Punjab National Bank
Punjab National Bank (PNB), one of India's leading financial institutions, is headquartered in New Delhi. Established in 1894, PNB has a rich history and has played a pivotal role in the Indian banking sector. The bank operates extensively across India, offering a wide range of services including retail banking, corporate banking, and international banking. With a focus on customer-centric solutions, PNB provides unique products such as personal loans, home loans, and various investment options tailored to meet diverse financial needs. The bank's commitment to innovation and digital banking has positioned it as a key player in the industry, earning it a strong reputation among customers and stakeholders alike. Notably, PNB has achieved significant milestones, including its status as one of the largest public sector banks in India, reflecting its robust market presence and dedication to financial inclusion.
DitchCarbon Score
How does Punjab National Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Punjab National Bank's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Punjab National Bank's reported carbon emissions
In 2024, Punjab National Bank (PNB) reported significant carbon emissions, totalling approximately 109,000,000 kg CO2e. This figure includes 8,494,000 kg CO2e from Scope 1 emissions, 197,089,000 kg CO2e from Scope 2 emissions, and a substantial 100,640,004,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals that investments accounted for about 100,538,098,000 kg CO2e, while employee commuting contributed approximately 81,787,000 kg CO2e and business travel added around 11,336,000 kg CO2e. In 2023, PNB's emissions were slightly lower, with total emissions of about 96,106,674,000 kg CO2e, comprising 7,866,000 kg CO2e from Scope 1, 208,860,000 kg CO2e from Scope 2, and 96,106,674,000 kg CO2e from Scope 3. The bank has not disclosed any specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in its sustainability strategy. Overall, while PNB has made strides in measuring its carbon footprint across all three scopes, the absence of defined reduction targets suggests that further action may be necessary to align with global climate goals.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 7,866,000 | 0,000,000 |
| Scope 2 | 208,860,000 | 000,000,000 |
| Scope 3 | 96,106,674,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Punjab National Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
