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Public Profile
Financial Intermediation
MY
updated 5 months ago

CIMB Bank Berhad

Company website

CIMB Bank Berhad, a leading financial institution in Malaysia, is headquartered in Kuala Lumpur. Established in 1924, CIMB has evolved into a prominent player in the banking industry, with a strong presence across Southeast Asia, including Indonesia, Thailand, and Singapore. The bank offers a comprehensive range of services, including retail banking, corporate banking, investment banking, and Islamic banking, catering to diverse customer needs. CIMB is renowned for its innovative financial solutions, such as its digital banking platform, which enhances customer experience and accessibility. With a commitment to sustainability and community development, CIMB has received numerous accolades, solidifying its position as a trusted banking partner. As a member of the CIMB Group, the bank continues to drive growth and maintain its competitive edge in the dynamic financial landscape.

DitchCarbon Score

How does CIMB Bank Berhad'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.

40

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.

27

Industry Benchmark

CIMB Bank Berhad's score of 40 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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CIMB Bank Berhad's reported carbon emissions

Inherited from CIMB Group Holdings Berhad

CIMB Bank Berhad, headquartered in Malaysia (MY), currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are inherited from its parent company, CIMB Group Holdings Berhad, at a cascade level of 2. As of now, CIMB Bank Berhad has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor does it have documented reduction initiatives. The absence of detailed emissions data and reduction targets indicates a need for further development in their climate strategy. CIMB Bank Berhad's commitment to addressing climate change is reflected in its affiliation with CIMB Group Holdings Berhad, which may have broader sustainability initiatives in place. However, without specific emissions data or targets, it is challenging to assess the bank's direct impact on carbon emissions or its progress towards climate goals.

Unlock detailed emissions data

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

2018201920202021202220232024
Scope 1
1,050,300
0,000,000
-
-
-
0,000,000
0,000,000
Scope 2
65,712,200
00,000,000
-
-
-
00,000,000
00,000,000
Scope 3
7,100
000,000
-
-
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CIMB Bank Berhad'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 CIMB Bank Berhad is in MY, which has a medium 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.

CIMB Bank Berhad 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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