CIMB in support of sustainable palm oil production

“We firmly advocate the sustainable production of palm oil and recognise the role that businesses, including micro, small and medium enterprises play in advancing sustainable palm oil production," said group CEO Abdul Rahman.

KUALA LUMPUR: CIMB Group Holdings Bhd is formalising its 2030 climate target for its palm oil sector portfolio, focusing on sustainable palm oil production.

Concurrently, the group is also raising its commitment towards decarbonisation, establishing a target for its power portfolio, and emphasising a transition towards cleaner, renewable energy sources.