KUALA LUMPUR, Feb 3 (Bernama) — CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) have launched CIMB GreenBizReady, a one-stop sustainability solution for Malaysian small and medium enterprises (‘SME”) looking to start and progress on their sustainability journey. With an allocation of RM250 million, SMEs will be empowered through financial solutions and incentives such as sustainability-linked financing benefits, access to sustainability service providers, training and capacity building, certification and advisory services, and business matching with support from industry leaders and government agencies.
Through GreenBizReady, CIMB hopes to catalyse the transition of Malaysian SMEs towards the green economy, in line with the Malaysian Government’s aim of advancing the sustainability agenda as part of a holistic and inclusive economic approach. GreenBizReady will provide SMEs with a competitive advantage by equipping them with practical knowledge and tools to incorporate economic, environmental and social (“EES”) considerations into their business, helping them become sustainability-ready for long-term business resilience. It will also help SMEs to tap into the support and incentives provided by various Government agencies that are tasked with accelerating the adoption of the green economy.