HBL Asset Management Limited, a prominent player in the financial services sector, is headquartered in Pakistan (PK) and operates across key regions within the country. Established in 2006, the firm has made significant strides in the asset management industry, offering a diverse range of investment solutions tailored to meet the needs of both individual and institutional clients. Specialising in mutual funds, discretionary portfolio management, and investment advisory services, HBL Asset Management distinguishes itself through its commitment to innovation and client-centric strategies. The company has garnered a strong market position, recognised for its robust performance and adherence to regulatory standards. With a focus on delivering sustainable growth, HBL Asset Management continues to evolve, aiming to enhance the investment landscape in Pakistan and beyond.
How does HBL Asset Management 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 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.
HBL Asset Management Limited's score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HBL Asset Management Limited, headquartered in Pakistan (PK), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Habib Bank Limited, which may influence its climate-related initiatives and commitments. While HBL Asset Management Limited does not have documented reduction targets or specific climate pledges, it is important to note that its parent company, Habib Bank Limited, may have relevant climate commitments and performance metrics. However, specific details regarding these initiatives or emissions data have not been provided. As a subsidiary, HBL Asset Management Limited's climate strategy may align with broader corporate sustainability goals set by Habib Bank Limited, but without explicit data or targets, the company's individual climate commitments remain unclear.
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 |
HBL Asset Management Limited's Scope 3 emissions, which decreased by 11% last year and decreased by approximately 11% since 2022, demonstrating supply chain emissions tracking. 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" representing nearly all of their reported Scope 3 footprint.
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.
HBL Asset Management 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.