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Punjab National Bank (PNB), a venerable institution in India's financial landscape, provides extensive financial intermediation services. Established in 1894 as the first Swadeshi Bank, PNB is headquartered in New Delhi, India, boasting a proud legacy. Its nationalisation in 1969 and the significant 2020 merger with Oriental Bank of Commerce and United Bank of India solidified its market position.
As one of India's largest public sector banks, PNB delivers a broad spectrum of banking and financial services. Its core offerings encompass retail banking, corporate banking, international banking, and innovative digital solutions, catering to a diverse clientele across India and globally. PNB is recognised for its commitment to customer-centric banking and widespread accessibility.
40
DitchCarbon score
+3 vs industry average
Punjab National Bank’s score of 40 is higher than 55% 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 – 2027
20202021202220232024202520262027
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.
Punjab National Bank's reported carbon emissions
Punjab National Bank: Climate Commitments & Emissions Performance
Punjab National Bank, headquartered in India and operating within the financial intermediation services industry, is actively reporting its carbon emissions.
For the reporting year 2024, the bank's total greenhouse gas emissions were approximately 100.85 billion kg CO2e. This figure comprises Scope 1 emissions of 8.49 million kg CO2e, Scope 2 emissions of 197.09 million kg CO2e, and Scope 3 emissions of 100.64 billion kg CO2e. Significant contributors to Scope 3 emissions include investments (approximately 100.54 billion kg CO2e), employee commute (approximately 81.79 million kg CO2e), and business travel (approximately 11.34 million kg CO2e).
Looking back, in the reporting year 2023, Punjab National Bank's Scope 1 emissions were 7.87 million kg CO2e, Scope 2 emissions were 208.86 million kg CO2e, and Scope 3 emissions were 96.11 billion kg CO2e.
While specific reduction targets were not disclosed in the provided information, the bank's consistent reporting of its Scope 1, 2, and 3 emissions demonstrates a commitment to transparency and understanding its environmental impact.
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Punjab National Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Punjab National Bank yet.
Scope 3 top emissions categories
6 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
Punjab National Bank6 months ago
40
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