Habib Bank Limited
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.
DitchCarbon Score
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.
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
Habib Bank Limited's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Habib Bank Limited's reported carbon emissions
In 2023, Habib Bank Limited (HBL) reported total emissions of approximately 12,103,000 kg CO2e for Scope 1 and 2 combined in Pakistan. This figure reflects the bank's ongoing commitment to monitoring and managing its carbon footprint. In the previous year, 2022, HBL's global emissions were significantly higher, with Scope 1 emissions at about 15,470,000 kg CO2e, Scope 2 at approximately 29,830,000 kg CO2e, and Scope 3 at around 8,137,000 kg CO2e. HBL has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development. The bank's emissions data suggests a focus on reducing its operational impact, particularly in Scope 1 and 2 emissions, which are directly related to its energy use and operational activities. Overall, while HBL has made strides in tracking its emissions, further transparency regarding reduction strategies and long-term climate goals would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 15,470,000 | 0,000,000 |
| Scope 2 | 29,830,000 | 00,000,000 |
| Scope 3 | 8,137,000 | 0,000,000 |
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.
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.
