Standards

We consider four main standards in shaping and structuring our non-financial reporting:

SUSTAINABLE DEVELOPMENT GOALS

Currently, we consider the following SDGs as the most relevant to Myanma Awba:

SGD Rationale Key figures (FY 21/22)
Agriculture is the backbone of the Myanmar economy. Fostering sustainable farming is critical to enhancing crop productivity and uplifting the livelihoods of thousands of farming communities across the country.
● 64,000+ farmers trusted our products and services
● Our 500+ experts engage our customers daily and organised 3,000+ meeting with the communities across the country to share their expertise
As a responsible Group of companies, we aim to provide fair, inclusive and respectful working conditions to our staff. We are part of the Business Coalition for Gender Equality .
● 59% of our staff are women
● 54% of our management positions are held by women
● 60% of those promoted were women
As a company, we work to sustain our business: it generates jobs directly for our staff and indirectly for the people working with our suppliers.
● We had 270 staff by the end of March 2022
● We hired 4 employees and promoted 10

GRI Standards

Our non-financial reporting is aligned with the Global Reporting Initiative (GRI) Standards and will follow the GRI Sector Standard for Agriculture before 2024. The following GRI material topics are considered relevant to our non-financial reporting: Our GRI Index is available here . 

DATA

All the data included on our website has been reviewed by MAHA management. All the quantitative data cover FY20/21 (from October 2020 to September 2021) and FY21/22 (from October 2021 to March 2022) unless otherwise stated.

The data disclosed has not been audited by a third party. 

MAHA welcomes your feedback and questions. You can contact our sustainability officer here . 

DOWNLOAD NON-FINANCIAL REPORTING PDF

DOWNLOAD OUR IRIS MAPPING

SDG 1 AND 2

Learn more about our approach to social performance and impact and get to know us better through our third impact report. We explore socio-economic outcomes and multi-dimensional well-being among our clients and talk about new social indicators and environmental initiatives we introduced over the past year.

DOWNLOAD IMPACT REPORT
DOWNLOAD UNEP FI REPORT

Our Certificates

A ROAD LESS TRAVELLED

The village of Ping Taung is located in Tatkone township, a mere 60 kilometers from the capital city of Naypyidaw. This village of about 90 households consists of over 50 farming households mainly growing paddy and onion, all of whom we serve being the only microfinance institution operating in the village for the last two years.

READ THE STORY

An additional support to our clients besides our loans is necessary for a greater impact on their lives. Thus, we also provide non-financial services such as financial literacy and environmental sustainability training. The rural parts of Myanmar face tremendous hurdles with regard to accessing finance and are marred by a lack of financial literacy. We combat this, with an interactive pamphlet and an animated video that will effectively teach our current and potential clientele the fundamentals of money management. All clients receive this training at the time of disbursement. These measures further develop our triple-bottom-line approach and help us to become an environmentally responsible organization. We feel responsible to implement sustainability where and whenever we can. Therefore, we provide Environmental and Social Risk training based on the sustainability guidance developed by the Dutch Development Agency (FMO). In addition to this, we are a signatory to the Principles of Responsible Banking under the United Nations Environment Programme’s Finance Initiative (UNEP-Fi), working towards creating a more sustainable environment within our organizational practices. 
ic_green initiatives@2x

GREEN INITIATIVES

We are involved in a number of initiatives to contribute to the Sustainable Development Goals (SDGs) proposed by the United Nations. The first policy adopted was the Recycling Policy, in collaboration with Recyglo, a local recycling company. This policy addresses Goal 12 of the SDGs, which calls for responsible consumption and production. Since then, we have significantly reduced our internal usage of plastic and paper.

Another initiative that we undertook is reducing our carbon footprint which was an exciting and active endeavor in which our team planted over 1200 seeds of Mangrove over 1 acre of land. Once done, it will reduce 2000 tons of carbon within 20 years, equivalent to 100 tons per year. This is comparable to reducing an average car’s total carbon emissions over a span of 5 months. In addition to this, we have contributed to the planting of nearly 3000 Mangrove trees by local communities. 
mangrove
Single use plastic remains prevalent in Myanmar and poses a threat to marine life and the environment. We wanted to build awareness among our team members and found the perfect occasion at our year-end staff party which took place in the city of Dawei, Tanintharyi region of Myanmar. Among other team building activities we organized a green activity called the Maha Clean-Up initiative which involved collection of plastic and other trash along 200 meters of the Maungmagan beach with our team of 160 staff members. In the future, we will be focusing our efforts on waste reduction and management as part of our upcoming sustainability initiatives.
Beach cleaning (003)