AmBank Adopts GET Programme for Reduction of Carbon Emissions

IN line with its sustainability goal, AmBank Group has adopted the Green Electricity Tariff (GET) Programme offered by Tenaga Nasional Berhad (TNB) in efforts to reduce its carbon footprint in electricity consumption.

“We were the nation’s first financial institution to install solar photovoltaic (PV) panels on one of our buildings located at the Damansara Fairway 3. We have opted for the GET programme as an alternative to gain access to more renewable energy, due to the limitation of the rooftop design of our other premises. We will continue to explore and implement other energy management initiatives to further reduce carbon emissions and minimise environmental impact from our operations,” Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group said.

The banking group is expected to reduce its Scope 2 carbon emissions by approximately 90% with the said programme. Among the green initiatives implemented are investing in energy-efficient infrastructures such as installing LED lighting system for its buildings and branches nationwide. 

“We applaud the commitment that AmBank Group has undertaken to proactively reduce its carbon footprint from its operations through the GET programme. In addition to receiving the internationally recognised Malaysian Renewable Energy Certificate (mREC), GET subscribers like AmBank Group are contributing towards the national green agenda to increase renewable energy generation to 31% by 2025,” Datuk Ir. Megat Jalaluddin Megat Hassan, Chief Retail Officer of TNB commented.

Established by the Energy Commission, the GET programme is facilitated by TNBX Sdn Bhd, a wholly owned subsidiary of TNB. With mREC backing the GET programme, subscribers are assured that they are indirectly receiving eco-friendly energy sources like hydro and solar.

AmBank Group’s Sustainability Framework reflects its commitment to contribute to global sustainability goals and ensures that its strategies, activities and portfolio will consider environmental, social and governance (ESG) impact.

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