Our Pledge Towards Sustainability

As the second largest private Bank and corporate citizen in Indonesia, we aim to:

Integrate EES

Integrate Environmental, Economic, and Social (EES) considerations into all aspects of our business.

Demonstrate Sustainability Leadership

Demonstrate leadership in sustainability by investing resources and influencing our networks to ensure that our business activities have a net positive impact on our existing and future stakeholders over the long term.

'Banking for the future’ is our philosophy for taking a long-term view on business, to build a sustainable future for CIMB Niaga and our partners in growth, including our employees, customers, and communities.

Bank together with CIMB Group has a sustainability commitment, as follows:

1

Net zero GHG emissions for Scopes 1 and 2 in operations by 2030

2

Net zero GHG emissions or reach carbon neutral for the entire organization by 2050 (Scopes 1, 2, and 3)

3

No Deforestation, No Peat, No Exploitation (NDPE) commitment

4

Mobilizing RM100 billion or equivalent to IDR208 trillion towards Sustainable Finance by 2024

5

Invest RM150 million over five years and 100,000 in employee volunteerism hours annually by 2024

Our Climate Action Commitment

CIMB Niaga together with CIMB Group has stepped in another important milestones in our sustainability journey by setting 2030 targets towards Net Zero by 2050 for several sectors, as follows:

  1. Coal Sector
    Reducing the financing portfolio for thermal coal mining to 50% from the 2021 baseline.
  2. Cement Sector
    Reducing the physical intensity of financing clients in the cement sector by 36% from 0.72 to 0.46 tonnes CO2e/tonnes cement produced (2021 baseline).
  3. Palm Oil Sector
    Reducing emissions intensity of our palm oil portfolio by 16% (from 2022 baseline). This is done by engaging with customers to shift their production towards sustainable palm oil.
  4. Power Sector
    Reducing emissions intensity by 38% (from 2022 baseline), with a focus on low-carbon and renewable alternative energy sources to accelerate customer’s decarbonization plans.

Our Sustainability Roadmap

Overview

Our commitment to sustainability...

Find out more here

Sustainable Action

Sustainable action demonstrated at CIMB Niaga speaks of our commitment...

Find out more here

Sustainable Business

Business can be a force for good. Key to this is to understand what sustainability...

Find out more here

Corporate Social Responsibility

Our involvement towards sustainable, long-term positive impact in communities...

Find out more here

Governance & Risk

It is our responsibility to uphold a high standard of corporate governance...

Find out more here

Stakeholders Engagement & Advocacy

Systematic engagement is fundamental to understanding stakeholders'...

Find out more here

Sustainability Performance Highlights

Reporting Framework

Sustainability Rating

Sustainalytics ESG rating

23,8

Medium Risk

Moody’s ESG Credit Impact Score

CIS -2

Neutral to Low

S&P Global

57

Contact us via email

Get in touch now