CIMB commits RM300bil to sustainable financing


CIMB Group Holdings Bhd group chief executive officer Novan Amirudin.

KUALA LUMPUR: CIMB Group Holdings Bhd has announced a new sustainable finance target of RM300bil by 2030, which reaffirms its commitment to help its clients navigate risks and build resilience in a lower-carbon, more inclusive economy.

In a statement, the group said sustainable finance was a central pillar of its 2030 sustainability roadmap, and an integral component of its Forward30 corporate strategy.

Since introducing its sustainable finance roadmap in 2021, CIMB has progressively raised its ambitions, tripling its sustainable finance target from RM30bil to RM100bil for the 2021 to 2024 period, and now significantly expanding its commitment through 2030.

Novan Amirudin, Group chief executive officer and executive director of CIMB Group, said: “Our ambitious sustainable finance target, which is three times higher than our previous target, is anchored on our purpose of advancing customers and society.”

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CIMB , sustainability , financing , carbon

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