COVID–19 NEWS   Owners of premises in buildings allowed to determine protocol on wearing of face mask at their venue - Johor Exco | Italy greenlights Omicron-adapted COVID-19 booster shots | New COVID-19 cases down 16.9 pct last week | Japan to simplify COVID-19 airport quarantine procedures | EMA endorses Omicron-adapted COVID-19 vaccines | 
BUSINESS

AmBank maintains “AA” MSCI ESG Ratings

11/08/2022 03:52 PM

KUALA LUMPUR, Aug 11 (Bernama) -- AMMB Holdings Bhd (AmBank Group) has maintained its ‘AA’ rating from MSCI Environmental, Social and Governance (ESG) Ratings which it initially attained in 2020.

In a statement today, the bank said the ESG rating of ‘AA’ places AmBank Group in the top 32 per cent of 190 banks rated globally, based on the MSCI All Country World Index (ACWI) constituents, of which only four per cent have been accorded the highest rating of ‘AAA’.

AmBank Group chief executive officer, Datuk Sulaiman Mohd Tahir said the rating was a testament to the group’s consistency and tenacity in following through with its ESG agenda which has redefined its business and operational approach, hinged firmly on sustainable and responsible banking principles.

“With adherence to ESG standards as a key strategic focus, AmBank Group consciously embarks on inculcating responsible and inclusive practices as part of our fiduciary duties, in the delivery of sustainable financial products and services.

“This includes AmBank Group’s partnership with renewal energy companies to supply solar panels to AmBank Group’s customers," he said.

-- BERNAMA

 


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy