CIMB Group Holdings Bhd

Common Name
CIMB Group Holdings
Country
Malaysia
Sector
Financial Services
Industry
Banks - Regional
Employees
33,000
Ticker
CIMB
Exchange
BURSA MALAYSIA
Description
CIMB Group Holdings Berhad is a prominent financial services conglomerate headquartered in Kuala Lumpur, Malaysia. As a universal bank, its primary function is to provide a comprehensive range of bank...

CIMB Group Holdings's GHG Emissions Data Preview

In 2024, CIMB Group Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

CIMB Group Holdings has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind CIMB Group Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CIMB Group Holdings’s data sources below and access millions more through our Disclosure Search.

a. CIMB Group Holdings's ESG Data Spreadsheet 2024
a. CIMB Group Holdings's ESG Data Spreadsheet 2024

Insights into CIMB Group Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CIMB Group Holdings amounted to 89,905.2 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CIMB Group Holdings increased by 2.29%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

CIMB Group Holdings's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e-54%+124%-46%+17%+41%
  • Total Scope 1
  • Year-over-Year Change

What are CIMB Group Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CIMB Group Holdings were 4,327.2 metric tons of CO₂ equivalent (tCO₂e). a

Has CIMB Group Holdings reduced its Scope 1 emissions over time?

Since 2019, CIMB Group Holdings's Scope 1 emissions have decreased by 8.29%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), CIMB Group Holdings's Scope 1 emissions increased by 40.64%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are CIMB Group Holdings's Scope 2 emissions?

In 2024, CIMB Group Holdings reported Scope 2 greenhouse gas (GHG) emissions of 62,904 tCO₂e using the market-based method and 85,578 tCO₂e using the location-based method. a

Has CIMB Group Holdings reduced its Scope 2 emissions over time?

Since 2019, CIMB Group Holdings's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 14.02%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), CIMB Group Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CIMB Group Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does CIMB Group Holdings use for Scope 2 reporting?

In 2024, CIMB Group Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a

CIMB Group Holdings's Scope 2 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into CIMB Group Holdings's Value Chain Emissions

In 2024, CIMB Group Holdings reported 42,161 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of CIMB Group Holdings includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

CIMB Group Holdings's Scope 3 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e+2%-11%+2763%+28%+680%
  • Total Scope 3
  • Year-over-Year Change

What are CIMB Group Holdings's Scope 3 emissions?

In 2024, CIMB Group Holdings reported total Scope 3 emissions of 42,161 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 72.27% of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.73% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has CIMB Group Holdings reduced its Scope 3 emissions over time?

Since 2019, CIMB Group Holdings's Scope 3 emissions have increased by 26,086.96%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), CIMB Group Holdings's Scope 3 emissions increased by 679.75%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does CIMB Group Holdings disclose?

In 2024, CIMB Group Holdings reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of CIMB Group Holdings's Scope 3 emissions?

In 2024, the largest contributors to CIMB Group Holdings's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 25,259 tCO₂e (59.91%)
  • Downstream Leased Assets (Cat. 13): 11,693 tCO₂e (27.73%)
  • Business Travel (Cat. 6): 3,177 tCO₂e (7.54%)

CIMB Group Holdings's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(27.7%)Business Travel(Cat. 6)(7.5%)Employee Commuting(Cat. 7)(59.9%)

Insights into CIMB Group Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CIMB Group Holdings reported Scope 1 greenhouse gas (GHG) emissions of 4,327.2 tCO₂e and total revenues of USD 4,973 millions. This translates into an emissions intensity of 0.87 tCO₂e per millions USD. a

CIMB Group Holdings's Scope 1 Emissions Intensity Compared to Peers

101001,00010,00050,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)AMMB HoldingsYear: 2025Scope 1: 62 tCO2eRevenue: $M 1,084Scope 1 Intensity: 0.06 tCO2e/$MHong Leong BankYear: 2024Scope 1: 121 tCO2eRevenue: $M 1,198Scope 1 Intensity: 0.10 tCO2e/$MRHB BankYear: 2024Scope 1: 402 tCO2eRevenue: $M 1,903Scope 1 Intensity: 0.21 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MKotak Mahindra BankYear: 2025Scope 1: 15,508 tCO2eRevenue: $M 8,929Scope 1 Intensity: 1.74 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MMBSBYear: 2023Scope 1: 41 tCO2eRevenue: $M 226Scope 1 Intensity: 0.18 tCO2e/$MBOC Hong Kong HoldingsYear: 2024Scope 1: 517 tCO2eRevenue: $M 9,249Scope 1 Intensity: 0.06 tCO2e/$MMalayan BankingYear: 2024Scope 1: 11,761 tCO2eRevenue: $M 6,268Scope 1 Intensity: 1.88 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MAlliance Bank MalaysiaYear: 2024Scope 1: 26 tCO2eRevenue: $M 428Scope 1 Intensity: 0.06 tCO2e/$MZions BancorporationYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$MJapan Post BankYear: 2023Scope 1: 4,301 tCO2eRevenue: $M 11,852Scope 1 Intensity: 0.36 tCO2e/$MStandard Bank GroupYear: 2024Scope 1: 13,877 tCO2eRevenue: $M 10,045Scope 1 Intensity: 1.38 tCO2e/$MKB Financial GroupYear: 2023Scope 1: 23,325 tCO2eRevenue: $M 15,261Scope 1 Intensity: 1.53 tCO2e/$MSwedbankYear: 2024Scope 1: 853 tCO2eRevenue: $M 6,654Scope 1 Intensity: 0.13 tCO2e/$MBank Leumi Le IsraelYear: 2024Scope 1: 2,950 tCO2eRevenue: $M 6,046Scope 1 Intensity: 0.49 tCO2e/$MAIB GroupYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 5,115Scope 1 Intensity: 0.56 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,135Scope 1 Intensity: 1.26 tCO2e/$MDNB BankYear: 2024Scope 1: 67 tCO2eRevenue: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$MShinhan Financial GroupYear: 2024Scope 1: 13,575 tCO2eRevenue: $M 11,972Scope 1 Intensity: 1.13 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MBank HapoalimYear: 2024Scope 1: 3,876 tCO2eRevenue: $M 6,008Scope 1 Intensity: 0.65 tCO2e/$MHong Leong Financial GroupYear: 2025Scope 1: 238 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.14 tCO2e/$MCIMB Group HoldingsYear: 2024Scope 1: 4,327 tCO2eRevenue: $M 4,973Scope 1 Intensity: 0.87 tCO2e/$M

How does CIMB Group Holdings's GHG emissions intensity compare to its peers?

In 2024, CIMB Group Holdings reported a Scope 1 emissions intensity of 0.87 tCO₂e per millions USD. Compared to the peer group median of 0.56 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does CIMB Group Holdings rank on GHG emissions intensity within its industry?

In 2024, CIMB Group Holdings ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

CIMB Group Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into CIMB Group Holdings's Total Carbon Footprint

In 2024, CIMB Group Holdings reported a total carbon footprint of 132,066.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 41.55% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to CIMB Group Holdings's total carbon footprint was Scope 2 emissions, accounting for 64.8% of the company's total carbon footprint, followed by Scope 3 emissions at 31.92%. a

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