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 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Philippine National Bank's reported carbon emissions
In 2023, Philippine National Bank (PNB) reported significant carbon emissions, with Scope 1 and Scope 2 emissions each totalling approximately 16,600,000 kg CO2e. This marked a notable increase compared to previous years. In 2022, PNB's emissions were about 1,600,130 kg CO2e for Scope 2 and 133,980 kg CO2e for Scope 1, while in 2021, only Scope 1 and Scope 2 emissions were reported, totalling approximately 18,869,610 kg CO2e. The bank has disclosed emissions across all three scopes, with Scope 3 emissions reaching approximately 5,803,320 kg CO2e in 2022. However, there are currently no specific reduction targets or climate pledges outlined in their reports. PNB's commitment to addressing climate change remains unclear, as they have not established formal reduction initiatives or targets under the Science Based Targets initiative (SBTi). Overall, while PNB has made strides in transparency regarding its carbon footprint, the lack of defined reduction strategies highlights an area for potential improvement in their climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 53,790 | 0,000 | 0,000 | 000,000 | 00,000,000 |
| Scope 2 | 9,802,830 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 9,856,820 | 00,000,000 | - | 0,000,000 | - |
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 committed to any reduction initiatives 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.
