Habib Metropolitan Bank Limited Sustainability Profile
Habib Metropolitan Bank Limited, commonly referred to as Habib Metro, is a prominent financial institution headquartered in Pakistan (PK). Established in 1992, the bank has made significant strides in the banking sector, particularly in major operational regions across the country. Operating within the commercial banking industry, Habib Metro offers a diverse range of services, including retail banking, corporate banking, and Islamic banking solutions. Its unique approach to customer service and innovative financial products has positioned it as a trusted choice for individuals and businesses alike. With a commitment to excellence, Habib Metropolitan Bank has achieved notable milestones, including a robust market presence and recognition for its contributions to the financial landscape in Pakistan. The bank continues to evolve, focusing on delivering value and fostering financial inclusion across its service areas.
DitchCarbon Score
How does Habib Metropolitan 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 Metropolitan Bank Limited's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Habib Metropolitan Bank Limited, headquartered in Pakistan (PK), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank is identified as a current subsidiary and has a cascading relationship with its parent organization, which may influence its climate commitments and reporting practices. Despite the lack of specific emissions data, Habib Metropolitan Bank Limited is part of a broader industry context that increasingly prioritises sustainability and climate action. The bank has not outlined any formal reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As a current subsidiary, the bank's climate strategies may be informed by its parent company's policies, although specific details on these initiatives are not provided. The absence of reported emissions and reduction targets suggests that Habib Metropolitan Bank Limited may still be in the early stages of developing a comprehensive climate strategy.
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| 2023 | |
|---|---|
| Scope 1 | 4,782,000 |
| Scope 2 | 10,753,000 |
| Scope 3 | 7,253,000 |
How Carbon Intensive is Habib Metropolitan Bank Limited's Industry?
How Carbon Intensive is Habib Metropolitan Bank Limited's Location?
Habib Metropolitan Bank Limited's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 32% of total emissions under the GHG Protocol, with "Business Travel" being the primary emissions source at 8% of Scope 3 emissions.
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Habib Metropolitan Bank Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Habib Metropolitan Bank Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
