Public Bank Bhd
Public Bank's Climate Target Data Preview
As of 2024, Public Bank has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Public Bank's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Palm Oil from Unspecified Activities | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cementitious Material from Unspecified Activities | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Malaysian Ringgit (MYR) of Unspecified Unit | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Palm Oil from Unspecified Activities | 0000000 | 2050 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cementitious Material from Unspecified Activities | Copy/Paste is a PRO feature.  a | 2050 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Malaysian Ringgit (MYR) of Unspecified Unit | Copy/Paste is a PRO feature.  a | 2050 |
Verified Sources Behind Public Bank’s Climate Targets Data
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Insights into Public Bank's Greenhouse Gas Emissions Pathways
As of 2024, Public Bank has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.a
Does Public Bank have a target to reduce the emissions from its value chain?
As of 2024, Public Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Public Bank's most ambitious value chain target is to reduce these emissions by 95.83% by 2050, compared to a baseline of 0.72 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cementitious Material from Unspecified Activities in 2023.a