-
Maybank committed to achieving net-zero emissions by 2050, a decade later than the world needs.
Maybank is the second bank in Malaysia to no longer finance new coal activities, even though they have not been as ambitious as their rival, CIMB, which last year committed to phase out coal from its portfolio by 2040.
-
All Eyes on MAYBANK to Phase Out Coal Power Financing
Maybank Group continues to invest in coal power despite recognising the “environmental impact associated with coal-fired power generation” as stated in Maybank’s 2019 Sustainability Report.
-
CIMB exits coal finance. All eyes turn to Maybank and RHB
Environmental groups welcomed an announcement from Malaysia’s CIMBs coal sector guide, a first in Southeast Asia and heaps pressure on other banks in the region to follow suit.
