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Public Profile
Financial Intermediation
IN
updated 3 months ago

PNB Housing Finance Limited Sustainability Profile

Company website

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.

DitchCarbon Score

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.

16

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

PNB Housing Finance Limited's score of 16 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

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PNB Housing Finance Limited's reported carbon emissions

In 2024, PNB Housing Finance Limited reported total carbon emissions of approximately 2,578,540 kg CO2e, comprising 53,020 kg CO2e from Scope 1 and 2,525,520 kg CO2e from Scope 2 emissions. This represents a slight increase from 2023, where emissions were about 2,000,130 kg CO2e, with 37,960 kg CO2e from Scope 1 and 1,995,170 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). PNB Housing Finance Limited's emissions data is not cascaded from a parent organization, indicating that the figures are independently reported. Despite the absence of formal reduction commitments, the company continues to monitor its emissions intensity, which was reported at 0.000899 kg CO2e per unit of revenue in 2024 and 0.000765 kg CO2e in 2023. The focus on emissions management aligns with industry standards, although further commitments would enhance their climate strategy.

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20232024
Scope 1
37,960
00,000
Scope 2
1,995,170
0,000,000
Scope 3
-
-

How Carbon Intensive is PNB Housing Finance Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PNB Housing Finance Limited'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 PNB Housing Finance Limited'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 PNB Housing Finance Limited is in IN, which has a very high grid carbon intensity relative to other regions.

PNB Housing Finance Limited'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.

PNB Housing Finance Limited 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 PNB Housing Finance Limited's Emissions with Industry Peers

Aptus Value Housing Finance India Limited

IN
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Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

Home First Finance

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Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Mahindra Rural Housing Finance Limited

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

Aditya Birla Capital

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Icici Bank

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Hdfc

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 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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