RHB Bank BHD is a Malaysian financial institution that operates in the banking sector. It is a subsidiary of RHB Group, which is one of the largest financial services groups in Malaysia. The bank offers a wide range of financial products and services, including personal and business banking, investment banking, and Islamic banking.

In recent years, RHB Bank BHD has been focusing on decarbonisation and reducing its carbon footprint. The bank has implemented various initiatives to reduce its energy consumption and promote renewable energy. One of the key initiatives is the adoption of corporate power purchase agreements (PPAs) for renewable energy.

Corporate PPAs are long-term contracts between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price. This allows companies to source renewable energy directly from the provider, rather than relying on the grid. By doing so, companies can reduce their carbon footprint and promote the growth of renewable energy.

RHB Bank BHD has signed several corporate PPAs for renewable energy, including a 10-year agreement with a solar energy provider. Under this agreement, the bank will purchase 10 MW of solar energy annually, which is equivalent to the energy consumption of 3,500 households. This will help the bank reduce its carbon emissions by 6,000 tonnes annually.

In addition to corporate PPAs, RHB Bank BHD has also implemented various energy efficiency measures in its operations. The bank has installed energy-efficient lighting, air conditioning, and other equipment in its branches and offices. It has also implemented a green building policy, which requires all new buildings to meet certain energy efficiency standards.

RHB Bank BHD has also launched a corporate energy management program, which aims to reduce the bank's energy consumption and promote energy efficiency. The program includes regular energy audits, the implementation of energy-saving measures, and the promotion of energy-efficient practices among employees.

Overall, RHB Bank BHD's focus on decarbonisation and renewable energy is in line with Malaysia's commitment to reducing its carbon emissions. The country has pledged to reduce its greenhouse gas emissions by 45% by 2030, and to achieve net-zero emissions by 2050. By adopting renewable energy and promoting energy efficiency, RHB Bank BHD is contributing to this goal and setting an example for other companies in the banking sector.

In conclusion, RHB Bank BHD is a Malaysian financial institution that operates in the banking sector. The bank has been focusing on decarbonisation and reducing its carbon footprint in recent years. It has implemented various initiatives to promote renewable energy, including the adoption of corporate PPAs and energy efficiency measures. RHB Bank BHD's commitment to decarbonisation is in line with Malaysia's goal of reducing its carbon emissions and achieving net-zero emissions by 2050.