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 33 is higher than 83% 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: 193,000 kg CO2e from Scope 1, 22,099,000 kg CO2e from Scope 2, and 2,288,000 kg CO2e from Scope 3. On a global scale, the bank's emissions reached about 97,437,000 kg CO2e, comprising 25,121,000 kg CO2e from Scope 1, 70,462,000 kg CO2e from Scope 2, and 1,854,000 kg CO2e from Scope 3. RHB Bank has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank's emissions data indicates a focus on monitoring and reporting its carbon footprint across all scopes. The bank's commitment to sustainability is reflected in its ongoing efforts to track and manage its emissions, although further details on reduction strategies or targets are currently unavailable.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 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 | 00,000,000 | 00,000,000 |
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.