AmBank Group
AmBank Group, a prominent player in the financial intermediation services sector, is headquartered in Malaysia (MY) and has established a strong presence across the region. Founded in 1975, the group has evolved significantly, marking key milestones in its journey towards becoming a leading financial institution.
Specialising in a range of services, including retail banking, corporate banking, and investment solutions, AmBank Group is recognised for its customer-centric approach and innovative financial products. Its unique offerings cater to diverse client needs, setting it apart in a competitive market.
With a commitment to excellence, AmBank Group has achieved notable accolades, reinforcing its position as a trusted financial partner. The group's dedication to sustainable growth and community engagement further enhances its reputation within the industry.
-2 vs industry average
AmBank Group’s score of 35 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
AmBank Group's reported carbon emissions
AmBank Group, a financial intermediation services provider headquartered in Malaysia, has reported its carbon emissions across Scopes 1, 2, and 3 for recent years. For the reporting year 2024, the company reported a total of approximately 18.7 billion kg CO2e. This figure comprises approximately 65,000 kg CO2e from Scope 1 emissions and approximately 17.4 billion kg CO2e from Scope 2. Scope 3 emissions for 2024 were approximately 1.2 billion kg CO2e.
In 2023, AmBank Group's total emissions were approximately 17.8 billion kg CO2e, with Scope 1 at about 70,000 kg CO2e, Scope 2 at approximately 16.8 billion kg CO2e, and Scope 3 at about 877,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 19.3 billion kg CO2e, including approximately 41,000 kg CO2e from Scope 1, about 18.7 billion kg CO2e from Scope 2, and around 529,000 kg CO2e from Scope 3.
For earlier reporting periods, Scope 2 emissions were detailed. In 2021, Scope 2 emissions were approximately 19.3 billion kg CO2e. This was followed by approximately 17.9 billion kg CO2e in Scope 2 emissions for 2020, and approximately 16.6 billion kg CO2e in Scope 2 emissions for 2019.
AmBank Group's emissions data for Scope 1 and Scope 3 are reported under the entity "AmBank Group" for the years 2022, 2023, and 2024. However, the data for the reporting years 2019, 2020, and 2021 are cascaded from a parent organisation. Specifically, CDP reporting for AmBank Group, which covers some emissions data, is sourced from "AMMB Holdings Berhad".
AmBank Group's sustainability report for 2024 indicates GHG intensity figures for revenue. In 2024, this was approximately 0.0041 kg CO2e per USD of revenue. In 2023, the GHG intensity was approximately 0.004 kg CO2e per USD of revenue, and in 2022, it was approximately 0.0044 kg CO2e per USD of revenue.
The company has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. Further details on AmBank Group's climate commitments and initiatives can be found in their sustainability reports.
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AmBank Group’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for AmBank Group yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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