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In 2024, Public Bank 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).
Public Bank 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofPublic Bank amounted to69,956metric 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 Public Bankincreased by 6.9%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Public Bank were 3,964 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2020, Public Bank's Scope 1 emissions have increased by 642.67%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Public Bank's Scope 1 emissions increased by 37.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Public Bank reported Scope 2 greenhouse gas (GHG) emissions of 38,128 tCOâ‚‚e using the market-based method and 65,992 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2023), Public Bank's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Public Bank's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Public Bank reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Public Bank reported 10,066,411 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 Public Bank includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Public Bank reported total Scope 3 emissions of 10,066,411 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 0.29%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.71%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Public Bank's Scope 3 emissionshave increased by 592,725.32%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Public Bank's Scope 3 emissions remained relatively stable, indicating that Public Bank's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Public Bank 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.
In 2024, the largest contributors to Public Bank's Scope 3 emissions were:a
In 2024, Public Bank reported Scope 1 greenhouse gas (GHG) emissions of 3,964 tCOâ‚‚e and total revenues of USD 3,135 millions. This translates into an emissions intensity of 1.26 tCOâ‚‚e per millions USD.a
In 2024, Public Bank reported a Scope 1 emissions intensity of 1.26 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.48, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Public Bank ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Public Bank among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Public Bank reported a total carbon footprint of 10,136,367 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Public Bank's total carbon footprint was Scope 3 emissions, accounting for 99.31% of the company's total carbon footprint, followed by Scope 2 emissions at 0.65%.a