Maybank Targets US$73bil In Asean Sustainable Finance By 2030
July 1, 2026
Maybank Group has committed to mobilise US$73 billion in sustainable finance across ASEAN by 2030, increasing its target as it continues to support what it describes as a responsible and orderly transition towards long-term growth and resilience.
Group president and chief executive officer Datuk Seri Khairussaleh Ramli said the revised target builds on the group’s earlier achievement of about US$43 billion in sustainable finance as of 2025, surpassing its previous commitment and reflecting stronger momentum in the region.
Maybank president and group CEO Datuk Seri Khairussaleh Ramli.
“Our focus is not only to finance what is already green, but also to support sectors that are in transition,” he said in his keynote address at the inaugural Maybank Indonesia Sustainable Finance Forum 2026 in Jakarta on Tuesday.
He said the new target underscores Maybank’s continued role in supporting both green and transition financing, including emission-intensive and hard-to-abate sectors. This includes helping clients improve efficiency, adopt cleaner technologies and develop credible transition pathways.
Khairussaleh added that sustainability is not treated as a separate agenda within the group, but is embedded into its broader strategy of creating long-term value by supporting economic progress, strengthening business resilience and delivering impact to communities across ASEAN.
The event was also attended by Indonesia Financial Services Authority (OJK) Board of Commissioners chairperson Friderica Widyasari Dewi, Indonesia Industry Vice Minister Faisol Riza, Maybank Group chief sustainability officer Datuk Shahril Azuar Jimin, and Maybank Indonesia president director Steffano Ridwan.
Faisol said Indonesia remains committed to ensuring that industrial growth progresses alongside its transition towards a greener, more efficient and lower-carbon economy, noting that financial support, technology and international partnerships are critical to accelerating this shift.
He said the Industry Ministry estimates that Indonesia will require around US$300 billion in investment for industrial decarbonisation between 2026 and 2060, while current green financing remains largely concentrated on already bankable projects.
To bridge this gap, the ministry is developing a dedicated platform to connect industrial players with financing providers, supported by a proposed ministerial regulation on green financing expected to be implemented this year.
The forum also marked the launch of Maybank Indonesia’s Sustainable Shariah Restricted Investment Account (SRIA), a Shariah-compliant investment product designed to channel funding into green projects supporting Indonesia’s energy transition and sustainable growth.
Steffano said the SRIA reflects Maybank Indonesia’s efforts to integrate Islamic finance principles with sustainability-focused investment solutions in the market.
He added that sustainability is now a key driver of competitiveness, not just a regulatory requirement, in both domestic and global markets.
