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.
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.
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.
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.
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.
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.
