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.
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.
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.
Pan Asia Banking Corporation PLC's score of 20 is lower than 76% 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, headquartered in Sri Lanka (LK), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, the bank has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to address its carbon footprint at this time. As there are no emissions data or reduction initiatives available, it is unclear how Pan Asia Banking Corporation PLC is approaching climate commitments within the banking sector. The absence of such information may reflect a broader industry context where financial institutions are increasingly being called upon to disclose their environmental impact and set ambitious targets in line with global climate goals. In summary, without available emissions data or reduction initiatives, Pan Asia Banking Corporation PLC's current stance on carbon emissions and climate commitments remains unspecified.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pan Asia Banking Corporation PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
