Grab Holdings Ltd
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Grab Holdings’s Greenhouse Gas (GHG) Emissions Data
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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). a
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. a
Grab Holdings's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
What are Grab Holdings's Scope 2 emissions?
In 2023, Grab Holdings reported Scope 2 greenhouse gas (GHG) emissions of 53,549 tCO₂e using the market-based method and 59,090 tCO₂e 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 873.64%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
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 a
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. a
Grab Holdings's Scope 2 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
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. a
Grab Holdings's Scope 3 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
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. a b
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. a
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. a
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: a
- Use of Sold Products (Cat. 11): 1,793,485 tCO₂e (87.95%)
- Purchased Goods and Services (Cat. 1): 214,845 tCO₂e (10.54%)
- Fuel- and Energy-Related Services (Cat. 3): 18,954 tCO₂e (0.93%)
Grab Holdings's Scope 3 Emissions by Categories
Insights into Grab Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Grab Holdings reported Scope 1 greenhouse gas (GHG) emissions of 36,186 tCO₂e and total revenues of USD 2,359 millions. This translates into an emissions intensity of 15.34 tCO₂e per millions USD. a
Grab Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Grab Holdings's GHG emissions intensity compare to its peers?
In 2023, Grab Holdings reported a Scope 1 emissions intensity of 15.34 tCO₂e per millions USD. Compared to the peer group median of 0.18, 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 2023, Grab Holdings ranked 18 out of 17 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Grab Holdings reported a total carbon footprint of 2,478,203 metric tons of CO₂ equivalent (tCO₂e) 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. a
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%. a