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 24 is higher than 70% 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 emissions at approximately 16,600,000 kg CO2e and Scope 2 emissions also at about 16,600,000 kg CO2e. This marks a notable increase compared to previous years, particularly from 2022, where Scope 1 emissions were around 133,980 kg CO2e and Scope 2 emissions were approximately 1,600,130 kg CO2e. In 2022, PNB's total Scope 3 emissions were reported at about 5,803,320 kg CO2e, which included substantial contributions from purchased goods and services, amounting to approximately 14,580,050 kg CO2e. The bank's emissions data from 2021 indicated Scope 1 emissions of about 3,970 kg CO2e and Scope 2 emissions of approximately 18,869,610 kg CO2e, while 2020 saw Scope 1 emissions at about 4,090 kg CO2e and Scope 2 emissions at approximately 9,812,630 kg CO2e. Despite these figures, PNB has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions profile reflects the broader context of the financial sector's increasing focus on sustainability and climate commitments, although specific strategies or goals for emissions reduction have not been disclosed.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 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.
