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 43 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This represents a slight increase in Scope 3 emissions compared to previous years, with significant contributions from employee commuting and purchased goods and services. 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. The bank has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, Ambank's emissions have fluctuated, with a notable peak in 2021 at approximately 18,000,000 kg CO2e, primarily driven by Scope 2 emissions. The bank's emissions data indicates a focus on managing its energy consumption and operational impacts, but further details on specific climate commitments or reduction strategies remain unspecified. Ambank's ongoing efforts reflect a broader industry trend towards sustainability, although the absence of defined reduction targets suggests an opportunity for enhanced climate action in the future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 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.
