Maybank Islamic Berhad Sustainability Profile
Maybank Islamic Berhad, a prominent player in the Islamic banking sector, is headquartered in Malaysia (MY) and operates extensively across Southeast Asia. Established in 2008 as a subsidiary of Malayan Banking Berhad, it has rapidly evolved to become a leader in Shariah-compliant financial services. The bank offers a diverse range of products, including personal and business financing, investment accounts, and Takaful (Islamic insurance), all designed to meet the unique needs of its customers while adhering to Islamic principles. Maybank Islamic is distinguished by its commitment to innovation and customer-centric solutions, positioning itself as a trusted partner in the financial landscape. With a strong market presence, Maybank Islamic has received numerous accolades for its excellence in service and product offerings, solidifying its reputation as a key player in the Islamic finance industry.
DitchCarbon Score
How does Maybank Islamic 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.
Industry Average
Mean score of companies in the Business 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.
Industry Benchmark
Maybank Islamic Berhad's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Maybank Islamic Berhad, headquartered in Malaysia (MY), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Malayan Banking Berhad, which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or specific climate pledges from Maybank Islamic Berhad, it is important to note that the broader parent company, Malayan Banking Berhad, may have established initiatives that could impact Maybank Islamic's climate commitments. However, details on these initiatives, including any Science-Based Targets Initiative (SBTi) commitments or specific reduction targets, are not available. As a current subsidiary, Maybank Islamic Berhad's climate strategy may align with Malayan Banking Berhad's sustainability goals, but specific data and commitments for Maybank Islamic itself remain unspecified. The lack of emissions data and reduction targets highlights a potential area for development in their environmental strategy.
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| 2012 | 2013 | 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000 | 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 | 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 | 00,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Maybank Islamic Berhad's Industry?
How Carbon Intensive is Maybank Islamic Berhad's Location?
Maybank Islamic Berhad's Scope 3 Categories Breakdown
Maybank Islamic Berhad's Scope 3 emissions, which increased by 58% last year and increased by approximately 294% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 26% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 149194% of Scope 3 emissions.
Top Scope 3 Categories
Maybank Islamic Berhad's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Maybank Islamic Berhad has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
