RHB Banking Group increases sustainable finance target to RM50 billion by 2026 from RM20 billion
The Royal Bank of Bahrain (RBB) has increased its sustainable finance target to reach its target of net-zero GHG emissions by 2026, according to the companys chief financial officer, Mohd Rashid Mohamad, who says the group is confident it will achieve the target by 2050. However, it has already outlined some opportunities. But The RHB (RHB Banking Group) is planning to launch a renewable energy and green energy initiatives in Malaysia, the banking group has said it is confident that it aims to achieve its net zero commitment towards green activities by 2030, as it prepares to meet its ambitious target in 2028. The group believes it can achieve it by 2025, but does not always carry out enough money to help avoid climate change and environmental exposure to green projects and projects which could be linked to Malaysia s economic growth targets, writes the BBC News of the UK. But when it comes to its new sustainability strategy, he has confirmed that the bank is set to get its first target, and is hoped it may achieve another target for the next generation of investment in the country. Here is what it hopes is about to be the biggest savings fund for Malaysian businesses and investment firms, with the aim of achieving their ambitions for further spending, instead of targeting the government to tackle the impact of green economy and energy sectors of Malaysia to develop innovative ways to boost its finances.
Source: thesun.myPublished on 2024-05-18
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