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.
+3 vs industry average
Maybank’s score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Maybank's reported carbon emissions
As of 2025, Maybank's carbon emissions data reveals significant figures, particularly in Scope 3 emissions, which total approximately 32.8 billion kg CO2e, primarily from investments. In 2024, the bank reported total emissions of approximately 108.98 million kg CO2e, with Scope 1 emissions at about 11.76 million kg CO2e, Scope 2 emissions at approximately 53.66 million kg CO2e (market-based), and Scope 3 emissions comprising about 15.34 million kg CO2e from business travel and 27.89 million kg CO2e from employee commuting. Maybank has made notable strides in reducing its carbon footprint, achieving a 41% reduction in Scope 1 and 2 emissions, equating to approximately 53,771 tonnes CO2e, against a 2019 baseline of 131,291 tonnes CO2e. The bank has set ambitious climate commitments, aiming for carbon neutrality in its own emissions by 2030 and a net-zero carbon equivalent position by 2050. The emissions data is sourced from Malayan Banking Berhad, with no cascaded data from parent organizations. Maybank's ongoing efforts reflect a commitment to sustainability and responsible banking practices, aligning with global climate initiatives.
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Maybank’s Climate Goals (2030 & 2050)
4 goals2050
FY2025 Target: Carbon neutral position of our own emissions…
FY2025 Target: Carbon neutral position of our own emissions by 2030 and Net Zero Carbon equivalent position by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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