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 41 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Public Bank Group's reported carbon emissions
In 2024, Public Bank Group reported total carbon emissions of approximately 39,640,000 kg CO2e for Scope 1, 65,992,000 kg CO2e for Scope 2, and 27,860,000 kg CO2e for Scope 3, which includes 1,939,000 kg CO2e from business travel and 25,872,000 kg CO2e from employee commuting. In 2023, the Group's emissions were approximately 28,910,000 kg CO2e for Scope 1, 62,551,000 kg CO2e for Scope 2, and 23,460,000 kg CO2e for Scope 3, with similar categories of emissions. For 2023, the Group's Scope 2 emissions in Malaysia were reported at about 55,611,000 kg CO2e, while in Vietnam, they were approximately 1,155,000 kg CO2e. The data indicates a commitment to transparency in emissions reporting, although no specific reduction targets or initiatives have been disclosed. Public Bank Group does not currently have any Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges. The emissions data is sourced directly from Public Bank Berhad, with no cascaded data from a parent or related organization. The Group's focus appears to be on understanding and reporting its carbon footprint, with potential for future commitments to emissions reduction.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 533,750 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,063,330 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,698,040 | 0,000,000 | 00,000,000 | 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 participating in any of the initiatives that 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.
