Malayan Banking Bhd

Common Name
Malayan Banking
Country
Malaysia
Sector
Financial Services
Industry
Banks - Regional
Employees
44,117
Ticker
MAYBANK
Exchange
BURSA MALAYSIA
Description
Malayan Banking Berhad, commonly referred to as Maybank, is a key player in the financial and banking sector in Southeast Asia. As a universal bank, its primary function is to provide comprehensive fi...

Malayan Banking's Climate Target Data Preview

As of 2024, Malayan Banking has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Malayan Banking ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Palm Oil Produced/Manufactured
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy restricted. Please purchase to unlock this data.
2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Malayan Banking's Greenhouse Gas Emissions Pathways

As of 2024, Malayan Banking has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.

Does Malayan Banking have a target to reduce the emissions from its value chain?

As of 2024, Malayan Banking has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Malayan Banking's most ambitious value chain target is to reduce these emissions by 38.46% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2023.

As of 2024, Malayan Banking is ahead of schedule on its value chain emissions reduction target, having achieved 31.77% of the planned reduction.

Malayan Banking's Value Chain (Scope 3) Emissions Pathway

20232024203000000BaselineCurrent (-12%)Target 2030 (-38%)
Want Full Access to Malayan Banking's Climate Targets Dataset?
Sign Up