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 60% 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 total carbon emissions of approximately 109,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 8,494,000 kg CO2e, while Scope 2 emissions totalled approximately 197,089,000 kg CO2e. The majority of emissions stemmed from Scope 3, amounting to about 100,640,000 kg CO2e, which includes investments (approximately 100,538,000 kg CO2e), employee commuting (about 81,787,000 kg CO2e), and business travel (approximately 11,336,000 kg CO2e). In 2023, PNB's emissions were slightly lower, with total emissions of around 97,000,000 kg CO2e. This included Scope 1 emissions of about 7,866,000 kg CO2e and Scope 2 emissions of approximately 208,860,000 kg CO2e, alongside Scope 3 emissions of about 96,107,000 kg CO2e. Despite these figures, PNB has not set specific reduction targets or climate pledges, nor do they have any documented initiatives aimed at reducing their carbon footprint. The bank's emissions data is independently reported and not cascaded from any parent organisation. Overall, while PNB has made strides in tracking its emissions, the absence of reduction targets highlights an area for potential improvement in their climate commitments.
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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.
