Ambank
AmBank, officially known as AmBank Group, is a prominent financial institution headquartered in Malaysia (MY). Established in 1975, the bank has grown to become a key player in the Malaysian banking sector, offering a diverse range of services across retail banking, corporate banking, and investment banking. With a strong presence in major operational regions throughout Malaysia, AmBank is recognised for its innovative financial solutions, including personal loans, credit cards, and wealth management services. The bank's commitment to customer-centricity and digital transformation has positioned it as a leader in the industry. Notable achievements include its consistent ranking among the top banks in Malaysia, reflecting its robust market position and dedication to excellence in service delivery. AmBank continues to evolve, adapting to the dynamic financial landscape while maintaining its core values of integrity and professionalism.
DitchCarbon Score
How does Ambank'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.
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.
Industry Benchmark
Ambank's score of 46 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ambank's reported carbon emissions
In 2023, Ambank reported total carbon emissions of approximately 17,806,000 kg CO2e, comprising 70,000 kg CO2e from Scope 1, 16,806,000 kg CO2e from Scope 2, and 877,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from employee commuting (329,000 kg CO2e) and purchased goods and services (262,000 kg CO2e). Comparatively, in 2022, Ambank's emissions were about 18,703,000 kg CO2e, with Scope 1 emissions at 41,000 kg CO2e, Scope 2 at 18,703,000 kg CO2e, and Scope 3 at 529,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Ambank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the bank continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. Overall, Ambank's emissions data reflects its ongoing efforts to manage and reduce its carbon footprint, aligning with industry standards for sustainability and climate responsibility.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 122,030 | 000,000 | 00,000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 17,745,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 424,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ambank 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.
