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Business Services
MY
updated 10 days ago

CIMB Islamic Bank Berhad

Company website

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.

40

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.

26

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.

66%

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CIMB Islamic Bank Berhad's reported carbon emissions

Inherited from CIMB Group Holdings Berhad

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

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
-
000,000
-
-
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CIMB Islamic Bank Berhad's primary industry is Other business services (74), 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 Islamic 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 Islamic 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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