Ambank

Ambank's reported carbon emissions

AmBank, headquartered in Malaysia (MY) and operating within the financial intermediation services sector (excluding insurance and pension funding), is actively addressing its climate impact. For the fiscal year 2025, AmBank reported total carbon emissions of approximately 29.04 million kg CO2e. This figure comprises 62,000 kg CO2e for Scope 1, 16.38 million kg CO2e for Scope 2, and 12.43 million kg CO2e for Scope 3. In fiscal year 2024, total emissions were approximately 17.58 million kg CO2e, with Scope 1 at 60,000 kg CO2e, Scope 2 at 16.58 million kg CO2e, and Scope 3 at 1.23 million kg CO2e. The previous year, fiscal year 2023, saw total emissions of approximately 17.68 million kg CO2e, with Scope 1 at 70,000 kg CO2e, Scope 2 at 16.81 million kg CO2e, and Scope 3 at 877,000 kg CO2e. AmBank has set ambitious climate commitments. The Group aims for carbon neutrality across Scope 1 and Scope 2 emissions by 2030, recognising these as the core of its operational footprint. This strategic focus is intended to build the necessary systems and momentum for future decarbonisation efforts across its value chain. Previously, AmBank had targeted a 24% reduction in carbon emissions against a FY2019 baseline by FY2023, encompassing both Scope 1 and Scope 2 emissions. Furthermore, there was a target to achieve an overall savings of 19% from its Scope 2 GHG emissions by FY2022, using FY2019 as the baseline. A separate target for Scope 3 emissions aimed for an overall savings of 25% by FY2022, also against a FY2019 baseline. AmBank's sustainability reporting indicates that Scope 3 emissions, particularly purchased goods and services, are a missing data point in their current disclosures. The organisation's emissions data is not cascaded from a parent organisation.