Kuala lumpur: CIMB Group Holdings Berhad (‘CIMB’ or ‘the Group’) today announced a new sustainable finance target of RM300 billion by 2030, reinforcing its commitment to help its clients navigate risks and build resilience in a lower-carbon, more inclusive economy. Sustainable finance is a central pillar of CIMB’s 2030 sustainability roadmap, and is an integral component of its Forward30 strategy. Since introducing its sustainable finance roadmap in 2021, CIMB has progressively raised its ambitions, tripling its sustainable finance target from RM30 billion to RM100 billion for the 2021-2024 period, and now significantly expanding its commitment through 2030.

According to BERNAMA News Agency, Novan Amirudin, Group Chief Executive Officer and Executive Director of CIMB Group, stated that their ambitious sustainable finance target, which is three times higher than their previous target, is anchored on their purpose of advancing customers and society. The bank recognizes its critical role in supporting clients in their sustainability journeys and enabling them to thrive in a low-carbon economy. As one of ASEAN’s leading banks, CIMB is committed to enabling real-world impact by directing capital towards responsible businesses, as well as activities that reduce emissions, protect ecosystems, and generate meaningful social outcomes, ensuring no one is left behind.