Maybank, officially known as Malayan Banking Berhad, is a leading financial institution headquartered in Kuala Lumpur, Malaysia. Established in 1960, Maybank has grown to become one of Southeast Asia's largest banks, with a significant presence in key markets including Singapore, Indonesia, and the Philippines. Operating primarily in the banking and financial services industry, Maybank offers a comprehensive range of products and services, including retail banking, corporate banking, investment banking, and Islamic banking. Its commitment to innovation and customer-centric solutions sets it apart in a competitive landscape. Recognised for its strong market position, Maybank has received numerous accolades, reflecting its dedication to excellence and sustainable growth. With a focus on digital transformation, Maybank continues to enhance its service offerings, ensuring it meets the evolving needs of its diverse clientele.
How does Maybank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Maybank's score of 34 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Maybank reported total carbon emissions of approximately 80,349,000 kg CO2e globally, with emissions distributed across various scopes: 62,761,000 kg CO2e from Scope 1, 62,761,000 kg CO2e from Scope 2, and 22,588,000 kg CO2e from Scope 3. In Malaysia, the bank's emissions were about 11,330,000 kg CO2e from Scope 1, 11,270,000 kg CO2e from Scope 2, and 11,333,000 kg CO2e from Scope 3. Maybank has demonstrated a commitment to addressing climate change, although specific reduction targets or initiatives were not disclosed. The bank's emissions data indicates a focus on transparency, with disclosures across all three scopes of emissions. As part of its sustainability efforts, Maybank continues to monitor and report its carbon footprint, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 000,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 38,459,060 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Maybank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.