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Public Profile
Coal Tar Production
LK
updated 15 days ago

HNB Assurance PLC Sustainability Profile

Company website

HNB Assurance PLC, a prominent player in the insurance industry, is headquartered in Sri Lanka (LK) and operates extensively across the island. Founded in 2001, the company has established itself as a trusted provider of a diverse range of insurance solutions, including life, general, and health insurance. HNB Assurance is renowned for its customer-centric approach and innovative products, which cater to the evolving needs of individuals and businesses alike. With a strong market position, the company has achieved significant milestones, including numerous awards for excellence in service and product offerings. As a subsidiary of HNB Group, HNB Assurance PLC continues to enhance its reputation through strategic growth and a commitment to delivering unique insurance solutions that stand out in the competitive landscape.

DitchCarbon Score

How does HNB Assurance PLC'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.

17

Industry Average

Mean score of companies in the Coal Tar Production 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.

20

Industry Benchmark

HNB Assurance PLC's score of 17 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

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HNB Assurance PLC's reported carbon emissions

Inherited from Hatton National Bank PLC

HNB Assurance PLC, headquartered in LK, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Hatton National Bank PLC, which may influence its climate commitments and emissions reporting. As of now, HNB Assurance PLC has not established any documented reduction targets or specific climate pledges. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given its relationship with Hatton National Bank PLC, any future emissions data or climate commitments may be informed by the parent company's initiatives. It is essential for HNB Assurance PLC to align with industry standards and best practices in climate action to enhance its sustainability profile and meet stakeholder expectations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2023
Scope 1
1,715,000
Scope 2
7,252,000
Scope 3
58,000

How Carbon Intensive is HNB Assurance PLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HNB Assurance PLC's primary industry is Coal Tar, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is HNB Assurance PLC's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HNB Assurance PLC is in LK, which has a medium grid carbon intensity relative to other regions.

HNB Assurance PLC'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.

HNB Assurance PLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare HNB Assurance PLC's Emissions with Industry Peers

Union Assurance

LK
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 15 days ago

Quotient Limited

CH
•
Pharmaceutical Preparation Manufacturing
Updated 15 days ago

AIA Insurance Lanka Limited

LK
•
Coal Tar
Updated about 1 month ago

Ceylinco Life Insurance Limited

LK
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 2 months ago

Janashakthi General Insurance Limited

LK
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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