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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 Limited is a multinational technology company specializing in mobile platform services throughout Southeast Asia. Its core offerings include ride-hailing, food delivery, and digital paym...

Grab Holdings's GHG Emissions Data Preview

In 2024, 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 4 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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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Grab Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Grab Holdings’s data sources below and access millions more through our Disclosure Search.

a. Grab Holdings's ESG Report 2024
a. Grab Holdings's ESG Report 2024
b. Grab Holdings's ESG Report 2022
b. Grab Holdings's ESG Report 2022

Insights into Grab Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGrab Holdings amounted to70,397metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Grab Holdingsdecreased by 17.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Grab Holdings's Scope 1 Emissions Over Time

20222023202406.5 k13 k19.5 k26 ktCO2e+73%-51%
  • Total Scope 1
  • Year-over-Year Change

What are Grab Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Grab Holdings were 12,577 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Grab Holdings's Scope 1 emissions decreased by 51.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Grab Holdings's Scope 2 emissions?

In 2024, Grab Holdings reported Scope 2 greenhouse gas (GHG) emissions of 52,757 tCOâ‚‚e using the market-based method and 57,820 tCOâ‚‚e using the location-based method.a

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 852.71%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Grab Holdings's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Grab Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Grab Holdings use for Scope 2 reporting?

In 2024, Grab Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a

Grab Holdings's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Grab Holdings's Value Chain Emissions

In 2024, Grab Holdings reported 2,657,972 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Grab Holdings includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Grab Holdings's Scope 3 Emissions Over Time

2019202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e-51%-4%+40%+20%+12%
  • Total Scope 3
  • Year-over-Year Change

What are Grab Holdings's Scope 3 emissions?

In 2024, Grab Holdings reported total Scope 3 emissions of 2,657,972 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 1.36%of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.64%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Grab Holdings reduced its Scope 3 emissions over time?

Since 2019, Grab Holdings's Scope 3 emissionshave decreased by 12.01%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Grab Holdings's Scope 3 emissions increased by 11.54%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Grab Holdings disclose?

In 2024, Grab Holdings reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2024, the largest contributors to Grab Holdings's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 2,444,168 tCOâ‚‚e(98.64%)
  • Fuel- and Energy-Related Services (Cat. 3): 19,150 tCOâ‚‚e(0.77%)
  • Employee Commuting (Cat. 7): 8,545 tCOâ‚‚e(0.34%)

Grab Holdings's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(98.6%)

Insights into Grab Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Grab Holdings reported Scope 1 greenhouse gas (GHG) emissions of 12,577 tCOâ‚‚e and total revenues of USD 2,797 millions. This translates into an emissions intensity of 4.5 tCOâ‚‚e per millions USD.a

Grab Holdings's Scope 1 Emissions Intensity Compared to Peers

5505002,00020,000Scope 1 Emissions (tCO2e)201005002,00010,000Revenues (Millions of USD)GXeroYear: 2025Scope 1: 18 tCO2eRevenue: $M 1,192Scope 1 Intensity: 0.02 tCO2e/$MKingsoft Cloud HoldingsYear: 2023Scope 1: 67 tCO2eRevenue: $M 992Scope 1 Intensity: 0.07 tCO2e/$MPaylocity HoldingYear: 2025Scope 1: 79 tCO2eRevenue: $M 1,596Scope 1 Intensity: 0.05 tCO2e/$Mmonday.comYear: 2024Scope 1: 155 tCO2eRevenue: $M 972Scope 1 Intensity: 0.16 tCO2e/$MUnity SoftwareYear: 2024Scope 1: 493 tCO2eRevenue: $M 1,813Scope 1 Intensity: 0.27 tCO2e/$MDynatraceYear: 2024Scope 1: 294 tCO2eRevenue: $M 1,431Scope 1 Intensity: 0.21 tCO2e/$MTyler TechnologiesYear: 2024Scope 1: 2,226 tCO2eRevenue: $M 2,138Scope 1 Intensity: 1.04 tCO2e/$MPegasystemsYear: 2024Scope 1: 61 tCO2eRevenue: $M 1,499Scope 1 Intensity: 0.04 tCO2e/$MGuidewire SoftwareYear: 2024Scope 1: 26 tCO2eRevenue: $M 981Scope 1 Intensity: 0.03 tCO2e/$MDayforceYear: 2024Scope 1: 230 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.13 tCO2e/$MPaycom SoftwareYear: 2024Scope 1: 558 tCO2eRevenue: $M 1,883Scope 1 Intensity: 0.30 tCO2e/$MShanghai Baosight SoftwareYear: 2024Scope 1: 189 tCO2eRevenue: $M 1,870Scope 1 Intensity: 0.10 tCO2e/$MElasticYear: 2025Scope 1: 241 tCO2eRevenue: $M 1,483Scope 1 Intensity: 0.16 tCO2e/$MBentley SystemsYear: 2024Scope 1: 1,604 tCO2eRevenue: $M 1,353Scope 1 Intensity: 1.19 tCO2e/$MRibbon CommunicationsYear: 2023Scope 1: 2,124 tCO2eRevenue: $M 826Scope 1 Intensity: 2.57 tCO2e/$MGGGB GroupYear: 2024Scope 1: 7 tCO2eRevenue: $M 350Scope 1 Intensity: 0.02 tCO2e/$MNemetschekYear: 2024Scope 1: 1,971 tCO2eRevenue: $M 1,036Scope 1 Intensity: 1.90 tCO2e/$MOpen TextYear: 2024Scope 1: 4,938 tCO2eRevenue: $M 5,769Scope 1 Intensity: 0.86 tCO2e/$MAutodeskYear: 2024Scope 1: 555 tCO2eRevenue: $M 6,133Scope 1 Intensity: 0.09 tCO2e/$MLime TechnologiesYear: 2024Scope 1: 6 tCO2eRevenue: $M 62Scope 1 Intensity: 0.10 tCO2e/$MPTCYear: 2024Scope 1: 963 tCO2eRevenue: $M 2,298Scope 1 Intensity: 0.42 tCO2e/$MGrab HoldingsYear: 2024Scope 1: 12,577 tCO2eRevenue: $M 2,797Scope 1 Intensity: 4.50 tCO2e/$M

How does Grab Holdings's GHG emissions intensity compare to its peers?

In 2024, Grab Holdings reported a Scope 1 emissions intensity of 4.5 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Grab Holdings rank on GHG emissions intensity within its industry?

In 2024, Grab Holdings ranked 22 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Grab Holdings among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Grab Holdings's Total Carbon Footprint

In 2024, Grab Holdings reported a total carbon footprint of 2,728,369 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.56% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Grab Holdings's total carbon footprint was Scope 3 emissions, accounting for 97.42% of the company's total carbon footprint, followed by Scope 2 emissions at 2.12%.a

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