Maybank Investment Bank Berhad

Maybank Investment Bank Berhad, headquartered in Malaysia and operating within financial intermediation services (excluding insurance and pension funding), reported a total of approximately 521.8 million kg CO2e for 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

In 2023, Scope 1 emissions were about 53.7 million kg CO2e, while Scope 2 emissions accounted for approximately 467.8 million kg CO2e. Scope 3 emissions for the same year were reported at about 280,000 kg CO2e.

For 2022, the bank's total emissions stood at approximately 279.8 million kg CO2e. This included Scope 1 emissions of about 16.0 million kg CO2e, Scope 2 emissions of approximately 262.9 million kg CO2e, and Scope 3 emissions of about 850,000 kg CO2e.

In 2021, Maybank Investment Bank Berhad's total emissions were around 207.5 million kg CO2e. Scope 1 emissions were approximately 10.3 million kg CO2e, Scope 2 emissions were about 196.8 million kg CO2e, and Scope 3 emissions totalled approximately 330,000 kg CO2e.

Data for Maybank Investment Bank Berhad is cascaded from its parent company, Malayan Banking Berhad. The bank's Scope 1 and 2 emissions data are from the reporting entity itself, while Scope 3 data is also inherited from the parent. The bank has disclosed data for scopes 1, 2, and 3. It is noted that some Scope 3 data points, specifically "purchased goods and services," are missing.

The organisation has not disclosed specific reduction targets or participation in initiatives such as SBTi or Climate Pledge. However, the reported emissions data indicates year-on-year fluctuations.