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Public Profile
Financial Intermediation
LK
updated a month ago

Pan Asia Banking Corporation PLC Sustainability Profile

Company website

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.

20

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.

29

Industry Benchmark

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.

24%

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Pan Asia Banking Corporation PLC's reported carbon emissions

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.

How Carbon Intensive is Pan Asia Banking Corporation PLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pan Asia Banking Corporation PLC's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Pan Asia Banking Corporation PLC's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Pan Asia Banking Corporation PLC is in LK, which has a medium grid carbon intensity relative to other regions.

Pan Asia Banking Corporation PLC's Climate Goals (2030 & 2050)

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Pan Asia Banking Corporation PLC's Emissions with Industry Peers

Nations Trust Bank PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Hatton National Bank

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

National Development Bank PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Standard Chartered Bank

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

SANASA Development Bank PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

DFCC Bank PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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