Hatton National Bank Sustainability Profile
Hatton National Bank PLC, commonly referred to as HNB, is a leading financial institution headquartered in Colombo, Sri Lanka (LK). Established in 1888, HNB has grown to become a prominent player in the banking sector, offering a comprehensive range of services including retail banking, corporate banking, and treasury operations. With a strong presence across Sri Lanka, HNB is renowned for its innovative financial solutions and customer-centric approach. The bank's core products, such as personal loans, savings accounts, and digital banking services, are designed to meet the diverse needs of its clientele. HNB has achieved significant milestones, including numerous awards for excellence in service and sustainability, solidifying its position as a trusted banking partner in the region. Its commitment to financial inclusion and community development further distinguishes HNB in the competitive landscape of the banking industry.
DitchCarbon Score
How does Hatton 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
Hatton National Bank's score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hatton National Bank's reported carbon emissions
In 2023, Hatton National Bank (HNB) reported total carbon emissions of approximately 8,000,000 kg CO2e, comprising 1,715,000 kg CO2e from Scope 1, 7,252,000 kg CO2e from Scope 2, and 58,000 kg CO2e from Scope 3 emissions. The bank has set ambitious near-term reduction targets, aiming to cut GHG emissions by 21% in both Scope 1 and Scope 2 by the end of 2023. These reductions are to be achieved through energy-efficient operations and practices, reflecting HNB's commitment to sustainability and climate action. The emissions data is sourced directly from Hatton National Bank PLC, with no cascaded data from parent organizations.
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| 2023 | |
|---|---|
| Scope 1 | 1,715,000 |
| Scope 2 | 7,252,000 |
| Scope 3 | 58,000 |
How Carbon Intensive is Hatton National Bank's Industry?
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Hatton National Bank'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.
Hatton National Bank 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.
