Bank Cimb Niaga
CIMB Niaga, officially known as PT Bank CIMB Niaga Tbk, is a prominent player in Indonesia's financial intermediation services sector, headquartered in Jakarta. Established in 1955, the bank has evolved significantly, marking key milestones in its journey, including its merger with Bank Niaga in 2002, which solidified its market presence.
Operating primarily in Indonesia, CIMB Niaga offers a diverse range of financial products and services, including retail banking, corporate banking, and treasury services. Its unique approach combines innovative digital solutions with traditional banking, catering to a broad customer base. Recognised for its strong market position, CIMB Niaga has received numerous accolades, reflecting its commitment to excellence in customer service and financial performance.
+3 vs industry average
Bank Cimb Niaga’s score of 38 is higher than 54% 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 increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bank Cimb Niaga's reported carbon emissions
Bank CIMB Niaga, headquartered in Indonesia and operating within financial intermediation services, except insurance and pension funding services, has been reporting its carbon emissions across various scopes. For the most recent reporting year, 2024, the bank's total emissions were approximately 53.2 million kg CO2e (Scope 1: 2.2 million kg CO2e, Scope 2 market-based: 24.5 million kg CO2e, Scope 3: undisclosed total but includes significant contributions from business travel and employee commute). In 2023, total emissions amounted to approximately 66.9 million kg CO2e (Scope 1: 1.8 million kg CO2e, Scope 2 market-based: 28.7 million kg CO2e, Scope 3: undisclosed total but includes business travel, upstream leased assets, purchased goods and services, and waste generated in operations). Historical data indicates total emissions of approximately 37.9 million kg CO2e in 2022 (Scope 1: 1.4 million kg CO2e, Scope 2 market-based: 35.1 million kg CO2e) and approximately 39.3 million kg CO2e in 2021 (Scope 1: 4.3 million kg CO2e, Scope 2: undisclosed, Scope 3: 0.2 million kg CO2e). Prior to this, for 2020, total emissions were approximately 33.9 million kg CO2e (Scope 1: 1.2 million kg CO2e, Scope 2: 32.7 million kg CO2e). In 2019, total emissions were approximately 37.2 million kg CO2e (Scope 1: 3.4 million kg CO2e, Scope 2: 33.8 million kg CO2e), and in 2018, total emissions were approximately 9.6 million kg CO2e (Scope 1: 4.1 million kg CO2e, Scope 2: 5.5 million kg CO2e). For 2017, total emissions were approximately 7.3 million kg CO2e (Scope 1: 1 million kg CO2e, Scope 2: 6.3 million kg CO2e). Bank CIMB Niaga's climate commitments are informed by its corporate structure. While there are no specific SBTi reduction targets or climate pledge commitments directly disclosed for Bank CIMB Niaga, its emissions data is part of the broader reporting of PT Bank CIMB Niaga Tbk. The bank's climate initiatives are also influenced by CIMB Group Holdings Berhad, from which it inherits CDP data at cascade level 2. However, no specific reduction targets or initiatives for Bank CIMB Niaga itself are detailed in the provided information.
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Bank Cimb Niaga’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bank Cimb Niaga yet.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from CIMB Group Holdings Berhad
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Bank Cimb Niaga
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