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Public Bank Group
Financial IntermediationMalaysiaKLS: 1295.KL
Last verified 11 months agopublicbankgroup.com
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 financial intermediation services sector, excluding insurance and pension funding. With a strong presence across Southeast Asia, Public Bank Group offers a diverse range of services, including personal and commercial banking, investment banking, and treasury operations.
Renowned for its customer-centric approach, Public Bank Group has consistently achieved notable milestones, including recognition for its financial stability and profitability. The bank's core products, such as retail loans and deposit accounts, are distinguished by competitive rates and exceptional service quality. As a testament to its market position, Public Bank Group has received numerous awards, solidifying its reputation as a trusted financial partner in the region.
69
DitchCarbon score
+32 vs industry average
Public Bank Group’s score of 69 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Public Bank Group's reported carbon emissions
Public Bank Group, a Malaysian financial intermediation services company, reported Scope 1 emissions of 3,531,000 kg CO2e, Scope 2 emissions of 64,193,000 kg CO2e, and Scope 3 emissions of 33,084,000 kg CO2e for the 2025 reporting year.
The company has set ambitious climate commitments, aiming for carbon neutrality for Scope 1 and Scope 2 emissions by 2030 and Net Zero Carbon by 2050 for all scopes. As part of this near-term target, Public Bank Group aims for at least a 90% reduction in Scope 1 and Scope 2 emissions by 2030. Their long-term Net Zero Carbon by 2050 target also includes Scope 3 emissions, with a particular focus on categories such as Purchased Goods and Services, Business Travel, Employee Commute, and Downstream Leased Assets. To achieve this, the Group is engaging suppliers to decarbonise its value chain and is working to enhance data capture for improved emissions quantification and management.
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Public Bank Group’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Public Bank Group11 months ago
69
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