PNB Housing Finance Limited, headquartered in India, is a prominent player in the housing finance sector. Established in 1988, the company has carved a niche in providing a range of financial services, primarily focusing on home loans, loan against property, and construction finance. With a strong presence across major operational regions in India, PNB Housing has consistently delivered innovative solutions tailored to meet the diverse needs of its customers. The company stands out for its customer-centric approach and competitive interest rates, making home ownership more accessible. Over the years, PNB Housing Finance has achieved significant milestones, including a robust market position and recognition for its commitment to quality service. As a subsidiary of Punjab National Bank, it leverages a strong legacy while driving growth in the housing finance industry.
How does PNB Housing Finance Limited'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.
PNB Housing Finance Limited's score of 14 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, PNB Housing Finance Limited reported total carbon emissions of approximately 2,029,130 kg CO2e, comprising 37,960 kg CO2e from Scope 1 and 1,995,170 kg CO2e from Scope 2 emissions. This represents a decrease from 2024, where emissions were about 2,578,540 kg CO2e, with Scope 1 emissions at 53,020 kg CO2e and Scope 2 emissions at 2,528,520 kg CO2e. Despite these figures, PNB Housing Finance Limited has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or Science-Based Targets Initiative (SBTi) commitments indicates a need for further action in addressing climate change. The company’s emissions intensity metrics, which are reported as 0.000765 kg CO2e per unit of revenue and 1.28 kg CO2e per employee for 2023, suggest a focus on improving operational efficiency. Overall, while PNB Housing Finance Limited has made strides in tracking emissions, the lack of defined reduction strategies highlights an opportunity for enhanced climate commitments in the future.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2023 | 2024 | |
---|---|---|
Scope 1 | 37,960 | 00,000 |
Scope 2 | 1,995,170 | 0,000,000 |
Scope 3 | - | - |
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.
PNB Housing Finance Limited 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.