Sustainability Targets Easily Achieved By Maybank

Maybank has already achieved RM24b worth of sustainable financing thus far, which translates to 4% of its gross loans.

Sustainability Targets Easily Achieved By Maybank
Photo by Christoph Theisinger / Unsplash

The Maybank Group is performing exceedingly well in regard of FY22 Sustainability targets having already achieved 3⁄4 of its full-year Sustainability targets for FY22.

Most notably, it has already achieved RM24b worth of sustainable financing thus far, which translates to 4% of its gross loans. A more comprehensive breakdown can be viewed here:

Under the commitment to improving the lives of one million households across ASEAN by 2025, Maybank has set a target of 150,000 households for the current financial year.

Among the targets, Maybank aim to transition to a low carbon economy, balancing environmental and social imperatives with our stakeholders’ expectations.

Strive to build community resilience across ASEAN and undertake responsive actions to promote economic development and social wellbeing.

Lead by example with good management practices and ensuring that Maybank’s ESG strategy is based upon a strong foundation.

The Targets

  1. To mobilise RM50 billion in Sustainable Finance by 2025
  2. To improve the lives of One Million Households across ASEAN by 2025
  3. To achieve a Carbon Neutral Position of our own emissions by 2030 and Net Zero Carbon Equivalent position by 2050
  4. To achieve 1 Million hours per annum on sustainability and delivering 1,000 significant SDG-related outcomes by 2025