Public Profile

RHB Bank

RHB Bank Berhad, commonly known as RHB Bank, is a prominent financial institution headquartered in Malaysia. Established in 1997, RHB Bank has grown to become one of the largest banks in the region, with a strong presence in Southeast Asia, particularly in Malaysia, Singapore, and Indonesia. Operating within the banking and financial services industry, RHB Bank 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 market. With a focus on sustainable growth, RHB Bank has achieved notable milestones, including recognition for its digital banking initiatives and strong financial performance. As a trusted financial partner, RHB Bank continues to enhance its market position through strategic expansions and a diverse portfolio tailored to meet the evolving needs of its customers.

DitchCarbon Score

How does RHB Bank'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.

39

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.

26

Industry Benchmark

RHB Bank's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

RHB Bank's reported carbon emissions

In 2023, RHB Bank reported total carbon emissions of approximately 163,713,000 kg CO2e globally, with 2,659,000 kg CO2e from Scope 1, 161,054,000 kg CO2e from Scope 2, and 1,854,000 kg CO2e from Scope 3 emissions. In Malaysia, the bank's emissions for the same year were about 24,580,000 kg CO2e, comprising 193,000 kg CO2e from Scope 1, 22,099,000 kg CO2e from Scope 2, and 2,288,000 kg CO2e from Scope 3. RHB Bank has demonstrated a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. The bank's emissions data reflects a comprehensive approach to tracking and reporting carbon emissions across various scopes, aligning with industry standards for climate accountability.

Unlock detailed emissions data

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

20162017201820192020202120222023
Scope 1
104,000
000,000
000,000
000,000
000,000
00,000,000
0,000,000
0,000,000
Scope 2
40,891,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
Scope 3
2,235,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. RHB Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. RHB Bank is headquartered in MY, which has a rank of medium, indicating medium grid carbon 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.

RHB Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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