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.
DitchCarbon Score
How does AmBank Group'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.
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.
Industry Benchmark
AmBank Group's score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AmBank Group's reported carbon emissions
In 2024, AmBank Group reported total carbon emissions of approximately 18,664,000 kg CO2e. This figure includes 65,000 kg CO2e from Scope 1 emissions, 17,368,000 kg CO2e from Scope 2 emissions, and 1,231,000 kg CO2e from Scope 3 emissions. This represents an increase from 2023, where total emissions were about 17,753,000 kg CO2e, with Scope 1 at 70,000 kg CO2e, Scope 2 at 16,806,000 kg CO2e, and Scope 3 at 877,000 kg CO2e. In 2022, the total emissions were approximately 19,273,000 kg CO2e, with Scope 1 emissions at 41,000 kg CO2e, Scope 2 at 18,703,000 kg CO2e, and Scope 3 at 529,000 kg CO2e. Despite the fluctuations in emissions, AmBank Group has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for further commitment to climate action within the financial sector. The company has reported its emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 41,000 | 00,000 | 00,000 |
| Scope 2 | 18,703,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 529,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions 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.
AmBank Group 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.
