Driving Growth in Green Financial Services

Driving Growth in Green Financial Services means that RHB Banking Group, leveraging its significant influence as a financial institution, is committed to supporting businesses and companies that are dedicated to carbon neutrality with a clear transition strategy. This is achieved by providing tailored financing and advisory solutions that enable clients to decarbonise, thereby ensuring RHB Banking Group's own portfolio aligns with national and international climate commitments. Expanding these Green Financial Services and Transition Finance solutions ultimately accelerates sustainable growth, secures long-term business resilience, and positions RHB Banking Group as a leader in Malaysia’s transition to a low-carbon economy.

This is part of RHB Banking Group’s Net Zero Strategy, which aims to Achieve Net Zero Emissions by 2050. It falls under Strategic Objective 2: Driving Growth in Green Financial Services and Supporting Companies Committed to Carbon Neutrality.

2030 Target:

40% of our portfolio in GFS and/or supporting companies committed to carbon neutrality with a clear and established transition strategy

2050 Target:

90% of our portfolio in GFS and/or supporting companies committed to carbon neutrality with a clear and established transition strategy

Our Approach for Strategic Objective 2

• Conduct Targeted Client Engagements

  RHB’s tiered client engagement approach categorises clients by decarbonisation maturity and transition readiness, ensuring measurable progress. RM Sector Playbooks provide sector-specific insights, strengthening RM capabilities to engage clients on sustainability and decarbonisation initiatives across all segments.

  
  
  
• Leverage Government Policies and Incentives

  Supports Malaysia’s Net Zero 2050 by leveraging NETR, HETR, and NIMP 2030. Forms RHB’s RM90 billion SFS commitment by 2027. Engages policymakers and collaborates with clients to align sustainable financial solutions with national priorities and decarbonisation goals.

  
  
  
• Support Clients in Hard-to-Abate Sectors

  RHB introduced the Green Finance Handbook under GCAP to standardise green financial services. Complementing EBAG, it ensures consistency across portfolios. To address client challenges, RHB developed the Sustainable and Transition Finance Framework, to guide sustainable and transition finance mobilisation.