Maybank
Maybank, officially known as Malayan Banking Berhad, is a leading financial institution headquartered in Kuala Lumpur, Malaysia. Established in 1960, Maybank has grown to become one of Southeast Asia's largest banks, with a significant presence in key markets including Singapore, Indonesia, and the Philippines. Operating primarily in the banking and financial services industry, Maybank offers a comprehensive range of products and services, including retail banking, corporate banking, investment banking, and Islamic banking. Its commitment to innovation and customer-centric solutions sets it apart in a competitive landscape. Recognised for its strong market position, Maybank has received numerous accolades, reflecting its dedication to excellence and sustainable growth. With a focus on digital transformation, Maybank continues to enhance its service offerings, ensuring it meets the evolving needs of its diverse clientele.
DitchCarbon Score
How does Maybank'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 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.
Industry Benchmark
Maybank's score of 34 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Maybank's reported carbon emissions
In 2023, Maybank reported total carbon emissions of approximately 80,349,000 kg CO2e, with Scope 1 emissions at about 62,761,000 kg CO2e, Scope 2 emissions at approximately 62,761,000 kg CO2e, and Scope 3 emissions at around 22,588,000 kg CO2e. This reflects a comprehensive approach to emissions reporting, covering all three scopes. In previous years, Maybank's emissions have varied, with notable figures including approximately 62,311,000 kg CO2e in 2022, and 147,133,000 kg CO2e in 2019, which included Scope 1 emissions of about 3,641,000 kg CO2e, Scope 2 emissions of approximately 127,650,000 kg CO2e, and Scope 3 emissions of around 15,842,000 kg CO2e. Despite these figures, Maybank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This places the bank in a context where it may need to enhance its climate commitments to align with industry standards and expectations for sustainability. Overall, Maybank's emissions data highlights the importance of ongoing monitoring and potential future commitments to reduce its carbon footprint in line with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2013 | 2014 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 38,459,060 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Maybank is not committed to any reduction initiatives 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.
