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, with a total of approximately 2,891,000 kg CO2e from Scope 1, 2, and 3 emissions globally. Specifically, Scope 1 emissions accounted for about 2,891,000 kg CO2e, while Scope 2 emissions totalled approximately 61,172,000 kg CO2e. Scope 3 emissions were reported at around 23,160,000 kg CO2e, primarily from business travel and employee commuting. In Malaysia, the bank's Scope 2 emissions for 2023 were approximately 55,611,000 kg CO2e. However, there are no disclosed emissions data for Scope 1 and Scope 3 in this region. Public Bank Group has not set specific reduction targets or initiatives as per the latest data. The absence of documented reduction targets suggests a need for further commitment to climate action. The bank's emissions intensity metrics indicate a focus on improving efficiency, with emissions intensity reported at approximately 4,400 kg CO2e per employee. Overall, while Public Bank Group has made strides in reporting its emissions, the lack of defined reduction targets highlights an opportunity for enhanced climate commitments moving forward.
Unlock detailed emissions data
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.
