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 94% 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 2024, AmBank reported total carbon emissions of approximately 18,664,000 kg CO2e, with Scope 1 emissions at about 65,000 kg CO2e, Scope 2 emissions at approximately 17,368,000 kg CO2e, and Scope 3 emissions at around 1,231,000 kg CO2e. This represents an increase from 2023, where total emissions were about 17,753,000 kg CO2e, with Scope 1 at 70,000 kg CO2e, Scope 2 at approximately 16,806,000 kg CO2e, and Scope 3 at about 877,000 kg CO2e. AmBank has set ambitious carbon reduction targets, aiming for a 24% reduction in carbon emissions against a baseline year of FY2019. This target applies to both Scope 1 and Scope 2 emissions and is monitored on a year-to-year basis, with the goal to achieve this reduction by 2023. The bank's commitment to sustainability is reflected in its comprehensive approach to tracking and managing emissions across all scopes, demonstrating a proactive stance in addressing climate change and reducing its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 00,000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 15,810,000 | 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.
