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Public Bank Bhd

Common Name
Public Bank
Country
Malaysia
Sector
Financial Services
Industry
Banks - Regional
Employees
21,125
Ticker
PBBANK
Exchange
BURSA MALAYSIA
Description
Public Bank Berhad is a leading public financial institution in Malaysia, engaged primarily in providing a wide range of financial services to individual and corporate customers. The bank's offerings ...

Public Bank's GHG Emissions Data Preview

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)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
Unspecified Calculation Method
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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
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a
0000000
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Verified Sources Behind Public Bank’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 Public Bank’s data sources below and access millions more through our Disclosure Search.

a. Public Bank's ESG Data Spreadsheet 2024
a. Public Bank's ESG Data Spreadsheet 2024
b. Public Bank's Annual Report 2022
b. Public Bank's Annual Report 2022

Insights into Public Bank's Operational Emissions

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

Public Bank's Scope 1 Emissions Over Time

2020202120222023202401 k2 k3 k4 ktCO2e+3%+346%+18%+37%
  • Total Scope 1
  • Year-over-Year Change

What are Public Bank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Public Bank were 3,964 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Public Bank reduced its Scope 1 emissions over time?

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

What are Public Bank's Scope 2 emissions?

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

Has Public Bank reduced its Scope 2 emissions over time?

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

What methodology does Public Bank use for Scope 2 reporting?

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

Public Bank's Scope 2 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Public Bank's Value Chain Emissions

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

Public Bank's Scope 3 Emissions Over Time

2020202120222023202403 M6 M9 M12 MtCO2e-39%+884905%+5%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Public Bank's Scope 3 emissions?

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

Has Public Bank reduced its Scope 3 emissions over time?

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

What categories of Scope 3 emissions does Public Bank disclose?

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.

What are the main sources of Public Bank's Scope 3 emissions?

In 2024, the largest contributors to Public Bank's Scope 3 emissions were:a

  • Investments (Cat. 15): 10,036,400 tCOâ‚‚e(99.7%)
  • Employee Commuting (Cat. 7): 25,872 tCOâ‚‚e(0.26%)
  • Business Travel (Cat. 6): 1,939 tCOâ‚‚e(0.02%)

Public Bank's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.7%)

Insights into Public Bank’s GHG Emissions Intensity Compared to Industry Peers

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

Public Bank's Scope 1 Emissions Intensity Compared to Peers

10505005,00050,000Scope 1 Emissions (tCO2e)1002002,0005,00020,000Revenues (Millions of USD)TTSCIMB Group HoldingsYear: 2024Scope 1: 4,327 tCO2eRevenue: $M 4,973Scope 1 Intensity: 0.87 tCO2e/$MAMMB HoldingsYear: 2025Scope 1: 62 tCO2eRevenue: $M 1,084Scope 1 Intensity: 0.06 tCO2e/$MHong Leong BankYear: 2024Scope 1: 121 tCO2eRevenue: $M 1,198Scope 1 Intensity: 0.10 tCO2e/$MRHB BankYear: 2024Scope 1: 402 tCO2eRevenue: $M 1,903Scope 1 Intensity: 0.21 tCO2e/$MMBSBYear: 2023Scope 1: 41 tCO2eRevenue: $M 226Scope 1 Intensity: 0.18 tCO2e/$MTTTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MMalayan BankingYear: 2024Scope 1: 11,761 tCO2eRevenue: $M 6,268Scope 1 Intensity: 1.88 tCO2e/$MJyske BankYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,967Scope 1 Intensity: 0.33 tCO2e/$MAlliance Bank MalaysiaYear: 2024Scope 1: 26 tCO2eRevenue: $M 428Scope 1 Intensity: 0.06 tCO2e/$MZions BancorporationYear: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$MQatar Islamic BankYear: 2024Scope 1: 87 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.05 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$MBanca Popolare di SondrioYear: 2024Scope 1: 3,441 tCO2eRevenue: $M 1,859Scope 1 Intensity: 1.85 tCO2e/$MAlinma BankYear: 2024Scope 1: 1,201 tCO2eRevenue: $M 2,911Scope 1 Intensity: 0.41 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MDNB BankYear: 2024Scope 1: 67 tCO2eRevenue: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$MSinopac Financial HoldingsYear: 2024Scope 1: 1,439 tCO2eRevenue: $M 1,941Scope 1 Intensity: 0.74 tCO2e/$MTTTS Financial HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 2,644Scope 1 Intensity: 0.73 tCO2e/$MShinhan Financial GroupYear: 2024Scope 1: 13,575 tCO2eRevenue: $M 11,972Scope 1 Intensity: 1.13 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MSaudi National BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 10,238Scope 1 Intensity: 0.00 tCO2e/$MHong Leong Financial GroupYear: 2025Scope 1: 238 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.14 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,135Scope 1 Intensity: 1.26 tCO2e/$M

How does Public Bank's GHG emissions intensity compare to its peers?

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

Where does Public Bank rank on GHG emissions intensity within its industry?

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

Insights into Public Bank's Total Carbon Footprint

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

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