AmBank Group
AmBank Group, officially known as AmBank (M) Berhad, is a prominent financial institution headquartered in Kuala Lumpur, Malaysia. Established in 1975, the bank has evolved into a key player in the Malaysian banking sector, offering a comprehensive range of financial services across retail banking, corporate banking, and investment banking.
With a strong presence in major operational regions throughout Malaysia, AmBank Group is renowned for its innovative products, including personal loans, credit cards, and wealth management services. The bank's commitment to customer-centric solutions and digital transformation has positioned it as a leader in the industry.
Notable achievements include its recognition for excellence in customer service and its strategic partnerships that enhance its market offerings. AmBank Group continues to play a vital role in shaping the financial landscape of Malaysia, driven by a vision of sustainable growth and community engagement.
-2 vs industry average
AmBank Group’s score of 33 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
AmBank Group's reported carbon emissions
In 2024, AmBank Group reported total carbon emissions of approximately 18,664,000 kg CO2e. This total comprises Scope 1 emissions of about 65,000 kg CO2e, Scope 2 emissions of approximately 17,368,000 kg CO2e, and Scope 3 emissions of around 1,231,000 kg CO2e. The previous year, 2023, saw total emissions of about 17,753,000 kg CO2e, with Scope 1 at 70,000 kg CO2e, Scope 2 at approximately 16,806,000 kg CO2e, and Scope 3 at about 877,000 kg CO2e. AmBank Group has not set specific reduction targets or initiatives as part of their climate commitments, and there are no disclosed SBTi (Science Based Targets initiative) reduction targets. The emissions data is cascaded from their parent company, AMMB Holdings Berhad, indicating a corporate family relationship that influences their reporting. Overall, AmBank Group's emissions reflect their operational impact, with a significant portion attributed to Scope 2 emissions, which are primarily related to energy consumption. The absence of specific reduction initiatives highlights an area for potential growth in their sustainability strategy.
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AmBank Group’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for AmBank Group yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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