Potential offtaker

CIMB Group Holdings Berhad

www.cimb.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

CIMB Group Holdings Berhad is a leading financial institution in Malaysia that operates in the retail banking sector. The company has a strong presence in the ASEAN region, with operations in 16 countries. CIMB Group Holdings Berhad is committed to sustainability and has taken several initiatives to reduce its carbon footprint and promote the use of renewable energy.

Decarbonisation is a key focus area for CIMB Group Holdings Berhad. The company has set ambitious targets to reduce its carbon emissions and has implemented several measures to achieve these targets. CIMB Group Holdings Berhad has adopted a three-pronged approach to decarbonisation, which includes reducing energy consumption, switching to renewable energy sources, and promoting sustainable practices.

One of the key initiatives taken by CIMB Group Holdings Berhad to reduce its carbon footprint is the implementation of a corporate energy management program. The program aims to reduce energy consumption across the company's operations by implementing energy-efficient technologies and practices. The program has already yielded significant results, with the company reducing its energy consumption by 10% in the first year of implementation.

CIMB Group Holdings Berhad has also adopted a corporate power purchase agreement (PPA) to promote the use of renewable energy. Under this agreement, the company has committed to purchasing a significant portion of its energy from renewable sources. This has enabled CIMB Group Holdings Berhad to reduce its reliance on fossil fuels and promote the use of clean energy.

Renewable energy is a key focus area for CIMB Group Holdings Berhad. The company has invested in several renewable energy projects, including solar and wind power projects. CIMB Group Holdings Berhad has also partnered with several renewable energy companies to promote the use of clean energy in the ASEAN region.

CIMB Group Holdings Berhad has also taken several initiatives to promote sustainable practices among its customers. The company has launched several green financing products, including loans for energy-efficient homes and businesses. CIMB Group Holdings Berhad has also partnered with several sustainable businesses to promote sustainable practices and reduce the environmental impact of its operations.

In conclusion, CIMB Group Holdings Berhad is a leading financial institution in Malaysia that is committed to sustainability. The company has taken several initiatives to reduce its carbon footprint and promote the use of renewable energy. CIMB Group Holdings Berhad's focus on decarbonisation, corporate energy management, corporate PPA, and renewable energy has enabled the company to reduce its environmental impact and promote sustainable practices.

✓ Declared Net Zero commitment