Alliance Financial Group Bhd., commonly referred to as Alliance Bank, is a prominent financial institution headquartered in Malaysia. Established in 2000, the bank has made significant strides in the financial services sector, primarily serving the retail and corporate banking markets across the country. With a strong presence in key operational regions, Alliance Bank offers a diverse range of products and services, including personal loans, business financing, and wealth management solutions. What sets Alliance Bank apart is its commitment to customer-centric innovation and digital banking initiatives, enhancing the overall banking experience for its clients. Recognised for its robust market position, Alliance Financial Group Bhd. has achieved notable milestones, including various awards for excellence in customer service and digital transformation. As a trusted name in the Malaysian banking landscape, Alliance Bank continues to evolve, meeting the dynamic needs of its customers while maintaining a strong focus on sustainable growth.
How does Alliance Financial Group 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.
Alliance Financial Group Bhd.'s score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Alliance Financial Group Bhd., headquartered in Malaysia, currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. The company is a current subsidiary of Alliance Bank Malaysia Berhad, which may influence its climate-related initiatives and reporting. Despite the lack of direct emissions data, Alliance Financial Group Bhd. is part of a broader corporate family that may have climate commitments and reduction targets. However, no specific reduction initiatives or targets have been documented for the group at this time. As a current subsidiary, any climate commitments or performance metrics may be inherited from Alliance Bank Malaysia Berhad, which is responsible for reporting emissions data and sustainability initiatives. The absence of specific targets or commitments suggests that the company may still be in the process of developing its climate strategy or aligning with industry standards. In summary, while Alliance Financial Group Bhd. does not currently provide emissions data or specific climate commitments, its relationship with Alliance Bank Malaysia Berhad may play a role in shaping its future sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000 | 00,000 | 000,000 |
| Scope 2 | 11,952,530 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 794,070 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
Alliance Financial Group Bhd.'s Scope 3 emissions, which increased by 817% last year and increased by approximately 686% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 38% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 90% of Scope 3 emissions.
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.
Alliance Financial Group 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.