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Insurance Services
MY
updated 10 days ago

Maybank Ageas Holdings Berhad

Company website

Maybank Ageas Holdings Berhad, a prominent player in the insurance and financial services sector, is headquartered in Malaysia. Established in 2000, the company has rapidly evolved, becoming a key provider of life and general insurance solutions across Southeast Asia. With a strong presence in Malaysia and significant operations in Indonesia and Singapore, Maybank Ageas is well-positioned in the competitive insurance market. The company offers a diverse range of products, including life insurance, health coverage, and investment-linked plans, distinguished by their customer-centric approach and innovative features. Maybank Ageas has garnered recognition for its commitment to excellence, achieving notable milestones such as industry awards for service quality and product innovation. As a joint venture between Maybank and Ageas, it combines local expertise with international standards, solidifying its reputation as a trusted insurance provider in the region.

DitchCarbon Score

How does Maybank Ageas Holdings 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.

35

Industry Average

Mean score of companies in the Insurance 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.

32

Industry Benchmark

Maybank Ageas Holdings Berhad's score of 35 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Maybank Ageas Holdings Berhad's reported carbon emissions

Inherited from Malayan Banking Berhad

Maybank Ageas Holdings Berhad, headquartered in Malaysia (MY), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Malayan Banking Berhad, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or climate pledges from Maybank Ageas Holdings Berhad, it is important to note that emissions data and performance metrics may be cascaded from its parent company, Malayan Banking Berhad. This relationship suggests that any climate initiatives or targets may align with those set by Malayan Banking Berhad, although specific details are not provided. As a part of the financial services sector, Maybank Ageas Holdings Berhad is likely to be influenced by industry standards and expectations regarding carbon emissions and sustainability practices. However, without specific data or commitments, the company's current stance on climate action remains unclear.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20122013201420192020202120222023
Scope 1
-
-
-
00,000,000
00,000
0,000,000
00,000,000
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
00,000,000
Scope 3
-
-
-
00,000,000
00,000,000
-
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Maybank Ageas Holdings Berhad's primary industry is Insurance and pension funding services, except compulsory social security services (66), 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 Maybank Ageas Holdings 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.

Maybank Ageas Holdings 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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