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Monday, December 5, 2022

Launch Partners

AmBank Group becomes supporter of Task Force on Climate-related Financial Disclosures in July 2022; expands financing exclusions list

MALAYSIA: AmBank Group, which includes AmBank Islamic, has become a supporter of the Task Force on Climate-related Financial Disclosures (TCFD) in July 2022, a statement confirmed. The group has also enhanced its sustainability considerations.

“AmBank has expanded its exclusion list in relation to the provision of new or additional loans and financing involving coal and related activities. AmBank has also enhanced its ESG risk assessment to include climate change considerations,” Eqhwan Mokhzanee, CEO of AmBank Islamic and group sustainability champion of AmBank Group, remarked.

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