Alliance Bank Malaysia Berhad
Alliance Bank Malaysia Berhad, commonly referred to as Alliance Bank, is a prominent financial institution headquartered in Kuala Lumpur, Malaysia. Established in 2000, the bank has made significant strides in the Malaysian banking sector, focusing on retail banking, business banking, and Islamic banking services. With a strong presence in key regions across Malaysia, Alliance Bank offers a diverse range of core products, including personal loans, credit cards, and investment solutions, distinguished by their customer-centric approach and innovative digital banking platforms. The bank has garnered recognition for its commitment to sustainability and community engagement, positioning itself as a trusted partner for individuals and businesses alike. Alliance Bank's dedication to excellence has earned it a notable market position, making it a key player in Malaysia's financial landscape.
DitchCarbon Score
How does Alliance Bank Malaysia Berhad'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
Alliance Bank Malaysia Berhad's score of 53 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Alliance Bank Malaysia Berhad's reported carbon emissions
In 2024, Alliance Bank Malaysia Berhad reported total carbon emissions of approximately 9,766,060 kg CO2e from Scope 2, 68,070 kg CO2e from Scope 3, and 25,530 kg CO2e from Scope 1. This reflects a slight decrease in Scope 1 emissions compared to 2023, where they were about 32,050 kg CO2e. Over the years, the bank has shown a commitment to reducing its carbon footprint. In 2023, total emissions were approximately 9,822,200 kg CO2e from Scope 2, 686,370 kg CO2e from Scope 3, and 32,050 kg CO2e from Scope 1. The bank's emissions have fluctuated, with Scope 2 emissions peaking at about 12,388,600 kg CO2e in 2021. Despite these figures, Alliance Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's emissions data indicates a focus on managing its operational impact, particularly in energy consumption and business travel, which are significant contributors to its overall emissions profile. As the bank continues to navigate its sustainability journey, it remains essential for them to establish clear reduction targets to align with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 29,530 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 11,952,530 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 794,070 | 000,000 | 000,000 | 000,000 | 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.
Alliance Bank Malaysia Berhad 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.
