RHB, Malaysia’s fourth-largest bank by assets has announced ambitious climate targets.

Setting its sights on net zero by 2050 and increasing its sustainable finance target to RM50 billion  by 2026.

The news was shared at the inaugural RHB sustainability media day.

Speaking at the session, Mohd Rashid Mohamad  Group Managing Director / Group Chief Executive Officer of RHB Banking Group shared that the goals are the result of over a year of work under the group climate action programme.

Rachel Kelly with the details.

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