Maybank updates net-zero pledge


PETALING JAYA: Malayan Banking Bhd has unveiled an updated version of its net-zero white paper series titled “Banking on a better tomorrow: Our commitment to net-zero”, first published in May 2024.

The latest version, unveiled last month, expanded Maybank’s decarbonisation roadmap to include two additional key sectors: automotive and commercial real estate, outlining its science-based interim targets and decarbonisation strategies.

The update built on the white paper’s initial focus on the power and palm oil sectors, as well as its November 2024 expansion into steel and aluminium, solidified its leadership in aligning its operations with the net-zero banking alliance goals.

President and group chief executive officer Datuk Khairussaleh Ramli said the expansion of decarbonisation strategies in automotive and commercial real estate, remained the most challenging yet crucial aspect of Maybank’s net-zero journey.

PETALING JAYA: Malayan Banking Bhd has unveiled an updated version of its net-zero white paper series titled “Banking on a better tomorrow: Our commitment to net-zero”, first published in May 2024.

The latest version, unveiled last month, expanded Maybank’s decarbonisation roadmap to include two additional key sectors: automotive and commercial real estate, outlining its science-based interim targets and decarbonisation strategies.

The update built on the white paper’s initial focus on the power and palm oil sectors, as well as its November 2024 expansion into steel and aluminium, solidified its leadership in aligning its operations with the net-zero banking alliance goals.

President and group chief executive officer Datuk Khairussaleh Ramli said the expansion of decarbonisation strategies in automotive and commercial real estate, remained the most challenging yet crucial aspect of Maybank’s net-zero journey.

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Maybank , net-zero , carbon , emissions , sustainability , ESG

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