- Transition risks (Changes in Government or Regulatory Policies, Technological Advancements, Changes In Market Demand or Sentiment, Carbon Tax)
- Physical risks (Acute Physical Risk, Chronic Physical Risk)
- Liability risks
Maybank Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Maybank Group disclosed greenhouse gas emissions of 62.8K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 7.3K tCO2e/year; Scope 2: 55.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
62.8K tCO2e/year (Scope 1 & 2)
2023
Water Usage
944.9K m3/year
2023
Waste
216.2K kg/year
2023
Energy Use
603.5K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 7.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 55.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 62.8K tCO2e/year (Scope 1 & 2) |
| 2021 | 68.0K tCO2e (Scope 1); 60792.65 tCO2e (Scope 2); 6363.15 tCO2e (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Significant reduction of 49% in Scope 1 and Scope 2 GHG emissions, with a total absolute amount of 62,761 tCO2e for FY2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Mobilising RM80 billion in Sustainable Finance by 2025
- Reduce the Scope 3 emissions of our business travel and employee commuting by 80% by 2030.
- Achieve Green Building Index (GBI) certification for 100% of our buildings by 2030.
📅 Medium-term
- Achieve a carbon neutral position of our own emissions by 2030
🔭 Long-term
- Net Zero Carbon equivalent position by 2050
🌱 ESG Focus Areas
Climate ChangeEnvironment