Grab Holdings Ltd

Common Name
Grab Holdings
Country
Singapore
Sector
Technology
Industry
Software - Application
Employees
11,267
Ticker
GRAB
Exchange
NASDAQ/NGS
Description
Grab Holdings Ltd. operates as a leading technology company focused on developing and offering digital services primarily in Southeast Asia. The company provides platform-based solutions that cater to...

Grab Holdings's GHG Emissions Data Preview

In 2023, Grab Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Grab Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Grab Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Grab Holdings amounted to 95,276 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Grab Holdings increased by 44.09%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Grab Holdings's Scope 1 Emissions Over Time

2019202020212022202309.5 k19 k28.5 k38 ktCO2e+143%
  • Total Scope 1
  • Year-over-Year Change

What are Grab Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Grab Holdings were 36,186 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Grab Holdings's Scope 1 emissions increased by 142.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Grab Holdings's Scope 2 emissions?

In 2023, Grab Holdings reported Scope 2 greenhouse gas (GHG) emissions of 53,549 tCOâ‚‚e using the market-based method and 59,090 tCOâ‚‚e using the location-based method.

Has Grab Holdings reduced its Scope 2 emissions over time?

Since 2019, Grab Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 873.64%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Grab Holdings's Scope 2 emissions (Location-Based) rose by 15.39% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Grab Holdings use for Scope 2 reporting?

In 2023, Grab Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.

Grab Holdings's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Grab Holdings's Value Chain Emissions

In 2023, Grab Holdings reported 2,382,927 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Grab Holdings includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Grab Holdings's Scope 3 Emissions Over Time

201920202021202220230800 k1.6 M2.4 M3.2 MtCO2e-51%-4%+40%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Grab Holdings's Scope 3 emissions?

In 2023, Grab Holdings reported total Scope 3 emissions of 2,382,927 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 12.05% of these emissions originated from upstream activities such as purchased goods and capital goods, while 87.95% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Grab Holdings reduced its Scope 3 emissions over time?

Since 2019, Grab Holdings's Scope 3 emissions have decreased by 21.11%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Grab Holdings's Scope 3 emissions increased by 20.46%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Grab Holdings disclose?

In 2023, Grab Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Grab Holdings's Scope 3 emissions?

In 2023, the largest contributors to Grab Holdings's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 1,793,485 tCOâ‚‚e (87.95%)
  • Purchased Goods and Services (Cat. 1): 214,845 tCOâ‚‚e (10.54%)
  • Fuel- and Energy-Related Services (Cat. 3): 18,954 tCOâ‚‚e (0.93%)

Grab Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(10.5%)Use of Sold Products(Cat. 11)(88.0%)

Insights into Grab Holdings's Total Carbon Footprint

In 2023, Grab Holdings reported a total carbon footprint of 2,478,203 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.23% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Grab Holdings's total carbon footprint was Scope 3 emissions, accounting for 96.16% of the company's total carbon footprint, followed by Scope 2 emissions at 2.38%.

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