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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 12,577a | 25,824a | 14,913a | |
Total Scope 2 | ||||
Market-Based | 52,757a | 53,549a | 46,468a | |
Location-Based | 57,820a | 59,090a | 51,208a | |
Total Scope 3 | 2,657,972a | 2,382,927a | 1,978,121a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.4966a | 10.947a | 10.4068a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2024, the total operational greenhouse gas (GHG) emissions of Grab Holdings amounted to 70,397 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 2023, the total operational greenhouse gas (GHG) emissions of Grab Holdings decreased by 17.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Grab Holdings were 12,577 metric tons of CO₂ equivalent (tCO₂e).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
In 2024, Grab Holdings reported Scope 2 greenhouse gas (GHG) emissions of 52,757 tCO₂e using the market-based method and 57,820 tCO₂e using the location-based method.a
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
In 2024, Grab Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Grab Holdings reported 2,657,972 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 2024 disclosure of Grab Holdings includes a breakdown across 4 of 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
In 2024, Grab Holdings reported total Scope 3 emissions of 2,657,972 metric tons of CO₂ equivalent (tCO₂e).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
Since 2019, Grab Holdings's Scope 3 emissions have 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
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.
In 2024, the largest contributors to Grab Holdings's Scope 3 emissions were:a
In 2024, Grab Holdings reported Scope 1 greenhouse gas (GHG) emissions of 12,577 tCO₂e and total revenues of USD 2,797 millions. This translates into an emissions intensity of 4.5 tCO₂e per millions USD.a
In 2024, Grab Holdings reported a Scope 1 emissions intensity of 4.5 tCO₂e per millions USD. Compared to the peer group median of 0.25, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Grab Holdings ranked 21 out of 21 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
In 2024, Grab Holdings reported a total carbon footprint of 2,728,369 metric tons of CO₂ equivalent (tCO₂e) 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