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Public Bank and Jati Tinggi Group executives sign memorandum of understanding. (Photo: Jati Tinggi Group)
Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest 14.88 million ringgit (about 3.3 million USD) to install solar panels across all its branches and buildings.
Meanwhile, RHB Bank and SME Bank continue to roll out green financing programs to help businesses promote sustainability and reduce Scope 3 emissions.
Public Bank partners with Jati Tinggi to install solar panels
Public Bank has signed a memorandum of understanding with power infrastructure group Jati Tinggi to embark on a three-year solar panel installation project. The initiative will cover 135 branches and 333 buildings, supporting the bank's goal of achieving carbon neutrality by 2030.
