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Public Profile
Financial Intermediation
MY
updated 10 days ago

RHB Bank

Company website

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.

61

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.

27

Industry Benchmark

RHB Bank's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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RHB Bank's reported carbon emissions

In 2024, RHB Bank reported total carbon emissions of approximately 25,745,000 kg CO2e, with Scope 1 emissions at about 402,000 kg CO2e, Scope 2 emissions at approximately 22,926,000 kg CO2e, and Scope 3 emissions around 2,417,000 kg CO2e. This represents a slight increase from 2023, when total emissions were about 24,580,000 kg CO2e, with Scope 1 at 193,000 kg CO2e, Scope 2 at approximately 22,099,000 kg CO2e, and Scope 3 at about 2,288,000 kg CO2e. RHB Bank has set ambitious climate commitments, aiming for carbon-neutral operations by 2030, which encompasses all scopes of emissions, including Scope 1, Scope 2, and Scope 3 (business travel by road and air). Furthermore, the bank is developing a pathway to achieve net-zero emissions by 2050. These targets reflect a proactive approach to climate action and align with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that RHB Bank Berhad independently reports its carbon footprint and climate initiatives.

Unlock detailed emissions data

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

201620172018201920202021202220232024
Scope 1
104,000
000,000
000,000
000,000
000,000
000,000
000,000
000,000
000,000
Scope 2
40,891,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
45,464,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
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. This request for RHB Bank 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.

RHB Bank 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

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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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