CIMB On Track To Reach Sustainability Targets

Singapore
Uncategorized
Environmental, Social and Governance (ESG), Sustainable Finance

( 16 April 2023 – Singapore) CIMB Group Holdings Berhad is on track to realise its Forward23+ ambitions and sustainability finance targets, the bank said in its latest annual general meeting with shareholders.

The bank doubled its sustainable finance target to RM60b by 2024 after it attained its initial target two years ahead of schedule in 2022.

The group also achieved the 80th percentile on the S&P Global Corporate Sustainability Assessment (CSA). This is in line with its Forward23+ target to rank in the top quartile by 2024.

“The Board will continue to  provide oversight and guidance to ensure the Group achieves its Forward23+ strategic plan to deliver sustainable financial returns whilst creating shared value for all our stakeholders,” said CIMB Group Chairman, Datuk Mohd Nasir Ahmad.

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