HUB24, officially known as HUB24 Limited, is a leading provider of investment and superannuation solutions based in Australia. Established in 2007, the company has rapidly evolved, becoming a key player in the financial services industry, particularly in the areas of platform technology and managed investment solutions. Headquartered in Sydney, HUB24 operates across major Australian regions, offering a diverse range of products including investment platforms, superannuation funds, and managed portfolios. What sets HUB24 apart is its commitment to innovation and customer-centric services, enabling financial advisers and their clients to access tailored investment options. With a strong market position, HUB24 has achieved significant milestones, including recognition for its technology-driven approach and a growing client base, solidifying its reputation as a trusted partner in the financial landscape.
How does HUB24'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 Business Services 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.
HUB24's score of 18 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, HUB24 reported total carbon emissions of approximately 255,450 kg CO2e, comprising 2,350 kg CO2e from Scope 1 and 253,100 kg CO2e from Scope 2 emissions. This data reflects a significant reduction from 2021, where Scope 1 emissions alone were reported at a staggering 533,000,000 kg CO2e. HUB24 has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi). The absence of formal climate pledges or reduction initiatives indicates a potential area for future development in their sustainability strategy. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by HUB24 Limited. As the company continues to evolve its approach to climate commitments, further transparency and specific targets may enhance its sustainability profile in the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 533,000,000 | 0,000 |
Scope 2 | - | 000,000 |
Scope 3 | - | - |
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.
HUB24 is not participating in any of the initiatives that 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.