Pan Asia Banking Corporation PLC
Pan Asia Banking Corporation PLC, commonly referred to as PABC, is a prominent financial institution headquartered in Sri Lanka (LK). Established in 1999, the bank has steadily expanded its operations across the island, offering a comprehensive range of banking services tailored to meet the diverse needs of its clientele. Operating within the banking and financial services industry, PABC provides core products such as personal and business loans, savings accounts, and investment services. What sets Pan Asia Banking Corporation apart is its commitment to customer-centric solutions and innovative financial products designed to enhance the banking experience. With a strong market presence, PABC has achieved notable milestones, including recognition for its robust financial performance and customer service excellence. As a trusted partner in the Sri Lankan banking sector, Pan Asia Banking Corporation continues to play a vital role in fostering economic growth and financial inclusion.
DitchCarbon Score
How does Pan Asia Banking Corporation PLC'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
Pan Asia Banking Corporation PLC's score of 19 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pan Asia Banking Corporation PLC's reported carbon emissions
In 2023, Pan Asia Banking Corporation PLC reported carbon emissions of approximately 42,265,000 kg CO2e, a reduction from about 48,218,000 kg CO2e in 2022. These emissions are classified under Scope 1, which includes direct emissions from owned or controlled sources. Despite this decrease, the company has not established specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. As the financial sector increasingly prioritises sustainability, Pan Asia Banking Corporation PLC may benefit from developing comprehensive strategies to further reduce their carbon footprint and enhance their environmental responsibility.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 48,218,000 | 00,000,000 |
| Scope 2 | - | - |
| 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.
Pan Asia Banking Corporation PLC 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.
