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.
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.
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.
Ambank's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 329,000 kg CO2e from employee commuting and 262,000 kg CO2e from purchased goods and services. In 2022, Ambank's emissions were about 18,703,000 kg CO2e, with 41,000 kg CO2e from Scope 1, 18,703,000 kg CO2e from Scope 2, and 529,000 kg CO2e from Scope 3. This indicates a slight increase in emissions from 2022 to 2023. Ambank has not publicly disclosed specific reduction targets or initiatives related to carbon emissions, nor have they committed to the Science Based Targets initiative (SBTi). However, they continue to monitor and report their emissions across all three scopes, demonstrating a commitment to transparency in their climate impact.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 committed to any reduction initiatives 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.