- Increased severity of heatwaves, cyclones, and floods (Physical Risk)
- Carbon pricing mechanism, enhanced emissions-reporting obligations, substitution of existing products and services with lower emissions options (Transition Risk)
- Data and/or security breaches (Information & Cyber Security Risk)
Punjab National Bank
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Punjab National Bank disclosed greenhouse gas emissions of 100.6M tCO2e/year. By scope: Scope 1: 8.5K tCO2e/year; Scope 2: 197.1K tCO2e/year; Scope 3: 100.6M 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
100.6M tCO2e/year
2023-04 to 2024-03
Water Usage
1.5M kilolitres/year
2023-04 to 2024-03
Energy Use
1.2M Giga Joule/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 8.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 197.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 100.6M 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 period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 100.6M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Commissioned solar energy plants at various Bank’s buildings
- Installed Electric Vehicle Charging stations at Head Office building
- Installed Rain Water Harvesting (RWH) systems in majority of owned buildings
- Prioritized renewable energy and solar power sectors in lending practices
- Implemented an approach paper to address climate risk
- Developed a financing framework for Green, Social and Sustainability Linked Activities/Projects
- Established a framework for Green House Gas emission (GHG) measurement
- Conducted Climate Risk Stress Testing for Physical Risk
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net zero emissions by 2070
🌱 ESG Focus Areas
EnvironmentalSocialGovernance