Public Bank Group
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, particularly in Malaysia, Vietnam, and Cambodia. The bank offers a comprehensive range of services, including retail banking, corporate banking, and investment banking, distinguished by its commitment to customer service and innovative financial solutions. Public Bank Group is renowned for its prudent management and consistent profitability, securing its position as one of the largest banks in Malaysia by market capitalisation. With a focus on sustainable growth and community development, Public Bank continues to achieve notable milestones, reinforcing its reputation as a trusted financial partner in the region.
DitchCarbon Score
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.
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
Public Bank Group's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Public Bank Group's reported carbon emissions
In 2023, Public Bank Group reported significant carbon emissions, totalling approximately 28,910,000 kg CO2e from Scope 1 and 2 emissions globally. This includes about 2,890,000 kg CO2e from Scope 1, primarily from mobile combustion and fugitive emissions, and approximately 61,172,000 kg CO2e from Scope 2. Additionally, Scope 3 emissions were reported at around 23,160,000 kg CO2e, with notable contributions from business travel and employee commuting. In 2022, the Group's emissions were approximately 26,236,000 kg CO2e for Scope 3, alongside 2,460,000 kg CO2e from Scope 1 and 61,211,000 kg CO2e from Scope 2. The previous year, 2021, saw emissions of about 1,041,000 kg CO2e from Scope 3, with Scope 1 and 2 emissions at 55,1000 kg CO2e and 61,318,000 kg CO2e, respectively. Despite these figures, Public Bank Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The Group's emissions intensity metrics, such as 4,400 kg CO2e per employee and 0.033 kg CO2e per RM billion of revenue, suggest a focus on improving operational efficiency. Overall, while Public Bank Group has made strides in tracking its carbon footprint, further commitments to reduction targets would enhance its climate strategy.
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Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 533,750 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,063,330 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,698,040 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
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.
