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.
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.
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.
RHB Bank's score of 30 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, RHB Bank reported total carbon emissions of approximately 24,580,000 kg CO2e in Malaysia, with emissions distributed across various scopes: Scope 1 emissions were about 193,000 kg CO2e, Scope 2 emissions totalled approximately 22,099,000 kg CO2e, and Scope 3 emissions reached around 2,288,000 kg CO2e. Globally, RHB Bank's emissions for the same year were approximately 27,194,000 kg CO2e, with Scope 1 emissions at about 24,317,000 kg CO2e, Scope 2 at approximately 2,389,000 kg CO2e, and Scope 3 emissions at around 2,389,000 kg CO2e. Over the years, RHB Bank has demonstrated a commitment to reducing its carbon footprint. From 2016 to 2023, the bank's total emissions decreased from about 43,229,000 kg CO2e to 24,580,000 kg CO2e in Malaysia, indicating a significant reduction in emissions. Despite the absence of specific reduction targets or climate pledges, RHB Bank's ongoing efforts to monitor and report its emissions reflect a proactive approach to addressing climate change and enhancing sustainability within the banking sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 104,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 40,891,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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 |
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.