Philippine National Bank
Philippine National Bank (PNB), a leading financial institution in the Philippines, is headquartered in Makati City, PH. Established in 1916, PNB has a rich history of serving both local and international clients, with a strong presence in key regions across the country. As a prominent player in the banking industry, PNB offers a comprehensive range of services, including retail banking, corporate banking, and investment services. With a commitment to innovation, PNB provides unique products such as its digital banking solutions, which enhance customer convenience and accessibility. The bank has achieved significant milestones, including its successful expansion into overseas markets, catering to the needs of the Filipino diaspora. Recognised for its robust financial performance, PNB continues to solidify its position as a trusted partner in the financial landscape of the Philippines.
DitchCarbon Score
How does Philippine National Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Philippine National Bank's score of 21 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Philippine National Bank's reported carbon emissions
In 2022, Philippine National Bank (PNB) reported total carbon emissions of approximately 20,383,370 kg CO2e. This figure includes Scope 1 emissions of about 133,980 kg CO2e and Scope 2 emissions of approximately 1,600,130 kg CO2e. Notably, there is no available data on Scope 3 emissions, indicating a potential area for future reporting and improvement. Currently, PNB has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This absence of defined targets suggests that while the bank is aware of its carbon footprint, it may need to enhance its climate commitments to align with industry standards and expectations for sustainability. As PNB continues to operate in a global context, addressing its carbon emissions will be crucial for meeting both regulatory requirements and stakeholder expectations regarding climate action.
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| 2022 | |
|---|---|
| Scope 1 | 133,980 |
| Scope 2 | 1,600,130 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Philippine National Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
