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CIMB Increases Sustainable Finance Target to RM100B by 2024

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  • 11 Sep 2023
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CIMB Increases Sustainable Finance Target to RM100B by 2024

CIMB Group Holdings Bhd has raised its sustainable finance target to RM100 billion by 2024, in an aspiration to be an ASEAN sustainability leader. This increased target falls under the Group’s Green, Social, Sustainable Impact Products and Services Framework. CIMB Group chairman Datuk Mohd Nasir Ahmad said the higher sustainable finance target of RM100 billion by 2024, is more than triple its initial commitment announced in 2021. CIMB has set a target to achieve net zero greenhouse gas emissions by 2050, including scope 3 financed emissions.

Source: The Sun Daily