Habib Bank Limited (HBL), one of Pakistan's premier financial institutions, is headquartered in Karachi, PK. Established in 1941, HBL has grown to become a significant player in the banking industry, with a strong presence across major operational regions, including the Middle East, Europe, and Asia. The bank offers a diverse range of services, including retail banking, corporate banking, and investment solutions, distinguished by its commitment to customer service and innovative financial products. HBL has achieved notable milestones, such as being the first Pakistani bank to establish a branch outside the country. With a robust market position, HBL is recognised for its extensive network and digital banking initiatives, making it a trusted choice for millions of customers. Its dedication to financial inclusion and sustainable practices further solidifies its reputation as a leader in the banking sector.
How does Habib Bank Limited'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.
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.
Habib Bank Limited's score of 16 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Habib Bank Limited reported significant carbon emissions across various scopes. The total emissions for Scope 1 amounted to approximately 4,782,000 kg CO2e, while Scope 2 emissions reached about 10,753,000 kg CO2e. Additionally, Scope 3 emissions were recorded at approximately 7,253,000 kg CO2e, with business travel contributing about 7,147,000 kg CO2e to this total. In Pakistan, the bank's Scope 1 and 2 emissions totalled approximately 12,103,000 kg CO2e. The bank has not disclosed any specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Overall, Habib Bank Limited's emissions data highlights the need for ongoing assessment and potential strategies to enhance its sustainability efforts in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 15,470,000 | 0,000,000 |
Scope 2 | 29,830,000 | 00,000,000 |
Scope 3 | 7,337,000 | 0,000,000 |
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.
Habib Bank Limited is not committed to any reduction initiatives 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.