Maybank’s white papers on net zero
KUALA LUMPUR: Malayan Banking Bhd (Maybank) will launch white papers on its net-zero pathway for two sectors – oil palm and power – that will be going public to inform on the bank’s method to reduce carbon emissions by 2030.

Group president and chief executive officer Datuk Khairussaleh Ramli said the white paper was a crucial step to have a clear plan and action for Maybank to be able to achieve net zero.

“Hopefully the paper will be ready by this Friday,” he said after a panel session titled “A Just Transition Towards a Shared Future” at the Global Forum on Islamic Economics and Finance.

In the case of Maybank, he said there were six sectors that need to be tackled as these sectors contribute to 90% of emissions, representing about 100 companies. — Bernama
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Malayan Banking Bhd (Maybank) will launch white papers on its net-zero pathway for two sectors – oil palm and power – that will be going public to inform on the bank’s method to reduce carbon emissions by 2030.