CIMB Group Holdings Bhd 2023 SR
The report details CIMB Group's sustainability performance for 2023, highlighting its commitment to achieving Net Zero by 2050. Key achievements include publishing 2030 Paris-aligned targets for Palm Oil and Power portfolios, making it the first bank globally to do so for Palm Oil. The company mobilised RM32.4 billion in sustainable finance during the year, surpassing its initial targets and raising the 2024 goal to RM100 billion. It also launched a Sustainability-Linked Financing programme for SMEs and set financial inclusion targets for vulnerable groups in Malaysia. Operational highlights include a 26% reduction in Scope 1 and 2 emissions compared to the 2019 baseline and achieving carbon neutrality in its Singapore operations.
Company: CIMB Group Holdings Bhd
Sector: Financials
Country: Malaysia
Year: 2023
Type: SR
Pages: 171
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CIMB Group Holdings Bhd
Sustainability Report
The report details CIMB Group's sustainability performance for 2023, highlighting its commitment to achieving Net Zero by 2050. Key achievements include publishing 2030 Paris-aligned targets for Palm Oil and Power portfolios, making it the first bank globally to do so for Palm Oil. The company mobilised RM32.4 billion in sustainable finance during the year, surpassing its initial targets and raising the 2024 goal to RM100 billion. It also launched a Sustainability-Linked Financing programme for SMEs and set financial inclusion targets for vulnerable groups in Malaysia. Operational highlights include a 26% reduction in Scope 1 and 2 emissions compared to the 2019 baseline and achieving carbon neutrality in its Singapore operations.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 21, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees