Recognising the existential threat, countries around the world, within their jurisdictions, are declaring the climate emergency. The global call-to-action is to accelerate the transition to a climate-resilient, energy-efficient and low-carbon economy.

In 2019, at the UN Secretary-General’s Climate Action Summit, CIMB Group, our majority shareholders, pledged the support for the Collective Commitment to Climate Action. CIMB Group is one of the 38 Signatories (as at 1 October 2020), with over $13 trillion in assets, joining forces to build on the pioneering Katowice Commitment.

CIMB Niaga is working with the industry partners, peers, and other stakeholders to:

• Focus our efforts where we have or can have the most significant impact, i.e., on the most carbon intensive and climate-vulnerable sectors within our portfolios.
• Try to develop capabilities and methodologies to measure climate impact, align with global and local climate goals.
• Assume public accountability for our climate impact and demonstrate leadership through progressive solutions.