CIMB Launches Advisory Service to Help SMEs Accelerate Decarbonization

CIMB Bank Berhad and CIMB Islamic Bank Berhad have introduced a new advisory service designed to support small and medium-sized enterprises (SMEs) and mid-tier companies (MTCs) in their journey toward decarbonization. The newly launched Green House Gas (GHG) Advisory Service aims to empower these businesses to effectively measure, manage, and ultimately reduce their carbon emissions.

This service operates under CIMB's GreenBizReady™ platform, a comprehensive initiative focused on fostering sustainable business practices. By providing expert guidance, CIMB intends to help companies not only meet environmental goals but also strengthen their long-term business resilience in an increasingly climate-conscious global market.

The core objective of the GHG Advisory Service is to equip businesses with the tools and knowledge necessary to navigate the complexities of carbon footprint reduction. This includes understanding emission sources, implementing mitigation strategies, and potentially exploring avenues for carbon offsetting. The initiative reflects CIMB's commitment to supporting the green transition of its corporate clients.

By facilitating the adoption of sustainable practices, CIMB aims to contribute to a broader economic shift towards a lower-carbon future. The service is expected to play a vital role in helping Malaysian SMEs and MTCs enhance their environmental performance and build more sustainable, competitive businesses.