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Public Profile
Financial Intermediation
MY
updated 2 months ago

AFFIN Holdings Bhd. Sustainability Profile

Company website

AFFIN Holdings Bhd., a prominent financial services group headquartered in Kuala Lumpur, Malaysia, has been a key player in the banking industry since its establishment in 1975. The company operates primarily in Malaysia, offering a diverse range of financial products and services through its subsidiaries, including AFFIN Bank Berhad and AFFIN Islamic Bank Berhad. Specialising in retail banking, corporate banking, and investment services, AFFIN Holdings is recognised for its commitment to customer-centric solutions and innovative financial products. The company has achieved significant milestones, including the introduction of digital banking initiatives that enhance customer experience. With a strong market position, AFFIN Holdings Bhd. continues to contribute to Malaysia's economic growth while maintaining a focus on sustainable practices and community engagement.

DitchCarbon Score

How does AFFIN Holdings Bhd.'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.

20

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.

29

Industry Benchmark

AFFIN Holdings Bhd.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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AFFIN Holdings Bhd.'s reported carbon emissions

AFFIN Holdings Bhd., headquartered in Malaysia, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that AFFIN Holdings Bhd. may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial services sector increasingly prioritises sustainability, it is essential for companies like AFFIN Holdings Bhd. to consider developing and disclosing comprehensive climate strategies. This could include setting science-based targets for emissions reductions and participating in global initiatives aimed at mitigating climate change. Without such commitments, the company may face challenges in aligning with industry standards and stakeholder expectations regarding environmental responsibility.

How Carbon Intensive is AFFIN Holdings Bhd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. AFFIN Holdings Bhd.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is AFFIN Holdings Bhd.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for AFFIN Holdings Bhd. is in MY, which has a medium grid carbon intensity relative to other regions.

AFFIN Holdings Bhd.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

AFFIN Holdings Bhd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare AFFIN Holdings Bhd.'s Emissions with Industry Peers

Cimb Group Holdings Berhad

MY
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Hong Leong Bank

MY
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

United Overseas Bank

SG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 12 hours ago

Ocbc Bank

SG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Dbs Bank

SG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Standard Chartered Bank

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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