Kenanga Investment Bank Berhad, commonly known as Kenanga, is a prominent financial institution headquartered in Malaysia. Established in 1973, the bank has evolved into a leading player in the investment banking sector, with a strong presence across major operational regions in Southeast Asia. Specialising in a diverse range of services, Kenanga offers investment banking, stockbroking, asset management, and corporate finance solutions. Its unique approach combines innovative financial products with a commitment to client-centric service, setting it apart in a competitive market. Recognised for its robust market position, Kenanga has achieved significant milestones, including numerous awards for excellence in financial services. With a focus on sustainable growth and strategic partnerships, Kenanga Investment Bank Berhad continues to shape the financial landscape in Malaysia and beyond.
How does Kenanga Investment Bank 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.
Mean score of companies in the Services Auxiliary to 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.
Kenanga Investment Bank Berhad's score of 32 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kenanga Investment Bank Berhad reported total carbon emissions of approximately 4,500,000 kg CO2e. This figure includes 43,400 kg CO2e from Scope 1 emissions, 3,596,100 kg CO2e from Scope 2 emissions, and 444,800 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions primarily stem from purchased goods and services, accounting for about 4,320,400 kg CO2e. Comparatively, in 2022, the bank's emissions were approximately 3,500,000 kg CO2e, with 40,600 kg CO2e from Scope 1, 3,284,800 kg CO2e from Scope 2, and 210,900 kg CO2e from Scope 3. This indicates a significant increase in emissions in 2023, particularly in Scope 2. Kenanga has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have consistently reported emissions across all three scopes, demonstrating transparency in their environmental impact. The bank's commitment to addressing climate change is evident, although further details on specific reduction strategies or pledges are not available.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 56,910 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 2,194,680 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 000,000 | 000,000 | 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.
Kenanga Investment Bank 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.