Habib Bank Ltd 2021 AR2
The report highlights Habib Bank Limited's (HBL) financial and operational performance for 2021, alongside its progress in environmental, social, and governance (ESG) initiatives. HBL advanced its goal of becoming Pakistan's first fully integrated Green Financial Institution by phasing out coal and tobacco from its portfolio, with targets to reach zero exposure by 2030 and 2025, respectively. The bank also co-managed the issuance of Pakistan's first Green Euro Bond for WAPDA, amounting to USD 500 million, and expanded its renewable energy financing. Additionally, HBL achieved its target of a 19.2% gender diversity ratio and contributed 1% of its profit after tax to the HBL Foundation to support healthcare, education, and community development.
Company: Habib Bank Ltd
Sector: Finance & insurance
Country: Pakistan
Year: 2021
Type: AR2
Pages: 374
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Habib Bank Ltd
Annual Report
The report highlights Habib Bank Limited's (HBL) financial and operational performance for 2021, alongside its progress in environmental, social, and governance (ESG) initiatives. HBL advanced its goal of becoming Pakistan's first fully integrated Green Financial Institution by phasing out coal and tobacco from its portfolio, with targets to reach zero exposure by 2030 and 2025, respectively. The bank also co-managed the issuance of Pakistan's first Green Euro Bond for WAPDA, amounting to USD 500 million, and expanded its renewable energy financing. Additionally, HBL achieved its target of a 19.2% gender diversity ratio and contributed 1% of its profit after tax to the HBL Foundation to support healthcare, education, and community development.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees