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CSO Insights: How a big Malaysian bank balances climate, nature, human rights and economic inclusion

Season 7 Episode 36 Published 8 months, 2 weeks ago
Description

How are corporate leaders navigating the changing sustainability landscape? To help answer that question, the All Things Sustainable podcast has launched CSO Insights, a new miniseries that brings listeners interviews with Chief Sustainability Officers across industries and around the world.

Today we're talking with Luanne Sieh, Group Chief Sustainability Officer at CIMB Group, one of Malaysia's largest banks.

Luanne says CIMB takes a "holistic" view of climate, nature, human rights and economic inclusion. She outlines the bank's 2030 emissions reduction targets for six priority sectors, including palm oil — an important contributor to Malaysia's GDP and a significant part of CIMB's portfolio.

"We are one of the largest financiers of palm oil globally," Luanne says. "We think that our role here is to really reshape the industries and the clients, or help to reshape them — and not to retreat from them."

Listen to the first episode of our CSO Insights series: CSO Insights: How sustainability pullback is playing out in Southeast Asia | S&P Global

Listen to our podcast interview with big Malaysian pension fund Employees Provident Fund (EPF): Why one of Southeast Asia's largest pension funds is 'doubling down' on sustainability | S&P Global

Read research from S&P Global Sustainable1 about companies' nature risks and dependencies: How the world's largest companies depend on nature and biodiversity | S&P Global

Read our research about the costs of climate physical risk: For the world's largest companies, climate physical risks have a $1.2 trillion annual price tag by the 2050s | S&P Global

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

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