Public Bank Group, officially known as Public Bank Berhad, is a leading financial institution headquartered in Malaysia. Established in 1966, the bank has grown to become a prominent player in the banking and financial services industry, with a strong presence across Southeast Asia. The bank offers a comprehensive range of services, including retail banking, corporate banking, and investment services, distinguished by its commitment to customer service and innovative financial solutions. Public Bank Group is renowned for its robust financial performance and has consistently been recognised for its operational efficiency and strong asset quality. With a market position bolstered by numerous accolades, Public Bank Group continues to set benchmarks in the industry, making it a trusted choice for individuals and businesses seeking reliable banking solutions.
How does Public Bank Group'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.
Public Bank Group's score of 16 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Public Bank Group reported total carbon emissions of approximately 64,063,000 kg CO2e, comprising 2,891,000 kg CO2e from Scope 1, 61,172,000 kg CO2e from Scope 2, and 23,160,000 kg CO2e from Scope 3. This represents a significant increase in emissions compared to previous years, with total emissions of about 20,226,000 kg CO2e in 2021 and approximately 23,150,576 kg CO2e in 2020. The bank's emissions profile shows a notable reliance on Scope 2 emissions, which accounted for the majority of their total emissions in 2023. Despite the increase in overall emissions, there are no specific reduction targets or initiatives disclosed by Public Bank Group, indicating a potential area for improvement in their climate commitments. Public Bank Group's emissions intensity metrics indicate a trend towards higher emissions per employee and revenue, with values of 4,400 kg CO2e per employee and 3,400 kg CO2e per USD of revenue reported in 2023. The absence of documented reduction targets suggests that the bank may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 6,786,370.38 | 0,000,000.00 | 000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 17,903,906.13 | 00,000,000.00 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 396,711.31 | 00,000.00 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Public Bank Group 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.