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Financial Intermediation
ID
updated a month ago

Bank Cimb Niaga

Company website

CIMB Niaga, officially known as PT Bank CIMB Niaga Tbk, is a prominent financial institution headquartered in Jakarta, Indonesia. Established in 1955, it has grown to become one of the largest banks in the country, serving a diverse clientele across major operational regions including Java, Sumatra, and Bali. As a key player in the banking industry, CIMB Niaga offers a comprehensive range of services, including retail banking, corporate banking, and wealth management. Its unique approach to customer service and innovative digital banking solutions have positioned it as a leader in the sector. With a commitment to excellence, CIMB Niaga has achieved significant milestones, including numerous awards for its service quality and financial performance, solidifying its reputation as a trusted banking partner in Indonesia.

DitchCarbon Score

How does Bank Cimb Niaga'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.

39

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.

30

Industry Benchmark

Bank Cimb Niaga's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Bank Cimb Niaga's reported carbon emissions

In 2023, PT Bank CIMB Niaga Tbk reported total carbon emissions of approximately 36,488,450 kg CO2e, which includes 1,781,010 kg CO2e from Scope 1, 34,707,440 kg CO2e from Scope 2, and 1,476,460 kg CO2e from Scope 3 emissions. The bank's emissions data is cascaded from its parent company, CIMB Group Holdings Berhad, reflecting a comprehensive approach to sustainability across its operations. CIMB Niaga's emissions have shown a significant reduction from previous years. For instance, in 2022, the total emissions were about 36,506,570 kg CO2e, indicating a slight decrease in emissions year-on-year. The bank has disclosed emissions across all three scopes, demonstrating transparency in its environmental impact. Despite the absence of specific reduction targets or climate pledges, CIMB Niaga is part of a broader corporate family that engages in sustainability initiatives, as indicated by its relationship with CIMB Group Holdings Berhad. This affiliation suggests a commitment to aligning with industry standards and practices in reducing carbon footprints. Overall, CIMB Niaga's emissions data and its cascading relationship with CIMB Group Holdings Berhad highlight the bank's ongoing efforts to address climate change and improve its environmental performance.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
994,000
0,000,000
000,000
00,000
00,000,000
00,000,000
00,000,000
Scope 2
6,336,360
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
0,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank Cimb Niaga's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank Cimb Niaga is in ID, which has a very high grid carbon intensity relative to other regions.

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.

Bank Cimb Niaga 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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