy infrastructure to advancing digital solutions that empower MSMEs, we are continually committed to creating long-term value for stakeholders, while making meaningful contributions to Brunei’s sustainable development.”
As a signatory to the UN Global Compact, Baiduri Bank continually aligns its strategies with global sustainability frameworks through its 'Baiduri Greenprint.' The blueprint is structured around the pillars of 'People', 'Processes', and 'Planet'. Baiduri Bank remains committed to strengthening responsible financing practices, promoting inclusive economic growth, and supporting Brunei’s transition to a more resilient and sustainable future.
Baiduri Bank received a three-star rating in the following categories:
The ESG Pioneer Award, in recognition of its role as the sole financier of Brunei’s first 30MW solar photovoltaic power station. This project supports the fourth strategy of Brunei’s National Climate Change Policy, which seeks to increase the share of renewable energy in the power generation mix to at least 30% by 2035; The ESG Breakthrough Innovation Award, recognizing Baiduri Bank's introduction of Baiduri Tap2Pay, Brunei’s first mobile payment solution supporting Near Field Communication (NFC), designed to help micro, small, and medium enterprises (MSMEs) meet the growing demand for contactless payments.
Furthermore, Baiduri Bank was acknowledged for establishing the Baiduri Enterprise Hub, which provides dedicated space for businesses to host business consultations, conduct capacity-building activities, and foster deeper collaborations.
According to the ESG Featured List framework, each achievement in a category equates to one star, representing outstanding performance on a specific dimension of sustainability. These areas include purposeful partnerships, breakthrough innovation, workforce development, ESG target setting, and overall ESG integration. The total number of categories an institution achieves is reflected on its official ESG Featured List badge. Institutions may be recognized in up to five categories, and those recognized in all five receive a five-star badge, the highest honor of the program.
Representatives from the United Nations Global Compact and Youth Business Council (UNGCMYB), including Executive Director Faroze Nadar and Deputy Executive Director Angeline Cheah, formally presented the award to Baiduri Bank CEO Ti Eng Hui in the presence of Baiduri Bank Consumer Banking Deputy CEO and Sustainability Committee Chair Manuel Bulens, as well as members of the bank’s management and sustainability committees.
The ESG Featured List aims to recognize UNGCMYB business members who demonstrate ongoing advancement of environmental, social, and governance (ESG) principles in their workforce, operations, and partnerships, as well as transparency and innovation. Unlike highly competitive sustainability awards, the ESG Featured List is a non-ranking form of recognition, intended to honor organizations that actively practice the Ten Principles of the UN Global Compact and make tangible contributions toward the United Nations Sustainable Development Goals (SDGs).
In response, Ti Eng Hui stated: “We are honored to be included in the inaugural ESG Featured List. At Baiduri Bank, the concept of sustainability is embedded in our investments, innovations, and collaborations. From supporting renewable energy infrastructure to advancing digital solutions that empower MSMEs, we are continually committed to creating long-term value for stakeholders, while making meaningful contributions to Brunei’s sustainable development.”
As a signatory to the UN Global Compact, Baiduri Bank continually aligns its strategies with global sustainability frameworks through its 'Baiduri Greenprint.' The blueprint is structured around the pillars of 'People', 'Processes', and 'Planet'. Baiduri Bank remains committed to strengthening responsible financing practices, promoting inclusive economic growth, and supporting Brunei’s transition to a more resilient and sustainable future.