KUALA LUMPUR: CIMB Group Holdings Bhd has been ranked fourth in terms of environmental, social and governance (ESG) performance out of the 155 most influential banks globally in the inaugural 2022 Financial System Benchmark by the World Benchmarking Alliance (WBA).
The bank, in a statement, said among all financial institutions (FIs), which also includes insurance companies, asset owners and asset managers, CIMB placed seventh out of 400 FIs globally.
“We are truly honoured to be ranked in the top five banks globally in WBA’s inaugural Financial System Benchmark. As the top-rated emerging market and Asia-based bank, this recognition underscores our continued commitment and progress in driving the sustainability agenda across the Asean region.
“As a purpose-driven group, CIMB understands the critical role of FIs in driving and catalysing the adoption of ESG-aligned practices. In line with our aspiration of becoming an Asean sustainability leader, we look forward to continue raising the bar in creating greater positive impacts in collaboration with our clients, customers and other stakeholders across the business ecosystem and the community,” group chief executive officer Datuk Abdul Rahman Ahmad said.