As of 2025, RHB Bank has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction 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 RHB Bank's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | -47%a | 2025 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2027 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -20%a | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | -60%a, b | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -96%a | 2050 |
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As of 2025, RHB Bank 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.ab
As of 2025, RHB Bank 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.a
RHB Bank's most ambitious value chain target is to reduce these emissions by 96% by 2050, compared to a baseline of 7,630,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a
As of 2024, RHB Bank is ahead of schedule on its value chain emissions reduction target, having achieved 13.79% of the planned reduction.a
As of 2025, RHB Bank has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.ab
RHB Bank's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 43,229 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016, by 60% by 2030.ab
As of 2025, RHB Bank is ahead of schedule on its total carbon footprint reduction target, having achieved 82.33% of the planned reduction.ab