KUALA LUMPUR, Jan 22 (Bernama) — CIMB Group Holdings Berhad (“CIMB” or “the Group”) has been upgraded from AA to AAA in the MSCI ESG Ratings, the highest possible rating. The upgrade reflects strengthened sustainability practices and disclosures, particularly in the consumer protection and workforce management pillars. Furthermore, CIMB maintained a robust environmental score of 9.2, a testament to its disciplined management of environmental risks within its credit underwriting process.
MSCI ESG Ratings evaluate how well companies manage the environmental, social and governance (“ESG”) risks and opportunities specific to their industry that may affect financial performance. Using rules-based methodologies, MSCI assesses thousands of global issuers by combining corporate disclosures with alternative data sources. Each company is then assigned a rating from AAA to CCC, reflecting its resilience to these risks relative to its industry peers.
