As for the so-called Scope 3, Maybank is already working with key clients to support their decarbonisation journey.
Maybank plans to invest up to RM4.5 billion ($1.3 billion) over five years to speed up the development of its capabilities in technology and talent, with an emphasis on its sustainability-first practices, and to then influence its wider operating ecosystem including customers and partners.
The bank aims to achieve carbon neutrality in Scope 1 and 2 emissions by 2030 and net zero carbon equivalent by 2050.
