Media Release
FOR IMMEDIATE RELEASE
8 January 2025
Public Bank Launches the Sustainable Financing Hub to Intensify its Efforts on Fulfilling its ESG Commitments
Public Bank is further intensifying its effort to fulfill its sustainability commitments with the launch of the Sustainable Financing Hub.
Public Bank’s Managing Director and Chief Executive Officer, Tan Sri Dato’ Sri Dr. Tay Ah Lek said, “Public Bank’s firm commitment in our sustainability goals are continuously reflected in our daily actions. This endeavour of having a Sustainable Financing Hub will further solidify and crystallise our efforts towards our objective of achieving Net Zero Carbon by 2050.”
The launch of the Hub will also support Public Bank’s customers to transition to more sustainable business practices.
The Hub, which serves as a centralised centre for capacity building, sustainable finance products, sustainability impact calculators and data collection for borrowers is accessible to the public via the website https://pbsustain.com/.
Customers can make use of the tools provided to calculate their sustainability related impacts such as Greenhouse Gas emissions – Scope 1 and Scope 2. Next, they can compute financial related impacts such as investment required and cost savings from investments in electric vehicles and solar power.
On top of that, customers can also seek solutions related to financing via Public Bank and Public Islamic Bank’s sustainability related products and services. With the Bank’s comprehensive sustainable financing options available, this will further accelerate the Bank’s commitment in achieving RM100 billion in sustainable financing by 2030.
Public Bank is also engaging with an external data collection platform to gather and understand customer’s needs, enabling the Bank to provide support tailored for customers’ needs in their transition to a low carbon economy.
Meanwhile, the public can also learn about Public Bank’s ongoing sustainability initiatives, as well as to look out for upcoming initiatives and events.
For more information, please email at sustainability@publicbank.com.my.
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