CIMB Islamic Bank Berhad Sustainability Profile
CIMB Islamic Bank Berhad, a prominent player in the Islamic banking sector, is headquartered in Malaysia (MY) and operates extensively across Southeast Asia. Established in 2006, the bank has rapidly evolved, offering a comprehensive range of Shariah-compliant financial products and services, including personal financing, business banking, and investment solutions. CIMB Islamic Bank is renowned for its innovative approach to Islamic finance, providing unique offerings that cater to both individual and corporate clients. With a strong commitment to ethical banking practices, the bank has achieved significant milestones, positioning itself as a leader in the Islamic banking industry. Its dedication to customer-centric solutions and sustainable finance has garnered numerous accolades, solidifying its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does CIMB Islamic 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.
Industry Average
Mean score of companies in the Business Services 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
CIMB Islamic Bank Berhad's score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
CIMB Islamic Bank Berhad, headquartered in Malaysia (MY), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that CIMB Islamic Bank Berhad is a current subsidiary of CIMB Group Holdings Berhad. As such, any climate-related performance or targets may be influenced by the parent company's initiatives. The emissions data and performance metrics for CIMB Islamic Bank Berhad are cascaded from CIMB Group Holdings Berhad, which operates at a cascade level of 3. While specific reduction targets or achievements are not available, the broader context of CIMB Group's sustainability efforts may provide insights into the bank's future commitments. As the financial sector increasingly prioritises climate action, CIMB Islamic Bank Berhad may align its strategies with industry standards and best practices in the pursuit of carbon neutrality and sustainable finance.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000 | 0,000,000 | - | - | - | 0,000,000 | 0,000,000 |
| Scope 2 | 21,290,370 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000 | - | - | - | - | 00,000,000 |
How Carbon Intensive is CIMB Islamic Bank Berhad's Industry?
How Carbon Intensive is CIMB Islamic Bank Berhad's Location?
CIMB Islamic Bank Berhad's Scope 3 Categories Breakdown
CIMB Islamic Bank Berhad's Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 60% of Scope 3 emissions.
Top Scope 3 Categories
CIMB Islamic Bank Berhad's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CIMB Islamic Bank Berhad has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
