Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Social Responsibility (CSR)

Environmental Achievements

• Implemented 6 social and environmental projects with focus on community involvement and building of learning centres.

Social Achievements

• Handed over 10 computer and internet learning centers to 28 rural schools; provided basic training courses on computer and internet use for surrounding communities; encouraged staff participation in CSR projects like blood donation and volunteer work; partnered with World Vision Foundation of Thailand, The Thai Red Cross Society, and other organizations on CSR initiatives.

Governance Achievements

• Officially certified as a “CAC Member” by the Private Sector Collective Action Coalition Against Corruption Council; established Policy and Procedures on Anti-Corruption; implemented anti-corruption training; established a reporting channel on the Bank’s website for concerns or complaints.

Climate Goals & Targets

Environmental Challenges

• Tough business operation in 2015 due to domestic and global economic challenges; falling farm income; high household debt; delayed public investment; faltering export growth; slow recovery of major economies; global financial volatility; droughts restricting economic growth; sluggish commodity prices; low capacity utilization; weak export performance; challenging operating environment leading to increased loan loss provision.

Mitigation Strategies

• Strategic direction and focus on customers; leveraging CIMB’s regional banking expertise; managing credit cost; efficient balance sheet with disciplined capital allocation; building up recurring income; developing alternative strategies; recalibrating and streamlining processes; synergising across CIMB Group; improved cost management; conservative reserve policy; strengthening position as a resilient ASEAN-focused universal bank; commitment towards digital banking and FinTech; significantly improved Regional Operating Model; focusing on growing fee income; improving lending portfolio quality; focusing on big projects generating comprehensive income; synergising with local and regional Wholesale Banking teams; expanding business to other ASEAN countries.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• CAC Member certification
• 13 awards for hedging products and services from ASIAMONEY Polls
• The Best Structured Product House in Thailand
• The Best Local Currency Bond Individual in Research, Sales and Trading for 2015
• The Best Foreign Currency Liquidity Provider in Thailand
• Most Improved Bond House of the Year 2015 in Southeast Asia
• Strategy Excellence in Business Model Innovation