Ambank
AmBank, officially known as AmBank Group, is a prominent financial institution headquartered in Malaysia (MY). Established in 1975, the bank has grown to become a key player in the Malaysian banking sector, offering a diverse range of services across retail banking, corporate banking, and investment banking. With a strong presence in major operational regions throughout Malaysia, AmBank is recognised for its innovative financial solutions, including personal loans, credit cards, and wealth management services. The bank's commitment to customer-centricity and digital transformation has positioned it as a leader in the industry. Notable achievements include its consistent ranking among the top banks in Malaysia, reflecting its robust market position and dedication to excellence in service delivery. AmBank continues to evolve, adapting to the dynamic financial landscape while maintaining its core values of integrity and professionalism.
DitchCarbon Score
How does Ambank'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.
Industry Average
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.
Industry Benchmark
Ambank's score of 41 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ambank's reported carbon emissions
In 2023, Ambank reported total carbon emissions of approximately 15,000,000 kg CO2e for Scope 1 and about 15,196,000 kg CO2e for Scope 2, alongside approximately 2,600,000 kg CO2e for Scope 3 emissions. This data reflects a commitment to transparency in their carbon footprint across all scopes of emissions. Ambank has set ambitious reduction targets, aiming for a 24% decrease in carbon emissions for both Scope 1 and Scope 2 by 2023, using FY2019 as the baseline. This commitment underscores their proactive approach to climate action and sustainability. The bank's emissions data from previous years shows a consistent effort to monitor and reduce their carbon output, with emissions for Scope 1 and Scope 2 in 2022 recorded at approximately 15,298,000 kg CO2e and 16,013,000 kg CO2e, respectively. This trend indicates a focused strategy towards achieving their reduction goals. Overall, Ambank's climate commitments and emissions data reflect a strong dedication to reducing their environmental impact and contributing to global sustainability efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 15,810,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 424,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ambank is not participating in any of the initiatives that 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.
