Public Bank Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2019, 2017

In its 2023 reporting, Public Bank Berhad disclosed greenhouse gas emissions of 87.2K tCO2e/year. By scope: Scope 1: 2.9K tCO2e/year; Scope 2: 61.2K tCO2e/year; Scope 3: 23.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
87.2K tCO2e/year
2023
⚡
Renewable Energy
0.8% of total energy use
of total energy
💧
Water Usage
479.2K m3/year
2023
♻️
Waste
1.6K tons/year
2023
⚙️
Energy Use
96.0K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.61.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).23.2K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202387.2K tCO2e/year
202228.8K tCO2e/year
202125.6K tCO2e/year
201917.6K metric tonne CO2e
201717.9M tCO2 (Menara Public Bank Information Technology & Training Centre in Bangi and Bangunan Public Bank)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Achieve Carbon Neutral position (Scope 1 and Scope 2) by 2030
  • 100% of suppliers and vendors to acknowledge the Public Bank Group Vendor Code of Conduct by 2025
  • Improve lives of 1.5 million individuals through inclusive finance by 2025

📅 Medium-term

  • Achieve a minimum of 25% of building gross floor area operating under green building criteria by 2030
  • Achieve a minimum 30% reduction in energy consumed from baseline by 2030
  • Achieve a minimum 30% reduction in water consumption from baseline by 2030
  • Mobilize RM100 billion of sustainable finance by 2030
  • Achieve a minimum of 50,000 volunteer hours by 2025 and RM10 million spent on communities by 2030

🔭 Long-term

  • Achieve Net Zero Carbon by 2050

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events (implied)
  • Attracting and retaining talent amidst high demands for talent across the industry

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, TCFD recommendations, Bursa Malaysia’s Main Market Listing Requirements and Sustainability Reporting Guide (3rd Edition), Securities Commissions’ Malaysian Code on Corporate Governance
Assurance: KPMG PLT