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 37 is higher than 85% 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 emissions distributed across various scopes: 6,276,100 kg CO2e (Scope 1), 11,270,000 kg CO2e (Scope 2), and 11,333,000 kg CO2e (Scope 3). This data highlights the bank's ongoing commitment to monitoring and managing its carbon footprint. In previous years, Maybank's emissions have shown fluctuations. For instance, in 2022, the total emissions were about 88,473,000 kg CO2e, with Scope 1 emissions at 7,420,900 kg CO2e, Scope 2 at 51,120,000 kg CO2e, and Scope 3 at 14,264,000 kg CO2e. The bank's emissions in 2021 were similar, with a total of approximately 147,133,000 kg CO2e, indicating a significant focus on sustainability. Despite the absence of specific reduction targets or initiatives disclosed in the provided data, Maybank's commitment to sustainability is evident through its emissions tracking and reporting practices. The bank continues to align with industry standards for climate action, reflecting a broader commitment to reducing its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2012 | 2013 | 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000 | 000,000,000 | 00,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 38,459,060 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 00,000,000 | 0,000,000 | 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.
