The Hospitals Contribution Fund of Australia Ltd Sustainability Profile
The Hospitals Contribution Fund of Australia Ltd (HCF) is a leading health insurance provider headquartered in Sydney, Australia. Established in 1932, HCF has grown to become one of the largest not-for-profit health funds in the country, serving millions of members across various regions, including New South Wales, Victoria, and Queensland. HCF offers a range of health insurance products, including hospital cover, extras cover, and comprehensive health plans tailored to meet diverse needs. What sets HCF apart is its commitment to member satisfaction, evidenced by its high customer service ratings and innovative health programs. With a strong market position, HCF continues to achieve notable milestones, including recognition for its transparency and value in the health insurance sector.
DitchCarbon Score
How does The Hospitals Contribution Fund of Australia Ltd'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 Real Estate 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.
Industry Benchmark
The Hospitals Contribution Fund of Australia Ltd's score of 9 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Hospitals Contribution Fund of Australia Ltd's reported carbon emissions
The Hospitals Contribution Fund of Australia Ltd (HCF) reported a total of approximately 25,000,000,000 kg CO2e in emissions for the year 2019, encompassing Scope 1 and 2 emissions. Currently, there are no specific reduction targets or climate pledges disclosed by HCF, indicating a potential area for future commitment. The absence of cascaded emissions data suggests that HCF operates independently regarding its carbon footprint reporting. As the healthcare sector increasingly prioritises sustainability, HCF's future initiatives may align with industry standards to enhance its climate commitments.
How Carbon Intensive is The Hospitals Contribution Fund of Australia Ltd's Industry?
How Carbon Intensive is The Hospitals Contribution Fund of Australia Ltd's Location?
The Hospitals Contribution Fund of Australia Ltd'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.
The Hospitals Contribution Fund of Australia Ltd 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.
